Arrow Exploration (LSE:AXL) Total Assets : £55.59 Mil (As of Sep. 2024)

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What is Arrow Exploration Total Assets?

Arrow Exploration's Total Assets for the quarter that ended in Sep. 2024 was £55.59 Mil.

During the past 12 months, Arrow Exploration's average Total Assets Growth Rate was 14.40% per year. During the past 3 years, the average Total Assets Growth Rate was 33.50% per year. During the past 5 years, the average Total Assets Growth Rate was -9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 26.70% per year.

During the past 13 years, Arrow Exploration's highest 3-Year average Total Assets Growth Rate was 1245.80%. The lowest was -56.30%. And the median was 40.15%.

Total Assets is connected with ROA %. Arrow Exploration's annualized ROA % for the quarter that ended in Sep. 2024 was 37.02%. Total Assets is also linked to Revenue through Asset Turnover. Arrow Exploration's Asset Turnover for the quarter that ended in Sep. 2024 was 0.33.

Arrow Exploration Total Assets Historical Data

The historical data trend for Arrow 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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Arrow Exploration Total Assets Chart

Arrow Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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55.51

24.95

30.98

43.67

49.20

Arrow Exploration Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															50.71	49.20	50.82	53.34	55.59

Arrow 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.

Arrow Exploration's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	32.793	+	16.405
	=	49.20

Arrow Exploration'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 )
	=	40.088	+	15.504
	=	55.59

Arrow Exploration (LSE:AXL) Total Assets Explanation

Total Assets is connected with ROA %.

Arrow Exploration's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	20.164	/	( (53.342	+	55.592)	/ 2 )
	=	20.164	/	54.467
	=	37.02 %

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.

Arrow Exploration's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	18.168	/	( (53.342	+	55.592)	/ 2 )
=	18.168	/	54.467
=	0.33

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.

Arrow Exploration Total Assets Related Terms

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Arrow Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arrow Exploration Corp (LSE:AXL) » Definitions » Total Assets

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CSTPF:USA AXL:Canada

Address

333 - 11th Avenue SW, 1430, Calgary, AB, CAN, T2R 1L9

Website

https://www.arrowexploration.ca

Arrow Exploration Corp is engaged in oil exploration, development and production, and the acquisition of oil and gas properties. The company operates in Colombia and Western Canada. Some of the company's assets are Tapir Block and Santa Isabel. The Canada segment of the company is referred to as Corporate Segment. The company's revenues are majorly derived from Oil Sales.