Magnus Energy Group (HAM:SHH1) Total Assets : €5.60 Mil (As of Dec. 2021)

View and export this data going back to 2015. Start your Free Trial

What is Magnus Energy Group Total Assets?

Magnus Energy Group's Total Assets for the quarter that ended in Dec. 2021 was €5.60 Mil.

During the past 12 months, Magnus Energy Group's average Total Assets Growth Rate was -9.10% per year. During the past 3 years, the average Total Assets Growth Rate was -29.60% per year. During the past 5 years, the average Total Assets Growth Rate was -26.00% per year. During the past 10 years, the average Total Assets Growth Rate was -16.10% per year.

During the past 13 years, Magnus Energy Group's highest 3-Year average Total Assets Growth Rate was 13.70%. The lowest was -32.50%. And the median was -18.20%.

Total Assets is connected with ROA %. Magnus Energy Group's annualized ROA % for the quarter that ended in Dec. 2021 was -42.01%. Total Assets is also linked to Revenue through Asset Turnover. Magnus Energy Group's Asset Turnover for the quarter that ended in Dec. 2021 was 0.39.

Magnus Energy Group Total Assets Historical Data

The historical data trend for Magnus Energy Group'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.

Magnus Energy Group Total Assets Chart

Magnus Energy Group Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Total Assets

Get a 7-Day Free Trial

36.82

28.63

23.74

10.76

7.26

Magnus Energy Group Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21
Total Assets	Get a 7-Day Free Trial															6.89	6.02	6.22	5.98	5.60

Magnus Energy Group 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.

Magnus Energy Group's Total Assets for the fiscal year that ended in Jun. 2020 is calculated as

Total Assets	=	Total Equity (A: Jun. 2020 )	+	Total Liabilities (A: Jun. 2020 )
	=	4.617	+	2.645
	=	7.26

Magnus Energy Group's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2021 )	+	Total Liabilities (Q: Dec. 2021 )
	=	2.056	+	3.545
	=	5.60

Magnus Energy Group (HAM:SHH1) Total Assets Explanation

Total Assets is connected with ROA %.

Magnus Energy Group's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %	=	Net Income (Q: Dec. 2021 )	/	( (Total Assets (Q: Sep. 2021 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
	=	-2.432	/	( (5.976	+	5.602)	/ 2 )
	=	-2.432	/	5.789
	=	-42.01 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) 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.

Magnus Energy Group's Asset Turnover for the quarter that ended in Dec. 2021 is

	Asset Turnover
=	Revenue (Q: Dec. 2021 )	/	( (Total Assets (Q: Sep. 2021 )	+	Total Assets (Q: Dec. 2021 ))	/ count )
=	2.286	/	( (5.976	+	5.602)	/ 2 )
=	2.286	/	5.789
=	0.39

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.

Magnus Energy Group Total Assets Related Terms

Thank you for viewing the detailed overview of Magnus Energy Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Magnus Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magnus Energy Group Ltd (HAM:SHH1) » Definitions » Total Assets

Comparable Companies

SGX:EB7 SGX:5OR SGX:42D SGX:557 SGX:578 SGX:5PL SGX:BLZ SGX:RF7 SGX:5G2 SGX:BDU SGX:M05 SGX:5NF SGX:5QT SGX:BLH SGX:BTP SGX:IX2 SGX:C13 SGX:5ME

Traded in Other Exchanges

N/A

Address

30 Cecil Street, No 19-08, Prudential Tower, Singapore, SGP, 049712

Website

https://www.magnusenergy.com.sg

Magnus Energy Group Ltd through its subsidiaries is engaged in the distribution of oil and gas equipment and trades renewable energy and natural resources. The company reportable segments are Oilfield equipment supply and services, Waste water treatment, Renewable energy, Drilling services, EPCC services and Investment holding.. It generates maximum revenue from Oilfield equipment supply and services segment. The company operates in Singapore, Australia, Malaysia, Indonesia, United States of America, United Arab Emirates and others.

Magnus Energy Group Headlines

No Headlines