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Lakes Blue Energy NL (FRA:LKS) Total Assets : €10.62 Mil (As of Dec. 2022)


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What is Lakes Blue Energy NL Total Assets?

Lakes Blue Energy NL's Total Assets for the quarter that ended in Dec. 2022 was €10.62 Mil.

During the past 12 months, Lakes Blue Energy NL's average Total Assets Growth Rate was 4.20% per year. During the past 3 years, the average Total Assets Growth Rate was -15.00% per year. During the past 5 years, the average Total Assets Growth Rate was -0.20% per year. During the past 10 years, the average Total Assets Growth Rate was -10.00% per year.

During the past 13 years, Lakes Blue Energy NL's highest 3-Year average Total Assets Growth Rate was 123.80%. The lowest was -57.30%. And the median was 11.15%.

Total Assets is connected with ROA %. Lakes Blue Energy NL's annualized ROA % for the quarter that ended in Dec. 2022 was -18.59%. Total Assets is also linked to Revenue through Asset Turnover. Lakes Blue Energy NL's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.


Lakes Blue Energy NL Total Assets Historical Data

The historical data trend for Lakes Blue Energy NL'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.

Lakes Blue Energy NL Total Assets Chart

Lakes Blue Energy NL Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.82 15.22 15.63 11.28 9.81

Lakes Blue Energy NL Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 15.63 16.10 11.28 10.62 9.81

Lakes Blue Energy NL 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.

Lakes Blue Energy NL's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=8.5+1.315
=9.82

Lakes Blue Energy NL's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=3.78+6.841
=10.62

* 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.


Lakes Blue Energy NL  (FRA:LKS) Total Assets Explanation

Total Assets is connected with ROA %.

Lakes Blue Energy NL's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=-2.036/( (11.282+10.622)/ 2 )
=-2.036/10.952
=-18.59 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2022) 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.

Lakes Blue Energy NL's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (11.282+10.622)/ 2 )
=0/10.952
=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.

Lakes Blue Energy NL Total Assets Related Terms

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Lakes Blue Energy NL (FRA:LKS) Business Description

Traded in Other Exchanges
N/A
Address
24-26 Kent Street, Millers Point, NSW, AUS, 2000
Lakes Blue Energy NL is engaged in the operation and exploration of oil and gas reserves principally in Australia on-shore (Victoria, South Australia, and Queensland), Papua New Guinea (PNG), and the United States of America (USA).

Lakes Blue Energy NL (FRA:LKS) Headlines

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