GSPBQ.PFD (Gastar Exploration) Total Assets : $335.25 Mil (As of Sep. 2018)

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What is Gastar Exploration Total Assets?

Gastar Exploration's Total Assets for the quarter that ended in Sep. 2018 was $335.25 Mil.

During the past 12 months, Gastar Exploration's average Total Assets Growth Rate was -7.00% per year. During the past 3 years, the average Total Assets Growth Rate was -21.70% per year. During the past 5 years, the average Total Assets Growth Rate was -5.70% per year.

During the past 8 years, Gastar Exploration's highest 3-Year average Total Assets Growth Rate was 33.20%. The lowest was 0.00%. And the median was -21.70%.

Total Assets is connected with ROA %. Gastar Exploration's annualized ROA % for the quarter that ended in Sep. 2018 was -20.79%. Total Assets is also linked to Revenue through Asset Turnover. Gastar Exploration's Asset Turnover for the quarter that ended in Sep. 2018 was 0.06.

Gastar Exploration Total Assets Historical Data

The historical data trend for Gastar 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.

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Gastar Exploration Total Assets Chart

Gastar Exploration Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Assets

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589.94

775.79

429.50

300.20

380.12

Gastar Exploration Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Total Assets	Get a 7-Day Free Trial															370.81	380.12	377.09	339.20	335.25

Gastar 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.

Gastar Exploration's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets	=	Total Equity (A: Dec. 2017 )	+	Total Liabilities (A: Dec. 2017 )
	=	-31.828	+	411.951
	=	380.12

Gastar Exploration's Total Assets for the quarter that ended in Sep. 2018 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2018 )	+	Total Liabilities (Q: Sep. 2018 )
	=	-112.28	+	447.533
	=	335.25

Gastar Exploration (OTCPK:GSPBQ.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Gastar Exploration's annualized ROA % for the quarter that ended in Sep. 2018 is

ROA %	=	Net Income (Q: Sep. 2018 )	/	( (Total Assets (Q: Jun. 2018 )	+	Total Assets (Q: Sep. 2018 ))	/ count )
	=	-70.108	/	( (339.203	+	335.253)	/ 2 )
	=	-70.108	/	337.228
	=	-20.79 %

Note: The Net Income data used here is four times the quarterly (Sep. 2018) 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.

Gastar Exploration's Asset Turnover for the quarter that ended in Sep. 2018 is

	Asset Turnover
=	Revenue (Q: Sep. 2018 )	/	( (Total Assets (Q: Jun. 2018 )	+	Total Assets (Q: Sep. 2018 ))	/ count )
=	18.589	/	( (339.203	+	335.253)	/ 2 )
=	18.589	/	337.228
=	0.06

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.

Gastar Exploration Total Assets Related Terms

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Gastar Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gastar Exploration Inc (OTCPK:GSPBQ.PFD) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

1331 Lamar Street, Suite 650, Houston, TX, USA, 77010

Website

http://www.gastar.com

Gastar Exploration Inc is a Mid-Continent independent energy company which is engaged in the exploration, development, and production of oil, condensate, natural gas, and NGLs (natural gas liquids). The principal business activities of the company include the identification, acquisition, and subsequent exploration and development of oil and natural gas properties with an emphasis on unconventional reserves, such as shale resource plays. The company's exploration properties consist primarily of oil and natural gas leases in the Mid-Continent area of the U.S. in Oklahoma. Gastar operates through a single segment being Exploration and production of oil, condensate, and natural gas.