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FieldPoint Petroleum (FieldPoint Petroleum) Total Assets : $4.53 Mil (As of Mar. 2019)


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What is FieldPoint Petroleum Total Assets?

FieldPoint Petroleum's Total Assets for the quarter that ended in Mar. 2019 was $4.53 Mil.

Total Assets is connected with ROA %. FieldPoint Petroleum's annualized ROA % for the quarter that ended in Mar. 2019 was -24.40%. Total Assets is also linked to Revenue through Asset Turnover. FieldPoint Petroleum's Asset Turnover for the quarter that ended in Mar. 2019 was 0.10.


FieldPoint Petroleum Total Assets Historical Data

The historical data trend for FieldPoint Petroleum'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.

FieldPoint Petroleum Total Assets Chart

FieldPoint Petroleum Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.90 10.52 8.77 7.71 4.69

FieldPoint Petroleum Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 7.52 7.44 7.33 4.69 4.53

FieldPoint Petroleum 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.

FieldPoint Petroleum's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=-1.45+6.136
=4.69

FieldPoint Petroleum's Total Assets for the quarter that ended in Mar. 2019 is calculated as

Total Assets=Total Equity (Q: Mar. 2019 )+Total Liabilities (Q: Mar. 2019 )
=-1.731+6.259
=4.53

* 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.


FieldPoint Petroleum  (OTCPK:FPPP) Total Assets Explanation

Total Assets is connected with ROA %.

FieldPoint Petroleum's annualized ROA % for the quarter that ended in Mar. 2019 is

ROA %=Net Income (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=-1.124/( (4.686+4.528)/ 2 )
=-1.124/4.607
=-24.40 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) 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.

FieldPoint Petroleum's Asset Turnover for the quarter that ended in Mar. 2019 is

Asset Turnover
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=0.467/( (4.686+4.528)/ 2 )
=0.467/4.607
=0.10

* 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.

FieldPoint Petroleum Total Assets Related Terms

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FieldPoint Petroleum (FieldPoint Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746
FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.
Executives
Daniel R Robinson director 190 COYOTE COURT, ARGYLE TX 76226

FieldPoint Petroleum (FieldPoint Petroleum) Headlines

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