Enfield Exploration (FRA:EE0) Total Assets: €0.01 Mil (As of Jul. 2016)


What is Enfield Exploration Total Assets?

Enfield Exploration FRA:EE0 Total Assets is €0.01 Mil as of Jul. 2016. The stock has 2 warning signs investors should review.

Enfield Exploration's Total Assets for the quarter that ended in Jul. 2016 was €0.01 Mil.

Total Assets is connected with ROA %. Enfield Exploration's annualized ROA % for the quarter that ended in Jul. 2016 was -145.45%. Total Assets is also linked to Revenue through Asset Turnover. Enfield Exploration's Asset Turnover for the quarter that ended in Jul. 2016 was 0.00.

Enfield Exploration  (FRA:EE0) Total Assets Explanation

Total Assets is connected with ROA %.

Enfield Exploration's annualized ROA % for the quarter that ended in Jul. 2016 is

ROA %=Net Income (Q: Jul. 2016 )/( (Total Assets (Q: Apr. 2016 )+Total Assets (Q: Jul. 2016 ))/ count )
=-0.008/( (0.005+0.006)/ 2 )
=-0.008/0.0055
=-145.45 %

Note: The Net Income data used here is four times the quarterly (Jul. 2016) 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.

Enfield Exploration's Asset Turnover for the quarter that ended in Jul. 2016 is

Asset Turnover
=Revenue (Q: Jul. 2016 )/( (Total Assets (Q: Apr. 2016 )+Total Assets (Q: Jul. 2016 ))/ count )
=0/( (0.005+0.006)/ 2 )
=0/0.0055
=0.00

* 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.

Enfield Exploration Total Assets Related Terms

Enfield Exploration Total Assets Historical Data

* Premium members only.

The historical data trend for Enfield 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.

Enfield Exploration Total Assets Chart

Enfield Exploration Annual Data
Trend Oct13 Oct14 Oct15
Total Assets
0.09 0.01 0.01

Enfield Exploration Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Enfield 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.

Enfield Exploration's Total Assets for the fiscal year that ended in Oct. 2015 is calculated as

Total Assets=Total Equity (A: Oct. 2015 )+Total Liabilities (A: Oct. 2015 )
=-0.128+0.133
=0.01

Enfield Exploration's Total Assets for the quarter that ended in Jul. 2016 is calculated as

Total Assets=Total Equity (Q: Jul. 2016 )+Total Liabilities (Q: Jul. 2016 )
=-0.144+0.15
=0.01

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of €0.01 Mil mean?
Enfield Exploration (FRA:EE0) has a Total Assets of €0.01 Mil as of Jul. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on Enfield Exploration and its competitors.
Is Enfield Exploration's Total Assets too high?
Enfield Exploration's current Total Assets is €0.01 Mil.
How does Enfield Exploration's Total Assets compare to EUENF and ATLS?
Enfield Exploration's Total Assets of €0.01 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 Enfield Exploration and its competitors. Enfield Exploration's current Total Assets is €0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enfield Exploration stock overvalued right now?
Enfield Exploration (FRA:EE0) has a current Total Assets of €0.01 Mil. The current Total Assets is €0.01 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 Enfield Exploration (FRA:EE0), the current Total Assets is €0.01 Mil as of Jul. 2016. 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.

Enfield Exploration Business Description

Industry EnergyOil & Gas
Enfield Exploration Corp was incorporated on November 1, 2013. The Company is engaged in the acquisition, exploration and development of mineral resources with the current focus being nickel resources in Whitehorse, Yukon Territory.