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Petroteq Energy (FRA:PQCF) Total Assets : €76.77 Mil (As of May. 2022)


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What is Petroteq Energy Total Assets?

Petroteq Energy's Total Assets for the quarter that ended in May. 2022 was €76.77 Mil.

Total Assets is connected with ROA %. Petroteq Energy's annualized ROA % for the quarter that ended in May. 2022 was -45.70%. Total Assets is also linked to Revenue through Asset Turnover. Petroteq Energy's Asset Turnover for the quarter that ended in May. 2022 was 0.00.


Petroteq Energy Total Assets Historical Data

The historical data trend for Petroteq Energy'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.

Petroteq Energy Total Assets Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.52 33.86 65.50 62.23 68.88

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 65.10 68.88 69.90 73.30 76.77

Petroteq Energy 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.

Petroteq Energy's Total Assets for the fiscal year that ended in Aug. 2021 is calculated as

Total Assets=Total Equity (A: Aug. 2021 )+Total Liabilities (A: Aug. 2021 )
=56.23+12.65
=68.88

Petroteq Energy's Total Assets for the quarter that ended in May. 2022 is calculated as

Total Assets=Total Equity (Q: May. 2022 )+Total Liabilities (Q: May. 2022 )
=66.798+9.974
=76.77

* 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.


Petroteq Energy  (FRA:PQCF) Total Assets Explanation

Total Assets is connected with ROA %.

Petroteq Energy's annualized ROA % for the quarter that ended in May. 2022 is

ROA %=Net Income (Q: May. 2022 )/( (Total Assets (Q: Feb. 2022 )+Total Assets (Q: May. 2022 ))/ count )
=-34.288/( (73.299+76.772)/ 2 )
=-34.288/75.0355
=-45.70 %

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

Petroteq Energy's Asset Turnover for the quarter that ended in May. 2022 is

Asset Turnover
=Revenue (Q: May. 2022 )/( (Total Assets (Q: Feb. 2022 )+Total Assets (Q: May. 2022 ))/ count )
=0/( (73.299+76.772)/ 2 )
=0/75.0355
=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.

Petroteq Energy Total Assets Related Terms

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Petroteq Energy (FRA:PQCF) Business Description

Traded in Other Exchanges
N/A
Address
15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.

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