NOBGY (Noble Group) Total Assets: $3,549 Mil (As of Sep. 2018)


What is Noble Group Total Assets?

Noble Group NOBGY -99.00% Total Assets is $3,549 Mil as of Sep. 2018.

Noble Group's Total Assets for the quarter that ended in Sep. 2018 was $3,549 Mil.

Total Assets is connected with ROA %. Noble Group's annualized ROA % for the quarter that ended in Sep. 2018 was -10.90%. Total Assets is also linked to Revenue through Asset Turnover. Noble Group's Asset Turnover for the quarter that ended in Sep. 2018 was 0.33.

Noble Group  (OTCPK:NOBGY) Total Assets Explanation

Total Assets is connected with ROA %.

Noble Group's annualized ROA % for the quarter that ended in Sep. 2018 is

ROA %=Net Income (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=-395.984/( (3714.444+3548.702)/ 2 )
=-395.984/3631.573
=-10.90 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Noble Group's Asset Turnover for the quarter that ended in Sep. 2018 is

Asset Turnover
=Revenue (Q: Sep. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Sep. 2018 ))/ count )
=1209.987/( (3714.444+3548.702)/ 2 )
=1209.987/3631.573
=0.33

* 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.

Noble Group Total Assets Related Terms

Noble Group Total Assets Historical Data

* Premium members only.

The historical data trend for Noble Group'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.

Noble Group Total Assets Chart

Noble Group 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 19,712.08 20,089.95 17,051.98 12,284.64 4,809.48

Noble Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 7,503.60 4,809.48 3,740.05 3,714.44 3,548.70

Noble Group 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.

Noble Group'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 )
=-800.911+5610.386
=4,809

Noble Group's Total Assets for the quarter that ended in Sep. 2018 is calculated as

Total Assets=Total Equity (Q: Sep. 2018 )+Total Liabilities (Q: Sep. 2018 )
=-1142.597+4691.299
=3,549

* 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 $3,549 Mil mean?
Noble Group (NOBGY) has a Total Assets of $3,549 Mil as of Sep. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Noble Group and its competitors.
Is Noble Group's Total Assets too high?
Noble Group's current Total Assets is $3,549 Mil.
How does Noble Group's Total Assets compare to SGOC and HHHH?
Noble Group's Total Assets of $3,549 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Total Assets depends on the Conglomerates 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 Noble Group and its competitors. Noble Group's current Total Assets is $3,549 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Group stock overvalued right now?
Noble Group (NOBGY) has a current Total Assets of $3,549 Mil. The current Total Assets is $3,549 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 Noble Group (NOBGY), the current Total Assets is $3,549 Mil as of Sep. 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.

Noble Group Business Description

Address 60 Anson Road, No. 19-01, Mapletree Anson, Singapore, SGP, Singapore
Noble Group Ltd operates and manages supply chain focused on purchasing physical commodities and transforming these into customized products. The business consist of logistics and transportation, price risk management and hedging, commodity processing and blending, as well as structured and trade finance products. The company has two segments - namely, the Energy Segment, with combines the former Energy and Gas & Power segments and includes the Oil Liquids, Gas & Power and Energy Coal businesses; and the Metals, Minerals and Ores Segment, which combines the former Metals & Mining and Corporate segments and includes the Metals, Carbon Steel Materials and Logistics businesses.