PTRC (Petro River Oil) Total Assets: $9.22 Mil (As of Oct. 2019)


PTRC Petro River Oil Corp PTRC
12 GF Score
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What is Petro River Oil Total Assets?

Petro River Oil PTRC -95.00% 12 Total Assets is $9.22 Mil as of Oct. 2019. GuruFocus rates PTRC with a GF Score™ of 12/100.

Petro River Oil's Total Assets for the quarter that ended in Oct. 2019 was $9.22 Mil.

Total Assets is connected with ROA %. Petro River Oil's annualized ROA % for the quarter that ended in Oct. 2019 was 32.34%. Total Assets is also linked to Revenue through Asset Turnover. Petro River Oil's Asset Turnover for the quarter that ended in Oct. 2019 was 0.03.

Petro River Oil  (OTCPK:PTRC) Total Assets Explanation

Total Assets is connected with ROA %.

Petro River Oil's annualized ROA % for the quarter that ended in Oct. 2019 is

ROA %=Net Income (Q: Oct. 2019 )/( (Total Assets (Q: Jul. 2019 )+Total Assets (Q: Oct. 2019 ))/ count )
=3.048/( (9.632+9.216)/ 2 )
=3.048/9.424
=32.34 %

Note: The Net Income data used here is four times the quarterly (Oct. 2019) 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.

Petro River Oil's Asset Turnover for the quarter that ended in Oct. 2019 is

Asset Turnover
=Revenue (Q: Oct. 2019 )/( (Total Assets (Q: Jul. 2019 )+Total Assets (Q: Oct. 2019 ))/ count )
=0.271/( (9.632+9.216)/ 2 )
=0.271/9.424
=0.03

* 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.

Petro River Oil Total Assets Related Terms

Petro River Oil Total Assets Historical Data

* Premium members only.

The historical data trend for Petro River Oil'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.

Petro River Oil Total Assets Chart

Petro River Oil Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.28 28.33 32.80 5.85 10.02

Petro River Oil Quarterly Data
Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19
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 8.65 10.94 10.02 9.63 9.22
PTRC
12GF Score
Petro River Oil Corp PTRC
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Petro River Oil 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.

Petro River Oil's Total Assets for the fiscal year that ended in Apr. 2019 is calculated as

Total Assets=Total Equity (A: Apr. 2019 )+Total Liabilities (A: Apr. 2019 )
=4.061+5.956
=10.02

Petro River Oil's Total Assets for the quarter that ended in Oct. 2019 is calculated as

Total Assets=Total Equity (Q: Oct. 2019 )+Total Liabilities (Q: Oct. 2019 )
=6.486+2.731
=9.22

* 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 $9.22 Mil mean?
Petro River Oil (PTRC) has a Total Assets of $9.22 Mil as of Oct. 2019. The total amount of assets as recorded on a company's balance sheet. View historical data on Petro River Oil and its competitors.
Is Petro River Oil's Total Assets too high?
Petro River Oil's current Total Assets is $9.22 Mil. Overall, Petro River Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Petro River Oil's Total Assets compare to LRDC and COIL?
Petro River Oil's Total Assets of $9.22 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 Petro River Oil and its competitors. Petro River Oil's current Total Assets is $9.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petro River Oil stock overvalued right now?
Petro River Oil (PTRC) has a current Total Assets of $9.22 Mil. The current Total Assets is $9.22 Mil. Petro River Oil's overall GF Score™ is 12/100. 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 Petro River Oil (PTRC), the current Total Assets is $9.22 Mil as of Oct. 2019. 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.

Petro River Oil Business Description

Industry EnergyOil & Gas
Address 55 5th Avenue, Suite 1702, New York, NY, USA, 10003
Petro River Oil Corp is an independent energy company focused on the exploration and development of conventional oil and gas assets. It has diversification across multiple projects, each with low initial capital expenditures and strong risk-reward characteristics. The company's strategy is to identify, acquire and develop conventional oil and gas assets. The company's activities are focused on the North American and European continents.
12GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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