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Glori Energy (Glori Energy) Total Assets : $7.51 Mil (As of Dec. 2016)


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What is Glori Energy Total Assets?

Glori Energy's Total Assets for the quarter that ended in Dec. 2016 was $7.51 Mil.

Total Assets is connected with ROA %. Glori Energy's annualized ROA % for the quarter that ended in Dec. 2016 was -163.36%. Total Assets is also linked to Revenue through Asset Turnover. Glori Energy's Asset Turnover for the quarter that ended in Dec. 2016 was 0.10.


Glori Energy Total Assets Historical Data

The historical data trend for Glori 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.

Glori Energy Total Assets Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Total Assets
0.06 46.41 46.07 22.04 7.51

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 22.04 16.70 13.50 11.09 7.51

Glori 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.

Glori Energy's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=-5.839+13.345
=7.51

Glori Energy's Total Assets for the quarter that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (Q: Dec. 2016 )+Total Liabilities (Q: Dec. 2016 )
=-5.839+13.345
=7.51

* 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.


Glori Energy  (OTCPK:GLRI) Total Assets Explanation

Total Assets is connected with ROA %.

Glori Energy's annualized ROA % for the quarter that ended in Dec. 2016 is

ROA %=Net Income (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=-15.192/( (11.093+7.506)/ 2 )
=-15.192/9.2995
=-163.36 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) 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.

Glori Energy's Asset Turnover for the quarter that ended in Dec. 2016 is

Asset Turnover
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=0.945/( (11.093+7.506)/ 2 )
=0.945/9.2995
=0.10

* 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.

Glori Energy Total Assets Related Terms

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Glori Energy (Glori Energy) Business Description

Traded in Other Exchanges
N/A
Address
4315 South Drive, Houston, TX, USA, 77053
Glori Energy Inc is a development stage company.
Executives
Eric C Neuman director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ganesh Kishore director 11966 SACKSTON RIDGE DR, CREECE COCUR MO 63191
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
James C. Musselman director 4315 SOUTH DRIVE, HOUSTON TX 77053
Jonathan Fleming 10 percent owner 222 BERKELEY STREET, BOSTON MA 02116
Thomas O Hicks director 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
Michael Schulhof director

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