Kiwetinohk Energy (TSX:KEC) Total Assets : C$1,085.6 Mil (As of Dec. 2023)

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What is Kiwetinohk Energy Total Assets?

Kiwetinohk Energy's Total Assets for the quarter that ended in Dec. 2023 was C$1,085.6 Mil.

During the past 12 months, Kiwetinohk Energy's average Total Assets Growth Rate was 15.90% per year. During the past 3 years, the average Total Assets Growth Rate was 108.90% per year.

During the past 4 years, Kiwetinohk Energy's highest 3-Year average Total Assets Growth Rate was 108.90%. The lowest was 108.90%. And the median was 108.90%.

Total Assets is connected with ROA %. Kiwetinohk Energy's annualized ROA % for the quarter that ended in Dec. 2023 was 18.28%. Total Assets is also linked to Revenue through Asset Turnover. Kiwetinohk Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Kiwetinohk Energy Total Assets Historical Data

The historical data trend for Kiwetinohk 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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Kiwetinohk Energy Total Assets Chart

Kiwetinohk Energy Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

172.99

614.34

932.65

1,085.62

Kiwetinohk Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial										932.65	984.21	1,014.34	1,028.18	1,085.62

Kiwetinohk 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.

Kiwetinohk Energy's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	710.202	+	375.413
	=	1,085.6

Kiwetinohk Energy's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	710.202	+	375.413
	=	1,085.6

Kiwetinohk Energy (TSX:KEC) Total Assets Explanation

Total Assets is connected with ROA %.

Kiwetinohk Energy's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	193.208	/	( (1028.176	+	1085.615)	/ 2 )
	=	193.208	/	1056.8955
	=	18.28 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Kiwetinohk Energy's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	132.174	/	( (1028.176	+	1085.615)	/ 2 )
=	132.174	/	1056.8955
=	0.13

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.

Kiwetinohk Energy Total Assets Related Terms

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Kiwetinohk Energy (TSX:KEC) Business Description

Industry

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KWTEF:USA

Address

250 - 2nd Street SW, Suite 1700, Calgary, AB, CAN, T2P 0C1

Website

https://www.kiwetinohk.com

Kiwetinohk Energy Corp develops and produces natural gas and related products and is in the process of developing renewable, natural gas-fired power, carbon capture, and hydrogen clean energy projects.

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