Petroreconcavo (BSP:RECV3) Total Assets : R$7,438 Mil (As of Dec. 2024)

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What is Petroreconcavo Total Assets?

Petroreconcavo's Total Assets for the quarter that ended in Dec. 2024 was R$7,438 Mil.

During the past 12 months, Petroreconcavo's average Total Assets Growth Rate was 0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 17.70% per year. During the past 5 years, the average Total Assets Growth Rate was 33.20% per year.

During the past 7 years, Petroreconcavo's highest 3-Year average Total Assets Growth Rate was 100.40%. The lowest was 17.70%. And the median was 43.65%.

Total Assets is connected with ROA %. Petroreconcavo's annualized ROA % for the quarter that ended in Dec. 2024 was 1.71%. Total Assets is also linked to Revenue through Asset Turnover. Petroreconcavo's Asset Turnover for the quarter that ended in Dec. 2024 was 0.11.

Petroreconcavo Total Assets Historical Data

The historical data trend for Petroreconcavo'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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Petroreconcavo Total Assets Chart

Petroreconcavo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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2,080.17

4,715.39

6,585.09

6,829.18

7,437.57

Petroreconcavo Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															6,829.18	6,885.12	7,872.74	7,708.99	7,437.57

Petroreconcavo 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.

Petroreconcavo's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	4235.277	+	3202.294
	=	7,438

Petroreconcavo's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	4235.277	+	3202.294
	=	7,438

Petroreconcavo (BSP:RECV3) Total Assets Explanation

Total Assets is connected with ROA %.

Petroreconcavo's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	129.776	/	( (7708.991	+	7437.571)	/ 2 )
	=	129.776	/	7573.281
	=	1.71 %

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

Petroreconcavo's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	843.376	/	( (7708.991	+	7437.571)	/ 2 )
=	843.376	/	7573.281
=	0.11

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.

Petroreconcavo Total Assets Related Terms

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Petroreconcavo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroreconcavo SA (BSP:RECV3) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Avenue Luis Viana, Hangar Businesss park, Tower 3, 4th Floor, Salvador, BA, BRA, 41500-300

Website

https://www.petroreconcavo.com.br

Petroreconcavo SA is engaged in the operation and production of mature oil and natural gas fields and its by-products in Brazil. The company specializes in the development and rejuvenation of mature and marginal fields in onshore basins and is the operator in all of its fields.

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