Rompetrol Rafinare (FRA:87R) Total Assets: €2,685 Mil (As of Sep. 2023)

What is Rompetrol Rafinare Total Assets?

Rompetrol Rafinare FRA:87R Total Assets is €2,685 Mil as of Sep. 2023.

Rompetrol Rafinare's Total Assets for the quarter that ended in Sep. 2023 was €2,685 Mil.

Total Assets is connected with ROA %. Rompetrol Rafinare's annualized ROA % for the quarter that ended in Sep. 2023 was 4.46%. Total Assets is also linked to Revenue through Asset Turnover. Rompetrol Rafinare's Asset Turnover for the quarter that ended in Sep. 2023 was 0.38.

Rompetrol Rafinare (FRA:87R) Total Assets Explanation

Total Assets is connected with ROA %.

Rompetrol Rafinare's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	116.376	/	( (2532.267	+	2684.562)	/ 2 )
	=	116.376	/	2608.4145
	=	4.46 %

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

Rompetrol Rafinare's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	984.198	/	( (2532.267	+	2684.562)	/ 2 )
=	984.198	/	2608.4145
=	0.38

* 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.

Rompetrol Rafinare Total Assets Related Terms

Rompetrol Rafinare Total Assets Historical Data

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The historical data trend for Rompetrol Rafinare's Total Assets can be seen below:

Rompetrol Rafinare Total Assets Chart

Rompetrol Rafinare Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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1,830.74

1,903.43

1,807.96

2,266.07

2,258.83

Rompetrol Rafinare Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															2,705.38	2,258.83	2,439.90	2,532.27	2,684.56

Rompetrol Rafinare 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.

Rompetrol Rafinare's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	506.725	+	1752.105
	=	2,259

Rompetrol Rafinare's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	501.678	+	2182.884
	=	2,685

Frequently Asked Questions Learn more about Total Assets →

What does a Total Assets of €2,685 Mil mean?

Rompetrol Rafinare (FRA:87R) has a Total Assets of €2,685 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Rompetrol Rafinare and its competitors.

Is Rompetrol Rafinare's Total Assets too high?

Rompetrol Rafinare's current Total Assets is €2,685 Mil.

How does Rompetrol Rafinare's Total Assets compare to ?

Rompetrol Rafinare's Total Assets of €2,685 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Total Assets for an Oil & Gas company?

A good Total Assets depends on the Oil & Gas industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Total Assets mean?

A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Rompetrol Rafinare and its competitors. Rompetrol Rafinare's current Total Assets is €2,685 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Rompetrol Rafinare stock overvalued right now?

Rompetrol Rafinare (FRA:87R) has a current Total Assets of €2,685 Mil. The current Total Assets is €2,685 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Assets calculated?

Total Assets is calculated from a company's financial statements. For Rompetrol Rafinare (FRA:87R), the current Total Assets is €2,685 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rompetrol Rafinare Business Description

Industry Energy Oil & Gas

Comparable Companies

Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700

Website http://www.rompetrol-rafinare.ro

Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.