Attis Oil & Gas (LSE:AOGL) Total Assets: £0.96 Mil (As of Jun. 2020)


What is Attis Oil & Gas Total Assets?

Attis Oil & Gas LSE:AOGL Total Assets is £0.96 Mil as of Jun. 2020. The stock has 6 warning signs investors should review.

Attis Oil & Gas's Total Assets for the quarter that ended in Jun. 2020 was £0.96 Mil.

During the past 12 months, Attis Oil & Gas's average Total Assets Growth Rate was -83.80% per year. During the past 3 years, the average Total Assets Growth Rate was -31.60% per year. During the past 5 years, the average Total Assets Growth Rate was -27.90% per year.

During the past 9 years, Attis Oil & Gas's highest 3-Year average Total Assets Growth Rate was 758.40%. The lowest was -39.10%. And the median was -27.70%.

Total Assets is connected with ROA %. Attis Oil & Gas's annualized ROA % for the quarter that ended in Jun. 2020 was -0.43%. Total Assets is also linked to Revenue through Asset Turnover. Attis Oil & Gas's Asset Turnover for the quarter that ended in Jun. 2020 was 0.00.

Attis Oil & Gas  (LSE:AOGL) Total Assets Explanation

Total Assets is connected with ROA %.

Attis Oil & Gas's annualized ROA % for the quarter that ended in Jun. 2020 is

ROA %=Net Income (Q: Jun. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Jun. 2020 ))/ count )
=-0.004/( (0.906+0.962)/ 2 )
=-0.004/0.934
=-0.43 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Attis Oil & Gas's Asset Turnover for the quarter that ended in Jun. 2020 is

Asset Turnover
=Revenue (Q: Jun. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Jun. 2020 ))/ count )
=0/( (0.906+0.962)/ 2 )
=0/0.934
=0.00

* 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.

Attis Oil & Gas Total Assets Related Terms

Attis Oil & Gas Total Assets Historical Data

* Premium members only.

The historical data trend for Attis 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.

Attis Oil & Gas Total Assets Chart

Attis Oil & Gas Annual Data
Trend Apr11 Apr12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only 4.71 2.49 2.79 1.68 0.91

Attis Oil & Gas Semi-Annual Data
Apr11 Apr12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 3.28 1.68 4.00 0.91 0.96

Attis 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.

Attis Oil & Gas's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=-0.795+1.701
=0.91

Attis Oil & Gas's Total Assets for the quarter that ended in Jun. 2020 is calculated as

Total Assets=Total Equity (Q: Jun. 2020 )+Total Liabilities (Q: Jun. 2020 )
=-0.083+1.045
=0.96

* 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 £0.96 Mil mean?
Attis Oil & Gas (LSE:AOGL) has a Total Assets of £0.96 Mil as of Jun. 2020. The total amount of assets as recorded on a company's balance sheet. View historical data on Attis Oil & Gas and its competitors.
Is Attis Oil & Gas' Total Assets too high?
Attis Oil & Gas' current Total Assets is £0.96 Mil.
How does Attis Oil & Gas' Total Assets compare to VKIN?
Attis Oil & Gas' Total Assets of £0.96 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 Attis Oil & Gas and its competitors. Attis Oil & Gas's current Total Assets is £0.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attis Oil & Gas stock overvalued right now?
Attis Oil & Gas (LSE:AOGL) has a current Total Assets of £0.96 Mil. The current Total Assets is £0.96 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 Attis Oil & Gas (LSE:AOGL), the current Total Assets is £0.96 Mil as of Jun. 2020. 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.

Attis Oil & Gas Business Description

Industry EnergyOil & Gas
Address Wickhams Cay II, 6th Floor, Ritter House, Tortola, Road Town, VGB, VG 1110
Attis Oil & Gas Ltd is an energy company involved in pursuing a recovery oil strategy focused on re-stimulating wells within mature producing basins.