Golar LNG Partners LP (Golar LNG Partners LP) Total Assets : $2,027.66 Mil (As of Dec. 2020)

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What is Golar LNG Partners LP Total Assets?

Golar LNG Partners LP's Total Assets for the quarter that ended in Dec. 2020 was $2,027.66 Mil.

During the past 12 months, Golar LNG Partners LP's average Total Assets Growth Rate was -12.20% per year. During the past 3 years, the average Total Assets Growth Rate was -4.10% per year. During the past 5 years, the average Total Assets Growth Rate was -3.90% per year. During the past 10 years, the average Total Assets Growth Rate was 9.10% per year.

During the past 12 years, Golar LNG Partners LP's highest 3-Year average Total Assets Growth Rate was 22.30%. The lowest was -4.10%. And the median was 12.60%.

Total Assets is connected with ROA %. Golar LNG Partners LP's annualized ROA % for the quarter that ended in Dec. 2020 was 4.07%. Total Assets is also linked to Revenue through Asset Turnover. Golar LNG Partners LP's Asset Turnover for the quarter that ended in Dec. 2020 was 0.04.

Golar LNG Partners LP Total Assets Historical Data

The historical data trend for Golar LNG Partners LP'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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Golar LNG Partners LP Total Assets Chart

Golar LNG Partners LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Assets

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2,252.71

2,427.37

2,240.82

2,105.61

2,027.66

Golar LNG Partners LP Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Total Assets	Get a 7-Day Free Trial															2,105.61	2,065.32	2,050.91	2,041.21	2,027.66

Golar LNG Partners LP 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.

Golar LNG Partners LP's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	625.321	+	1402.34
	=	2,027.66

Golar LNG Partners LP's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2020 )	+	Total Liabilities (Q: Dec. 2020 )
	=	625.321	+	1402.34
	=	2,027.66

Golar LNG Partners LP (OTCPK:GMLPF.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Golar LNG Partners LP's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %	=	Net Income (Q: Dec. 2020 )	/	( (Total Assets (Q: Sep. 2020 )	+	Total Assets (Q: Dec. 2020 ))	/ count )
	=	82.864	/	( (2041.206	+	2027.661)	/ 2 )
	=	82.864	/	2034.4335
	=	4.07 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) 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.

Golar LNG Partners LP's Asset Turnover for the quarter that ended in Dec. 2020 is

	Asset Turnover
=	Revenue (Q: Dec. 2020 )	/	( (Total Assets (Q: Sep. 2020 )	+	Total Assets (Q: Dec. 2020 ))	/ count )
=	71.692	/	( (2041.206	+	2027.661)	/ 2 )
=	71.692	/	2034.4335
=	0.04

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.

Golar LNG Partners LP Total Assets Related Terms

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Golar LNG Partners LP (Golar LNG Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Partners LP (OTCPK:GMLPF.PFD) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

9 Par-la-Ville Road, 2nd Floor, South East Pearman Building, Hamilton, BMU, HM 11

Website

https://www.golarlngpartners.com

Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The company has three reportable segments: LNG, FSRUs, and FING (floating liquefied natural gas vessel). It generates maximum revenue from the FSRUs segment. Its geographical segments are Brazil, Jordan, Indonesia, Kuwait, and the United Arab Emirates. The company's operational FSRU projects include Golar Spirit, Golar Igloo, Golar Eskimo, Golar Winter, Golar Freeze, and Nusantara Regas Satu.