TransGlobe Energy (TransGlobe Energy) Total Assets : $354.8 Mil (As of Jun. 2022)

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What is TransGlobe Energy Total Assets?

TransGlobe Energy's Total Assets for the quarter that ended in Jun. 2022 was $354.8 Mil.

During the past 12 months, TransGlobe Energy's average Total Assets Growth Rate was 78.10% per year. During the past 3 years, the average Total Assets Growth Rate was -9.00% per year. During the past 5 years, the average Total Assets Growth Rate was -12.40% per year. During the past 10 years, the average Total Assets Growth Rate was -11.00% per year.

During the past 13 years, TransGlobe Energy's highest 3-Year average Total Assets Growth Rate was 67.50%. The lowest was -18.30%. And the median was 24.30%.

Total Assets is connected with ROA %. TransGlobe Energy's annualized ROA % for the quarter that ended in Jun. 2022 was 37.89%. Total Assets is also linked to Revenue through Asset Turnover. TransGlobe Energy's Asset Turnover for the quarter that ended in Jun. 2022 was 0.22.

TransGlobe Energy Total Assets Historical Data

The historical data trend for TransGlobe Energy's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TransGlobe Energy Total Assets Chart

TransGlobe Energy Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Assets

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327.70

318.30

308.33

201.15

239.10

TransGlobe Energy Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Total Assets	Get a 7-Day Free Trial															208.48	267.26	239.10	323.66	354.84

TransGlobe Energy Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

TransGlobe Energy's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	178.574	+	60.521
	=	239.1

TransGlobe Energy's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2022 )	+	Total Liabilities (Q: Jun. 2022 )
	=	250.231	+	104.605
	=	354.8

TransGlobe Energy (NAS:TGA) Total Assets Explanation

Total Assets is connected with ROA %.

TransGlobe Energy's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %	=	Net Income (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
	=	128.532	/	( (323.663	+	354.836)	/ 2 )
	=	128.532	/	339.2495
	=	37.89 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

TransGlobe Energy's Asset Turnover for the quarter that ended in Jun. 2022 is

	Asset Turnover
=	Revenue (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
=	74.691	/	( (323.663	+	354.836)	/ 2 )
=	74.691	/	339.2495
=	0.22

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

TransGlobe Energy Total Assets Related Terms

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TransGlobe Energy (TransGlobe Energy) Business Description

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Address

444 - 5th Street SW, Suit 900, Calgary, AB, CAN, T2P 2T8

Website

http://www.trans-globe.com

TransGlobe Energy Corp and its subsidiaries are engaged in oil and natural gas exploration, development and production, and the acquisition of oil and natural gas properties in Egypt and Alberta, Canada. The company has two reportable segments namely, the Arab Republic of Egypt and Canada. The company holds 100% working interests in four Production Sharing Concessions in Egypt, namely, West Gharib Concession, North West Gharib Concession, West Bakr Concession and South Ghazalat Concession.