FTXP (Foothills Exploration) Total Assets: $13.49 Mil (As of Sep. 2019)


What is Foothills Exploration Total Assets?

Foothills Exploration FTXP -99.00% Total Assets is $13.49 Mil as of Sep. 2019.

Foothills Exploration's Total Assets for the quarter that ended in Sep. 2019 was $13.49 Mil.

Total Assets is connected with ROA %. Foothills Exploration's annualized ROA % for the quarter that ended in Sep. 2019 was 22.80%. Total Assets is also linked to Revenue through Asset Turnover. Foothills Exploration's Asset Turnover for the quarter that ended in Sep. 2019 was 0.01.

Foothills Exploration  (OTCPK:FTXP) Total Assets Explanation

Total Assets is connected with ROA %.

Foothills Exploration's annualized ROA % for the quarter that ended in Sep. 2019 is

ROA %=Net Income (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=3.092/( (13.631+13.489)/ 2 )
=3.092/13.56
=22.80 %

Note: The Net Income data used here is four times the quarterly (Sep. 2019) 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.

Foothills Exploration's Asset Turnover for the quarter that ended in Sep. 2019 is

Asset Turnover
=Revenue (Q: Sep. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Sep. 2019 ))/ count )
=0.16/( (13.631+13.489)/ 2 )
=0.16/13.56
=0.01

* 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.

Foothills Exploration Total Assets Related Terms

Foothills Exploration Total Assets Historical Data

* Premium members only.

The historical data trend for Foothills Exploration'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.

Foothills Exploration Total Assets Chart

Foothills Exploration Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial 0.00 0.64 12.94 13.85 12.72

Foothills Exploration Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 15.05 12.72 14.16 13.63 13.49

Foothills Exploration 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.

Foothills Exploration's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=-3.879+16.595
=12.72

Foothills Exploration's Total Assets for the quarter that ended in Sep. 2019 is calculated as

Total Assets=Total Equity (Q: Sep. 2019 )+Total Liabilities (Q: Sep. 2019 )
=-10.11+23.599
=13.49

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $13.49 Mil mean?
Foothills Exploration (FTXP) has a Total Assets of $13.49 Mil as of Sep. 2019. The total amount of assets as recorded on a company's balance sheet. View historical data on Foothills Exploration and its competitors.
Is Foothills Exploration's Total Assets too high?
Foothills Exploration's current Total Assets is $13.49 Mil.
How does Foothills Exploration's Total Assets compare to CNRR and GBR?
Foothills Exploration's Total Assets of $13.49 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Foothills Exploration and its competitors. Foothills Exploration's current Total Assets is $13.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foothills Exploration stock overvalued right now?
Foothills Exploration (FTXP) has a current Total Assets of $13.49 Mil. The current Total Assets is $13.49 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Foothills Exploration (FTXP), the current Total Assets is $13.49 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Foothills Exploration Business Description

Industry EnergyOil & Gas
Address 2660 Townsgate Road, Suite 800, Westlake Village, CA, USA, 91361
Foothills Exploration Inc is an independent oil and gas exploration and production company. It engages in the acquisition and development of oil and natural gas properties. The firm is actively focused on acquiring producing and developmental properties in the Rockies and Gulf Coast regions. Its projects include Wind River Basin, Stagecoach Project, and Altamont-Bluebell Project.