Kelt Exploration (FRA:2KE) Total Assets : €871.6 Mil (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Kelt Exploration Total Assets?

Kelt Exploration's Total Assets for the quarter that ended in Mar. 2024 was €871.6 Mil.

During the past 12 months, Kelt Exploration's average Total Assets Growth Rate was 13.20% per year. During the past 3 years, the average Total Assets Growth Rate was 19.60% per year. During the past 5 years, the average Total Assets Growth Rate was -4.10% per year. During the past 10 years, the average Total Assets Growth Rate was 3.80% per year.

During the past 12 years, Kelt Exploration's highest 3-Year average Total Assets Growth Rate was 40.40%. The lowest was -17.00%. And the median was 5.95%.

Total Assets is connected with ROA %. Kelt Exploration's annualized ROA % for the quarter that ended in Mar. 2024 was 3.72%. Total Assets is also linked to Revenue through Asset Turnover. Kelt Exploration's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Kelt Exploration Total Assets Historical Data

The historical data trend for Kelt Exploration'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.

Kelt Exploration Total Assets Chart

Kelt Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

1,097.21

487.71

631.60

783.90

861.43

Kelt Exploration Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															801.71	816.02	846.50	861.43	871.65

Kelt Exploration 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.

Kelt Exploration'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 )
	=	686.016	+	175.409
	=	861.4

Kelt Exploration's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	692.314	+	179.332
	=	871.6

Kelt Exploration (FRA:2KE) Total Assets Explanation

Total Assets is connected with ROA %.

Kelt Exploration's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	32.208	/	( (861.425	+	871.646)	/ 2 )
	=	32.208	/	866.5355
	=	3.72 %

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

Kelt Exploration's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	85.904	/	( (861.425	+	871.646)	/ 2 )
=	85.904	/	866.5355
=	0.10

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.

Kelt Exploration Total Assets Related Terms

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

Kelt Exploration (FRA:2KE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kelt Exploration Ltd (FRA:2KE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

KELTF:USA KEL:Canada

Address

311 – 6th Avenue S.W, Suite 300, Calgary, AB, CAN, T2P 3H2

Website

https://www.keltexploration.com

Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets. Product offerings for the energy firm consist of crude oil, natural gas liquids, and natural gas, with a majority of revenue delivered by Gas production.

Kelt Exploration (FRA:2KE) Headlines

No Headlines