TXO (LSE:TXO) Total Assets: £3.15 Mil (As of Mar. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is TXO Total Assets?

TXO LSE:TXO Total Assets is £3.15 Mil as of Mar. 2014.

TXO's Total Assets for the quarter that ended in Mar. 2014 was £3.15 Mil.

Total Assets is connected with ROA %. TXO's annualized ROA % for the quarter that ended in Mar. 2014 was -38.47%. Total Assets is also linked to Revenue through Asset Turnover. TXO's Asset Turnover for the quarter that ended in Mar. 2014 was 0.00.

TXO  (LSE:TXO) Total Assets Explanation

Total Assets is connected with ROA %.

TXO's annualized ROA % for the quarter that ended in Mar. 2014 is

ROA %=Net Income (Q: Mar. 2014 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Mar. 2014 ))/ count )
=-1.034/( (2.225+3.151)/ 2 )
=-1.034/2.688
=-38.47 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2014) 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.

TXO's Asset Turnover for the quarter that ended in Mar. 2014 is

Asset Turnover
=Revenue (Q: Mar. 2014 )/( (Total Assets (Q: Sep. 2013 )+Total Assets (Q: Mar. 2014 ))/ count )
=0/( (2.225+3.151)/ 2 )
=0/2.688
=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.

TXO Total Assets Related Terms

TXO Total Assets Historical Data

* Premium members only.

The historical data trend for TXO'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.

TXO Total Assets Chart

TXO Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Sep10 Sep11 Sep12 Sep13
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.47 5.97 1.23 2.55 2.23

TXO Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14
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 1.97 2.55 3.90 2.23 3.15

TXO 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.

TXO's Total Assets for the fiscal year that ended in Sep. 2013 is calculated as

Total Assets=Total Equity (A: Sep. 2013 )+Total Liabilities (A: Sep. 2013 )
=1.137+1.088
=2.23

TXO's Total Assets for the quarter that ended in Mar. 2014 is calculated as

Total Assets=Total Equity (Q: Mar. 2014 )+Total Liabilities (Q: Mar. 2014 )
=2.014+1.137
=3.15

* 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 £3.15 Mil mean?
TXO (LSE:TXO) has a Total Assets of £3.15 Mil as of Mar. 2014. The total amount of assets as recorded on a company's balance sheet. View historical data on TXO and its competitors.
Is TXO's Total Assets too high?
TXO's current Total Assets is £3.15 Mil.
How does TXO's Total Assets compare to competitors?
TXO's Total Assets of £3.15 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 TXO and its competitors. TXO's current Total Assets is £3.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TXO stock overvalued right now?
TXO (LSE:TXO) has a current Total Assets of £3.15 Mil. The current Total Assets is £3.15 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 TXO (LSE:TXO), the current Total Assets is £3.15 Mil as of Mar. 2014. 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.

TXO Business Description

Industry EnergyOil & Gas
TXO PLC is a public company, incorporated on June 26, 1989. The Company is engaged in holding investments operating in the oil and gas sector. The Company's operations are subject to laws and regulations relating to the protection of human health and safety and the environment.