Advantagewon Oil (FRA:AD30) Total Assets : €0.09 Mil (As of Sep. 2023)

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What is Advantagewon Oil Total Assets?

Advantagewon Oil's Total Assets for the quarter that ended in Sep. 2023 was €0.09 Mil.

During the past 12 months, Advantagewon Oil's average Total Assets Growth Rate was -89.50% per year. During the past 3 years, the average Total Assets Growth Rate was -62.70% per year. During the past 5 years, the average Total Assets Growth Rate was -59.20% per year.

During the past 7 years, Advantagewon Oil's highest 3-Year average Total Assets Growth Rate was -31.00%. The lowest was -62.70%. And the median was -57.30%.

Total Assets is connected with ROA %. Advantagewon Oil's annualized ROA % for the quarter that ended in Sep. 2023 was -302.96%. Total Assets is also linked to Revenue through Asset Turnover. Advantagewon Oil's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Advantagewon Oil Total Assets Historical Data

The historical data trend for Advantagewon Oil'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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Advantagewon Oil Total Assets Chart

Advantagewon Oil Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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6.70

1.71

0.52

0.80

0.10

Advantagewon Oil Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															0.86	0.88	0.10	0.08	0.09

Advantagewon Oil 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.

Advantagewon Oil'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 )
	=	-0.376	+	0.471
	=	0.10

Advantagewon Oil'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 )
	=	-0.427	+	0.512
	=	0.09

Advantagewon Oil (FRA:AD30) Total Assets Explanation

Total Assets is connected with ROA %.

Advantagewon Oil's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-0.256	/	( (0.083	+	0.086)	/ 2 )
	=	-0.256	/	0.0845
	=	-302.96 %

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.

Advantagewon Oil's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	0	/	( (0.083	+	0.086)	/ 2 )
=	0	/	0.0845
=	0.00

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.

Advantagewon Oil Total Assets Related Terms

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Advantagewon Oil (FRA:AD30) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advantagewon Oil Corp (FRA:AD30) » Definitions » Total Assets

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ANTGF:USA

Address

47 Colborne Street, Suite 307, Toronto, ON, CAN, M5E 1P8

Website

https://www.aoc-oil.com

Advantagewon Oil Corp is a Canada-based oil and gas company. It is engaged in the acquisition, exploration, development, and production of oil and gas reserves in North America. All of the company's revenue is derived from the sale of oil which is produced and sold in Alberta, Canada.

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