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PIFYF (Pine Cliff Energy) Total Assets : $267.6 Mil (As of Dec. 2024)


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What is Pine Cliff Energy Total Assets?

Pine Cliff Energy's Total Assets for the quarter that ended in Dec. 2024 was $267.6 Mil.

During the past 12 months, Pine Cliff Energy's average Total Assets Growth Rate was -20.10% per year. During the past 3 years, the average Total Assets Growth Rate was 0.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was -2.70% per year.

During the past 13 years, Pine Cliff Energy's highest 3-Year average Total Assets Growth Rate was 491.70%. The lowest was -25.00%. And the median was 10.70%.

Total Assets is connected with ROA %. Pine Cliff Energy's annualized ROA % for the quarter that ended in Dec. 2024 was -5.32%. Total Assets is also linked to Revenue through Asset Turnover. Pine Cliff Energy's Asset Turnover for the quarter that ended in Dec. 2024 was 0.11.

Pine Cliff Energy Total Assets Historical Data

The historical data trend for Pine Cliff Energy'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.

Pine Cliff Energy Total Assets Chart

Pine Cliff Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 225.54 296.09 276.08 355.60 267.60

Pine Cliff Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 355.60 329.22 321.59 324.23 267.60

Pine Cliff Energy 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.

Pine Cliff Energy's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=38.13+229.471
=267.6

Pine Cliff Energy's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=38.13+229.471
=267.6

* 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.

Pine Cliff Energy  (OTCPK:PIFYF) Total Assets Explanation

Total Assets is connected with ROA %.

Pine Cliff Energy's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-15.744/( (324.229+267.601)/ 2 )
=-15.744/295.915
=-5.32 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) 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.

Pine Cliff Energy's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=34.015/( (324.229+267.601)/ 2 )
=34.015/295.915
=0.11

* 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.

Pine Cliff Energy Total Assets Related Terms

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Pine Cliff Energy Business Description

Industry
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Traded in Other Exchanges
PNE:Canada
Address
1015 - 4th Street South West, Suite 850, Calgary, AB, CAN, T2R 1J4
Website
https://www.pinecliffenergy.com
Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Edson Assets include Pine Cliff with its first core area in the Western Canadian Sedimentary Basin. It operates and sells its natural gas to the common Alberta natural gas price hub.