IXOG (Index Oil & Gas) Total Assets: $6.99 Mil (As of Mar. 2009)


What is Index Oil & Gas Total Assets?

Index Oil & Gas IXOG -99.86% Total Assets is $6.99 Mil as of Mar. 2009.

Index Oil & Gas's Total Assets for the quarter that ended in Mar. 2009 was $6.99 Mil.

Total Assets is connected with ROA %. Index Oil & Gas's annualized ROA % for the quarter that ended in Mar. 2009 was -69.03%. Total Assets is also linked to Revenue through Asset Turnover. Index Oil & Gas's Asset Turnover for the quarter that ended in Mar. 2009 was 0.04.

Index Oil & Gas  (OTCPK:IXOG) Total Assets Explanation

Total Assets is connected with ROA %.

Index Oil & Gas's annualized ROA % for the quarter that ended in Mar. 2009 is

ROA %=Net Income (Q: Mar. 2009 )/( (Total Assets (Q: Dec. 2008 )+Total Assets (Q: Mar. 2009 ))/ count )
=-5/( (7.492+6.994)/ 2 )
=-5/7.243
=-69.03 %

Note: The Net Income data used here is four times the quarterly (Mar. 2009) 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.

Index Oil & Gas's Asset Turnover for the quarter that ended in Mar. 2009 is

Asset Turnover
=Revenue (Q: Mar. 2009 )/( (Total Assets (Q: Dec. 2008 )+Total Assets (Q: Mar. 2009 ))/ count )
=0.261/( (7.492+6.994)/ 2 )
=0.261/7.243
=0.04

* 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.

Index Oil & Gas Total Assets Related Terms

Index Oil & Gas Total Assets Historical Data

* Premium members only.

The historical data trend for Index Oil & Gas'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.

Index Oil & Gas Total Assets Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Total Assets
Get a 7-Day Free Trial 0.42 6.52 15.18 16.18 6.99

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 16.18 15.22 11.89 7.49 6.99

Index Oil & Gas 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.

Index Oil & Gas's Total Assets for the fiscal year that ended in Mar. 2009 is calculated as

Total Assets=Total Equity (A: Mar. 2009 )+Total Liabilities (A: Mar. 2009 )
=5.874+1.12
=6.99

Index Oil & Gas's Total Assets for the quarter that ended in Mar. 2009 is calculated as

Total Assets=Total Equity (Q: Mar. 2009 )+Total Liabilities (Q: Mar. 2009 )
=5.874+1.12
=6.99

* 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 $6.99 Mil mean?
Index Oil & Gas (IXOG) has a Total Assets of $6.99 Mil as of Mar. 2009. The total amount of assets as recorded on a company's balance sheet. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Total Assets too high?
Index Oil & Gas' current Total Assets is $6.99 Mil.
How does Index Oil & Gas' Total Assets compare to FPPP and UNGS?
Index Oil & Gas' Total Assets of $6.99 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 Index Oil & Gas and its competitors. Index Oil & Gas's current Total Assets is $6.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Total Assets of $6.99 Mil. The current Total Assets is $6.99 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 Index Oil & Gas (IXOG), the current Total Assets is $6.99 Mil as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.