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Golden Energy Offshore Services ASA (FRA:J9X0) Total Assets : €135.50 Mil (As of Dec. 2023)


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What is Golden Energy Offshore Services ASA Total Assets?

Golden Energy Offshore Services ASA's Total Assets for the quarter that ended in Dec. 2023 was €135.50 Mil.

During the past 12 months, Golden Energy Offshore Services ASA's average Total Assets Growth Rate was 169.70% per year. During the past 3 years, the average Total Assets Growth Rate was 47.60% per year. During the past 5 years, the average Total Assets Growth Rate was 27.60% per year.

During the past 10 years, Golden Energy Offshore Services ASA's highest 3-Year average Total Assets Growth Rate was 47.60%. The lowest was -20.60%. And the median was 20.00%.

Total Assets is connected with ROA %. Golden Energy Offshore Services ASA's annualized ROA % for the quarter that ended in Dec. 2023 was 14.73%. Total Assets is also linked to Revenue through Asset Turnover. Golden Energy Offshore Services ASA's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.


Golden Energy Offshore Services ASA Total Assets Historical Data

The historical data trend for Golden Energy Offshore Services ASA'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.

Golden Energy Offshore Services ASA Total Assets Chart

Golden Energy Offshore Services ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.73 44.65 46.38 53.99 135.50

Golden Energy Offshore Services ASA Quarterly Data
Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 53.99 44.74 48.68 76.25 135.50

Golden Energy Offshore Services ASA 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.

Golden Energy Offshore Services ASA'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 )
=46.025+89.479
=135.50

Golden Energy Offshore Services ASA's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=46.025+89.479
=135.50

* 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.


Golden Energy Offshore Services ASA  (FRA:J9X0) Total Assets Explanation

Total Assets is connected with ROA %.

Golden Energy Offshore Services ASA's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=15.592/( (76.245+135.504)/ 2 )
=15.592/105.8745
=14.73 %

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

Golden Energy Offshore Services ASA's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=6.993/( (76.245+135.504)/ 2 )
=6.993/105.8745
=0.07

* 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.

Golden Energy Offshore Services ASA Total Assets Related Terms

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Golden Energy Offshore Services ASA (FRA:J9X0) Business Description

Traded in Other Exchanges
Address
St Olavs Plass 1, Alesund, NOR, 6002
Golden Energy Offshore Services AS is a shipowner and operator of modern and high-spec offshore service vessels for the oil and gas service industry. The company's fleet includes Energy Empress, Larissa, and many more. Geographically, it derives a majority of its revenue from Europe.

Golden Energy Offshore Services ASA (FRA:J9X0) Headlines

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