Sirius Petroleum (LSE:SRSP) Total Assets: £16.19 Mil (As of Jun. 2018)


What is Sirius Petroleum Total Assets?

Sirius Petroleum LSE:SRSP Total Assets is £16.19 Mil as of Jun. 2018. The stock has 4 warning signs investors should review.

Sirius Petroleum's Total Assets for the quarter that ended in Jun. 2018 was £16.19 Mil.

During the past 12 months, Sirius Petroleum's average Total Assets Growth Rate was 181.60% per year. During the past 3 years, the average Total Assets Growth Rate was 93.50% per year. During the past 5 years, the average Total Assets Growth Rate was 55.10% per year. During the past 10 years, the average Total Assets Growth Rate was 84.00% per year.

During the past 13 years, Sirius Petroleum's highest 3-Year average Total Assets Growth Rate was 297.80%. The lowest was -85.70%. And the median was 38.80%.

Total Assets is connected with ROA %. Sirius Petroleum's annualized ROA % for the quarter that ended in Jun. 2018 was -30.06%. Total Assets is also linked to Revenue through Asset Turnover. Sirius Petroleum's Asset Turnover for the quarter that ended in Jun. 2018 was 0.00.

Sirius Petroleum  (LSE:SRSP) Total Assets Explanation

Total Assets is connected with ROA %.

Sirius Petroleum'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 )
=-4.518/( (13.871+16.185)/ 2 )
=-4.518/15.028
=-30.06 %

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.

Sirius Petroleum'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 )
=0/( (13.871+16.185)/ 2 )
=0/15.028
=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.

Sirius Petroleum Total Assets Related Terms

Sirius Petroleum Total Assets Historical Data

* Premium members only.

The historical data trend for Sirius Petroleum'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.

Sirius Petroleum Total Assets Chart

Sirius Petroleum Annual Data
Trend Jul08 Jul09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.51 2.71 4.53 13.87

Sirius Petroleum Semi-Annual Data
Jan08 Jul08 Jan09 Jul09 Jan10 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 Premium Member Only 2.92 4.53 5.70 13.87 16.19

Sirius Petroleum 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.

Sirius Petroleum'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 )
=8.968+4.903
=13.87

Sirius Petroleum'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 )
=7.804+8.38
=16.18

* 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 £16.19 Mil mean?
Sirius Petroleum (LSE:SRSP) has a Total Assets of £16.19 Mil as of Jun. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Sirius Petroleum and its competitors.
Is Sirius Petroleum's Total Assets too high?
Sirius Petroleum's current Total Assets is £16.19 Mil.
How does Sirius Petroleum's Total Assets compare to WHZT and GSPE?
Sirius Petroleum's Total Assets of £16.19 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 Sirius Petroleum and its competitors. Sirius Petroleum's current Total Assets is £16.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius Petroleum stock overvalued right now?
Sirius Petroleum (LSE:SRSP) has a current Total Assets of £16.19 Mil. The current Total Assets is £16.19 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 Sirius Petroleum (LSE:SRSP), the current Total Assets is £16.19 Mil as of Jun. 2018. 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.

Sirius Petroleum Business Description

Industry EnergyOil & Gas
Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL
Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.