New Zealand Oil & Gas (ASX:NZO) Total Assets : A$260.99 Mil (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is New Zealand Oil & Gas Total Assets?

New Zealand Oil & Gas's Total Assets for the quarter that ended in Dec. 2023 was A$260.99 Mil.

Warning Sign:

If a company builds assets at 36.4% a year, faster than its revenue growth rate of 26.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, New Zealand Oil & Gas's average Total Assets Growth Rate was 2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 45.50% per year. During the past 5 years, the average Total Assets Growth Rate was 36.40% per year. During the past 10 years, the average Total Assets Growth Rate was -8.60% per year.

During the past 13 years, New Zealand Oil & Gas's highest 3-Year average Total Assets Growth Rate was 105.40%. The lowest was -46.70%. And the median was -1.85%.

Total Assets is connected with ROA %. New Zealand Oil & Gas's annualized ROA % for the quarter that ended in Dec. 2023 was 5.31%. Total Assets is also linked to Revenue through Asset Turnover. New Zealand Oil & Gas's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

New Zealand Oil & Gas Total Assets Historical Data

The historical data trend for New Zealand 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.

* Premium members only.

New Zealand Oil & Gas Total Assets Chart

New Zealand Oil & Gas Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

169.91

173.11

133.24

255.27

247.99

New Zealand Oil & Gas Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															206.47	255.27	241.62	247.99	260.99

New Zealand 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.

New Zealand Oil & Gas'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 )
	=	164.32	+	83.665
	=	247.99

New Zealand 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 )
	=	177.756	+	83.231
	=	260.99

New Zealand Oil & Gas (ASX:NZO) Total Assets Explanation

Total Assets is connected with ROA %.

New Zealand 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 )
	=	13.506	/	( (247.985	+	260.987)	/ 2 )
	=	13.506	/	254.486
	=	5.31 %

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.

New Zealand 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 )
=	0	/	( (247.985	+	260.987)	/ 2 )
=	0	/	254.486
=	0.00

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.

New Zealand Oil & Gas Total Assets Related Terms

Thank you for viewing the detailed overview of New Zealand Oil & Gas's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

New Zealand Oil & Gas (ASX:NZO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » New Zealand Oil & Gas Ltd (ASX:NZO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NZEOF:USA NZO:New Zealand

Address

36 Tennyson Street, Level 1, Wellington, NZL, 6011

Website

https://www.nzog.com

New Zealand Oil & Gas Ltd is an oil and gas exploration and production company with producing assets in New Zealand. It operates through Kupe Oil and Gas Field, Oil and Gas Exploration, and Cue Energy Resources Limited segments. The company generates maximum revenue from Cue Energy Resources Limited. It has a presence in Indonesia and Australia.

New Zealand Oil & Gas (ASX:NZO) Headlines

No Headlines