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Edge Resources (LSE:EDG) Total Assets : £5.06 Mil (As of Dec. 2015)


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What is Edge Resources Total Assets?

Edge Resources's Total Assets for the quarter that ended in Dec. 2015 was £5.06 Mil.

During the past 12 months, Edge Resources's average Total Assets Growth Rate was -71.90% per year. During the past 3 years, the average Total Assets Growth Rate was -4.20% per year. During the past 5 years, the average Total Assets Growth Rate was 47.80% per year.

During the past 10 years, Edge Resources's highest 3-Year average Total Assets Growth Rate was 889.40%. The lowest was -19.90%. And the median was 119.90%.

Total Assets is connected with ROA %. Edge Resources's annualized ROA % for the quarter that ended in Dec. 2015 was -407.06%. Total Assets is also linked to Revenue through Asset Turnover. Edge Resources's Asset Turnover for the quarter that ended in Dec. 2015 was 0.05.


Edge Resources Total Assets Historical Data

The historical data trend for Edge Resources'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.

Edge Resources Total Assets Chart

Edge Resources Annual Data
Trend Mar01 Mar02 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.88 22.89 24.11 21.34 16.70

Edge Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 Premium Member Only Premium Member Only 20.66 16.70 15.77 14.94 5.06

Edge Resources 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.

Edge Resources's Total Assets for the fiscal year that ended in Mar. 2015 is calculated as

Total Assets=Total Equity (A: Mar. 2015 )+Total Liabilities (A: Mar. 2015 )
=1.728+14.968
=16.70

Edge Resources's Total Assets for the quarter that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (Q: Dec. 2015 )+Total Liabilities (Q: Dec. 2015 )
=-9.303+14.36
=5.06

* 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.


Edge Resources  (LSE:EDG) Total Assets Explanation

Total Assets is connected with ROA %.

Edge Resources's annualized ROA % for the quarter that ended in Dec. 2015 is

ROA %=Net Income (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=-40.696/( (14.938+5.057)/ 2 )
=-40.696/9.9975
=-407.06 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) 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.

Edge Resources's Asset Turnover for the quarter that ended in Dec. 2015 is

Asset Turnover
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=0.494/( (14.938+5.057)/ 2 )
=0.494/9.9975
=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.

Edge Resources Total Assets Related Terms

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Edge Resources (LSE:EDG) Business Description

Traded in Other Exchanges
N/A
Address
Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3
Edge Resources Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas in Alberta and Saskatchewan, Canada. Its projects include Grand Forks, Willesden Green North, and Primate.

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