Petrolia SE (OSL:PSE) Total Assets : kr705.5 Mil (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Petrolia SE Total Assets?

Petrolia SE's Total Assets for the quarter that ended in Dec. 2023 was kr705.5 Mil.

During the past 12 months, Petrolia SE's average Total Assets Growth Rate was 12.60% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 0.60% per year. During the past 10 years, the average Total Assets Growth Rate was -6.00% per year.

During the past 13 years, Petrolia SE's highest 3-Year average Total Assets Growth Rate was 8.50%. The lowest was -46.40%. And the median was -13.20%.

Total Assets is connected with ROA %. Petrolia SE's annualized ROA % for the quarter that ended in Dec. 2023 was 2.71%. Total Assets is also linked to Revenue through Asset Turnover. Petrolia SE's Asset Turnover for the quarter that ended in Dec. 2023 was 0.37.

Petrolia SE Total Assets Historical Data

The historical data trend for Petrolia SE'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.

Petrolia SE Total Assets Chart

Petrolia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

643.25

621.33

622.35

630.93

705.52

Petrolia SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															622.35	639.04	630.93	710.91	705.52

Petrolia SE 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.

Petrolia SE's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	433.085	+	272.438
	=	705.5

Petrolia SE's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	433.085	+	272.438
	=	705.5

Petrolia SE (OSL:PSE) Total Assets Explanation

Total Assets is connected with ROA %.

Petrolia SE's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	19.158	/	( (710.911	+	705.523)	/ 2 )
	=	19.158	/	708.217
	=	2.71 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Petrolia SE's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	264.632	/	( (710.911	+	705.523)	/ 2 )
=	264.632	/	708.217
=	0.37

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.

Petrolia SE Total Assets Related Terms

Thank you for viewing the detailed overview of Petrolia SE's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Petrolia SE (OSL:PSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrolia SE (OSL:PSE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PSEo:Sweden

Address

205 Christodoulou Chatzipavlou Street, Loulloupis Court, 4th Floor, Office 401, Limassol, CYP, 3036

Website

https://www.petrolia.eu

Petrolia SE is an international oil service company. The main activities of the company are within two segments: The energy division and the Energy Service division. The group operates in Norway, Europe outside Norway, Asia and Australia, and other regions. The company generates maximum revenue from Asia and Australia. It generates revenue by providing drilling equipment, such as drill pipes and test strings to oil companies, drilling contractors, and oil service companies.

Petrolia SE (OSL:PSE) Headlines

No Headlines