Petro Welt Technologies AG (XTER:O2C) Total Assets

: €149.23 Mil (As of Jun. 2023)

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Petro Welt Technologies AG's Total Assets for the quarter that ended in Jun. 2023 was €149.23 Mil.

During the past 12 months, Petro Welt Technologies AG's average Total Assets Growth Rate was -75.30% per year. During the past 3 years, the average Total Assets Growth Rate was -30.40% per year. During the past 5 years, the average Total Assets Growth Rate was -14.60% per year. During the past 10 years, the average Total Assets Growth Rate was -6.20% per year.

During the past 13 years, Petro Welt Technologies AG's highest 3-Year average Total Assets Growth Rate was 39.80%. The lowest was -30.40%. And the median was -0.10%.

Total Assets is connected with ROA %. Petro Welt Technologies AG's annualized ROA % for the quarter that ended in Jun. 2023 was -21.39%. Total Assets is also linked to Revenue through Asset Turnover. Petro Welt Technologies AG's Asset Turnover for the quarter that ended in Jun. 2023 was 0.03.

Petro Welt Technologies AG Total Assets Historical Data

The historical data trend for Petro Welt Technologies AG'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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Petro Welt Technologies AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

381.83

452.74

364.29

403.65

162.79

Petro Welt Technologies AG Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Total Assets																376.23	577.52	162.79	155.77	149.23

Petro Welt Technologies AG 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.

Petro Welt Technologies AG's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	25.253	+	137.535
	=	162.79

Petro Welt Technologies AG's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	9.236	+	139.993
	=	149.23

Petro Welt Technologies AG (XTER:O2C) Total Assets Explanation

Total Assets is connected with ROA %.

Petro Welt Technologies AG's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-32.616	/	( (155.774	+	149.229)	/ 2 )
	=	-32.616	/	152.5015
	=	-21.39 %

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

Petro Welt Technologies AG's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	5.096	/	( (155.774	+	149.229)	/ 2 )
=	5.096	/	152.5015
=	0.03

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.

Petro Welt Technologies AG Total Assets Related Terms

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Petro Welt Technologies AG (XTER:O2C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro Welt Technologies AG (XTER:O2C) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karntner Ring 11-13, Vienna, AUT, 1010

Website

https://www.pewete.com

Petro Welt Technologies AG is a service provider of oilfield services in Russia & Kazakhstan. The operating segment of the company is Well Services & Stimulation, Drilling, Sidetracking, Integrated Project Management (IPM), and Proppant Manufacturing. The Well Services & Stimulation segment comprises hydraulic fracturing, cementing, & coiled tubing, with a focus on hydraulic fracturing, a method of well stimulation. The Drilling, Sidetracking, & IPM segment encompasses conventional drilling, sidetrack drilling, & IPM. The Proppant Manufacturing segment offers goods for the oil & natural gas industry & manufactures different kinds of Proppant in Kopeysk, Russia. The majority is from the Well Services and Stimulation segment. Geographically, key revenue is from Russia.

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