Riley Exploration Permian (FRA:T7U) Total Assets : €879.9 Mil (As of Mar. 2024)

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What is Riley Exploration Permian Total Assets?

Riley Exploration Permian's Total Assets for the quarter that ended in Mar. 2024 was €879.9 Mil.

Warning Sign:

If a company builds assets at 240.2% a year, faster than its revenue growth rate of 31.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Riley Exploration Permian's average Total Assets Growth Rate was 65.80% per year. During the past 3 years, the average Total Assets Growth Rate was 525.00% per year. During the past 5 years, the average Total Assets Growth Rate was 240.20% per year. During the past 10 years, the average Total Assets Growth Rate was 37.00% per year.

During the past 13 years, Riley Exploration Permian's highest 3-Year average Total Assets Growth Rate was 525.00%. The lowest was -40.20%. And the median was 2.90%.

Total Assets is connected with ROA %. Riley Exploration Permian's annualized ROA % for the quarter that ended in Mar. 2024 was 7.90%. Total Assets is also linked to Revenue through Asset Turnover. Riley Exploration Permian's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Riley Exploration Permian Total Assets Historical Data

The historical data trend for Riley Exploration Permian'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.

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Riley Exploration Permian Total Assets Chart

Riley Exploration Permian Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Sep21

Dec22

Dec23

Total Assets

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8.03

4.42

330.00

486.44

867.22

Riley Exploration Permian 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															537.18	860.17	893.19	867.22	879.86

Riley Exploration Permian 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.

Riley Exploration Permian'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 )
	=	386.603	+	480.614
	=	867.2

Riley Exploration Permian'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 )
	=	399.841	+	480.016
	=	879.9

Riley Exploration Permian (FRA:T7U) Total Assets Explanation

Total Assets is connected with ROA %.

Riley Exploration Permian'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 )
	=	69.028	/	( (867.217	+	879.857)	/ 2 )
	=	69.028	/	873.537
	=	7.90 %

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.

Riley Exploration Permian'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 )
=	91.764	/	( (867.217	+	879.857)	/ 2 )
=	91.764	/	873.537
=	0.11

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.

Riley Exploration Permian Total Assets Related Terms

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Riley Exploration Permian (FRA:T7U) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Riley Exploration Permian Inc (FRA:T7U) » Definitions » Total Assets

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REPX:USA

Address

29 E. Reno Avenue, Suite 500, Oklahoma City, OK, USA, 73104

Website

https://www.rileypermian.com

Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, Tennessee Properties, among others.

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