LNGNF (LNG Energy Group) Total Assets: $203.26 Mil (As of Sep. 2024)


What is LNG Energy Group Total Assets?

LNG Energy Group LNGNF -99.99% Total Assets is $203.26 Mil as of Sep. 2024.

LNG Energy Group's Total Assets for the quarter that ended in Sep. 2024 was $203.26 Mil.

Total Assets is connected with ROA %. LNG Energy Group's annualized ROA % for the quarter that ended in Sep. 2024 was -6.00%. Total Assets is also linked to Revenue through Asset Turnover. LNG Energy Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.05.

LNG Energy Group  (OTCPK:LNGNF) Total Assets Explanation

Total Assets is connected with ROA %.

LNG Energy Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-12.52/( (213.823+203.26)/ 2 )
=-12.52/208.5415
=-6.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

LNG Energy Group's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=10.15/( (213.823+203.26)/ 2 )
=10.15/208.5415
=0.05

* 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.

LNG Energy Group Total Assets Related Terms

LNG Energy Group Total Assets Historical Data

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The historical data trend for LNG 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.

LNG Energy Group Total Assets Chart

LNG Energy Group Annual Data
Trend May22 May23
Total Assets
7.10 5.58

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial 2.64 4.88 220.57 213.82 203.26

LNG 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.

LNG Energy Group's Total Assets for the fiscal year that ended in May. 2023 is calculated as

Total Assets=Total Equity (A: May. 2023 )+Total Liabilities (A: May. 2023 )
=5.395+0.188
=5.58

LNG Energy Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=30.594+172.666
=203.26

* 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 $203.26 Mil mean?
LNG Energy Group (LNGNF) has a Total Assets of $203.26 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on LNG Energy Group and its competitors.
Is LNG Energy Group's Total Assets too high?
LNG Energy Group's current Total Assets is $203.26 Mil.
How does LNG Energy Group's Total Assets compare to ALTX and CRCE?
LNG Energy Group's Total Assets of $203.26 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 LNG Energy Group and its competitors. LNG Energy Group's current Total Assets is $203.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (LNGNF) has a current Total Assets of $203.26 Mil. The current Total Assets is $203.26 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 LNG Energy Group (LNGNF), the current Total Assets is $203.26 Mil as of Sep. 2024. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.