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

Cooper Energy (ASX:COE) Total Assets : A$1,347.9 Mil (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Cooper Energy Total Assets?

Cooper Energy's Total Assets for the quarter that ended in Dec. 2023 was A$1,347.9 Mil.

During the past 12 months, Cooper Energy's average Total Assets Growth Rate was -2.00% per year. During the past 3 years, the average Total Assets Growth Rate was 12.20% per year. During the past 5 years, the average Total Assets Growth Rate was 13.00% per year. During the past 10 years, the average Total Assets Growth Rate was 29.60% per year.

During the past 13 years, Cooper Energy's highest 3-Year average Total Assets Growth Rate was 376.80%. The lowest was -2.50%. And the median was 35.55%.

Total Assets is connected with ROA %. Cooper Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -13.48%. Total Assets is also linked to Revenue through Asset Turnover. Cooper Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.


Cooper Energy Total Assets Historical Data

The historical data trend for Cooper 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.

* Premium members only.

Cooper Energy Total Assets Chart

Cooper Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,001.81 1,029.92 978.54 1,199.97 1,344.37

Cooper Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 947.66 1,199.97 1,358.83 1,344.37 1,347.90

Cooper 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.

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

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=496.873+847.5
=1,344.4

Cooper 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 )
=439.266+908.636
=1,347.9

* 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.


Cooper Energy  (ASX:COE) Total Assets Explanation

Total Assets is connected with ROA %.

Cooper Energy'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 )
=-181.514/( (1344.373+1347.902)/ 2 )
=-181.514/1346.1375
=-13.48 %

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.

Cooper Energy'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 )
=105.864/( (1344.373+1347.902)/ 2 )
=105.864/1346.1375
=0.08

* 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.

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.

Cooper Energy Total Assets Related Terms

Thank you for viewing the detailed overview of Cooper Energy's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Cooper Energy (ASX:COE) Business Description

Traded in Other Exchanges
Address
70 Franklin Street, Level 8, Adelaide, SA, AUS, 5000
Cooper Energy Ltd is an upstream gas and oil exploration and production company whose primary purpose is to secure, find, develop, produce and sell hydrocarbons. It is engaged in the discovery, commercialisation, and sale of gas to southeast Australia and low-cost Cooper Basin oil production. Its segments are Cooper Basin; South-East Australia and Other. The company derives a majority of its revenue from South East Australia. The company projects include Sole Gas and Manta Project in Southeast Australia.