Source Energy Services (FRA:S4O0) Total Assets : €353.8 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Source Energy Services Total Assets?

Source Energy Services's Total Assets for the quarter that ended in Mar. 2024 was €353.8 Mil.

During the past 12 months, Source Energy Services's average Total Assets Growth Rate was 55.30% per year. During the past 3 years, the average Total Assets Growth Rate was 21.90% per year. During the past 5 years, the average Total Assets Growth Rate was -4.40% per year.

During the past 10 years, Source Energy Services's highest 3-Year average Total Assets Growth Rate was 34.70%. The lowest was -19.80%. And the median was 21.90%.

Total Assets is connected with ROA %. Source Energy Services's annualized ROA % for the quarter that ended in Mar. 2024 was 1.51%. Total Assets is also linked to Revenue through Asset Turnover. Source Energy Services's Asset Turnover for the quarter that ended in Mar. 2024 was 0.34.

Source Energy Services Total Assets Historical Data

The historical data trend for Source Energy Services'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.

Source Energy Services Total Assets Chart

Source Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

339.43

170.87

183.94

227.16

330.02

Source Energy Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															228.83	225.27	222.85	330.02	353.84

Source Energy Services 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.

Source Energy Services'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 )
	=	115.602	+	214.418
	=	330.0

Source Energy Services's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	118.403	+	235.433
	=	353.8

Source Energy Services (FRA:S4O0) Total Assets Explanation

Total Assets is connected with ROA %.

Source Energy Services's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	5.148	/	( (330.02	+	353.836)	/ 2 )
	=	5.148	/	341.928
	=	1.51 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Source Energy Services's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	115.25	/	( (330.02	+	353.836)	/ 2 )
=	115.25	/	341.928
=	0.34

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.

Source Energy Services Total Assets Related Terms

Thank you for viewing the detailed overview of Source Energy Services's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Source Energy Services (FRA:S4O0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Source Energy Services Ltd (FRA:S4O0) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SCEYF:USA SHLE:Canada

Address

500, 1060 - 7th Street SW, Calgary, AB, CAN, T2R 0C4

Website

https://www.sourceenergyservices.com

Source Energy Services Ltd is a Canada based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system. The geographical segments of the group are the US Operations and Canadian Operations.

Source Energy Services (FRA:S4O0) Headlines

No Headlines