AKRBF (Aker BP ASA) Total Assets : $41,693 Mil (As of Sep. 2024)

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What is Aker BP ASA Total Assets?

Aker BP ASA's Total Assets for the quarter that ended in Sep. 2024 was $41,693 Mil.

Warning Sign:

If a company builds assets at 35.9% a year, faster than its revenue growth rate of 28.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Aker BP ASA's average Total Assets Growth Rate was 7.00% per year. During the past 3 years, the average Total Assets Growth Rate was 53.80% per year. During the past 5 years, the average Total Assets Growth Rate was 35.90% per year. During the past 10 years, the average Total Assets Growth Rate was 33.30% per year.

During the past 13 years, Aker BP ASA's highest 3-Year average Total Assets Growth Rate was 188.60%. The lowest was 1.80%. And the median was 32.90%.

Total Assets is connected with ROA %. Aker BP ASA's annualized ROA % for the quarter that ended in Sep. 2024 was 1.69%. Total Assets is also linked to Revenue through Asset Turnover. Aker BP ASA's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Aker BP ASA Total Assets Historical Data

The historical data trend for Aker BP ASA'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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Aker BP ASA Total Assets Chart

Aker BP ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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12,226.79

12,420.09

16,708.03

37,561.80

39,046.50

Aker BP ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															38,127.20	39,046.50	39,436.70	40,217.90	41,693.00

Aker BP ASA 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.

Aker BP ASA'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 )
	=	12362.2	+	26684.3
	=	39,047

Aker BP ASA's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	12476.8	+	29216.2
	=	41,693

Aker BP ASA (OTCPK:AKRBF) Total Assets Explanation

Total Assets is connected with ROA %.

Aker BP ASA's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	693.6	/	( (40217.9	+	41693)	/ 2 )
	=	693.6	/	40955.45
	=	1.69 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

Aker BP ASA's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	2822.3	/	( (40217.9	+	41693)	/ 2 )
=	2822.3	/	40955.45
=	0.07

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.

Aker BP ASA Total Assets Related Terms

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Aker BP ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (OTCPK:AKRBF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AKRBY:USA AKERBPo:Sweden AKRBP:Norway AKRBPo:UK 0M5J:UK ARC:Germany

Address

Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366

Website

https://www.akerbp.com

Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, Johan Sverdrup, Ula and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. The group's business is entirely related to exploration for and production of petroleum on, or to the borderline of the Norwegian continental shelf.