Australis Oil & Gas (ASX:ATS) Total Assets : A$105.74 Mil (As of Dec. 2023)

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What is Australis Oil & Gas Total Assets?

Australis Oil & Gas's Total Assets for the quarter that ended in Dec. 2023 was A$105.74 Mil.

During the past 12 months, Australis Oil & Gas's average Total Assets Growth Rate was -25.30% per year. During the past 3 years, the average Total Assets Growth Rate was -3.40% per year. During the past 5 years, the average Total Assets Growth Rate was -16.40% per year.

During the past 8 years, Australis Oil & Gas's highest 3-Year average Total Assets Growth Rate was 102.10%. The lowest was -24.40%. And the median was -9.10%.

Total Assets is connected with ROA %. Australis Oil & Gas's annualized ROA % for the quarter that ended in Dec. 2023 was -4.33%. Total Assets is also linked to Revenue through Asset Turnover. Australis Oil & Gas's Asset Turnover for the quarter that ended in Dec. 2023 was 0.15.

Australis Oil & Gas Total Assets Historical Data

The historical data trend for Australis Oil & Gas'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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Australis Oil & Gas Total Assets Chart

Australis Oil & Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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333.42

117.16

126.98

133.95

105.74

Australis Oil & Gas Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial										126.98	129.54	133.95	109.39	105.74

Australis Oil & Gas 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.

Australis Oil & Gas'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 )
	=	79.479	+	26.262
	=	105.74

Australis Oil & Gas'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 )
	=	79.479	+	26.262
	=	105.74

Australis Oil & Gas (ASX:ATS) Total Assets Explanation

Total Assets is connected with ROA %.

Australis Oil & Gas's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.656	/	( (109.387	+	105.741)	/ 2 )
	=	-4.656	/	107.564
	=	-4.33 %

Note: The Net Income data used here is two times the semi-annual (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.

Australis Oil & Gas's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	16.473	/	( (109.387	+	105.741)	/ 2 )
=	16.473	/	107.564
=	0.15

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.

Australis Oil & Gas Total Assets Related Terms

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Australis Oil & Gas (ASX:ATS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Australis Oil & Gas Ltd (ASX:ATS) » Definitions » Total Assets

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Address

215 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008

Website

https://www.australisoil.com

Australis Oil & Gas Ltd engages in oil and gas exploration, development, and production activities. The company operates through Oil & Gas Production, Exploration, and Other segments. The Oil & Gas Production segment earns the majority of revenue.