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Frontera Resources (LSE:FRR) Total Assets : £17.70 Mil (As of Jun. 2018)


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What is Frontera Resources Total Assets?

Frontera Resources's Total Assets for the quarter that ended in Jun. 2018 was £17.70 Mil.

During the past 12 months, Frontera Resources's average Total Assets Growth Rate was 87.20% per year. During the past 3 years, the average Total Assets Growth Rate was -8.20% per year. During the past 5 years, the average Total Assets Growth Rate was -2.80% per year. During the past 10 years, the average Total Assets Growth Rate was -15.60% per year.

During the past 13 years, Frontera Resources's highest 3-Year average Total Assets Growth Rate was 73.00%. The lowest was -39.90%. And the median was -3.20%.

Total Assets is connected with ROA %. Frontera Resources's annualized ROA % for the quarter that ended in Jun. 2018 was -74.73%. Total Assets is also linked to Revenue through Asset Turnover. Frontera Resources's Asset Turnover for the quarter that ended in Jun. 2018 was 0.10.


Frontera Resources Total Assets Historical Data

The historical data trend for Frontera 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.

Frontera Resources Total Assets Chart

Frontera Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.38 12.30 9.30 12.00 10.39

Frontera Resources Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 9.61 12.00 9.61 10.39 17.70

Frontera 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.

Frontera Resources's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets=Total Equity (A: Dec. 2017 )+Total Liabilities (A: Dec. 2017 )
=-25.918+36.308
=10.39

Frontera Resources's Total Assets for the quarter that ended in Jun. 2018 is calculated as

Total Assets=Total Equity (Q: Jun. 2018 )+Total Liabilities (Q: Jun. 2018 )
=-27.573+45.269
=17.70

* 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.


Frontera Resources  (LSE:FRR) Total Assets Explanation

Total Assets is connected with ROA %.

Frontera Resources's annualized ROA % for the quarter that ended in Jun. 2018 is

ROA %=Net Income (Q: Jun. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Jun. 2018 ))/ count )
=-10.494/( (10.39+17.696)/ 2 )
=-10.494/14.043
=-74.73 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2018) 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.

Frontera Resources's Asset Turnover for the quarter that ended in Jun. 2018 is

Asset Turnover
=Revenue (Q: Jun. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Jun. 2018 ))/ count )
=1.378/( (10.39+17.696)/ 2 )
=1.378/14.043
=0.10

* 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.

Frontera Resources Total Assets Related Terms

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Frontera Resources (LSE:FRR) Business Description

Traded in Other Exchanges
N/A
Address
3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056
Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.

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