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Australian Oil Co (FRA:21K0) Total Assets : €8.63 Mil (As of Jun. 2024)


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What is Australian Oil Co Total Assets?

Australian Oil Co's Total Assets for the quarter that ended in Jun. 2024 was €8.63 Mil.

Warning Sign:

If a company builds assets at 133.6% a year, faster than its revenue growth rate of 51.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Australian Oil Co's average Total Assets Growth Rate was -55.90% per year. During the past 3 years, the average Total Assets Growth Rate was 212.40% per year. During the past 5 years, the average Total Assets Growth Rate was 133.60% per year.

During the past 13 years, Australian Oil Co's highest 3-Year average Total Assets Growth Rate was 230.60%. The lowest was -59.50%. And the median was 37.30%.

Total Assets is connected with ROA %. Australian Oil Co's annualized ROA % for the quarter that ended in Jun. 2024 was 64.49%. Total Assets is also linked to Revenue through Asset Turnover. Australian Oil Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.02.


Australian Oil Co Total Assets Historical Data

The historical data trend for Australian Oil Co'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.

Australian Oil Co Total Assets Chart

Australian Oil Co Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 1.54 24.31 17.57 14.35

Australian Oil Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 20.60 17.57 19.35 14.35 8.63

Australian Oil Co 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.

Australian Oil Co'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 )
=-4.698+19.051
=14.35

Australian Oil Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=-0.066+8.698
=8.63

* 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.


Australian Oil Co  (FRA:21K0) Total Assets Explanation

Total Assets is connected with ROA %.

Australian Oil Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=7.412/( (14.353+8.632)/ 2 )
=7.412/11.4925
=64.49 %

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

Australian Oil Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.181/( (14.353+8.632)/ 2 )
=0.181/11.4925
=0.02

* 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.

Australian Oil Co Total Assets Related Terms

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Australian Oil Co Business Description

Traded in Other Exchanges
Address
215 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008
Australian Oil Co Ltd is an oil and gas company. It focused on unconventional onshore oil & gas exploration, development, and production in the USA. Its project includes Tuscaloosa Marine Shale.

Australian Oil Co Headlines

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