Pipestone Energy (TSX:PIPE) Total Assets : C$1,185.5 Mil (As of Jun. 2023)

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What is Pipestone Energy Total Assets?

Pipestone Energy's Total Assets for the quarter that ended in Jun. 2023 was C$1,185.5 Mil.

During the past 12 months, Pipestone Energy's average Total Assets Growth Rate was 16.90% per year. During the past 3 years, the average Total Assets Growth Rate was 20.00% per year.

During the past 5 years, Pipestone Energy's highest 3-Year average Total Assets Growth Rate was 65.40%. The lowest was 20.00%. And the median was 42.70%.

Total Assets is connected with ROA %. Pipestone Energy's annualized ROA % for the quarter that ended in Jun. 2023 was 5.20%. Total Assets is also linked to Revenue through Asset Turnover. Pipestone Energy's Asset Turnover for the quarter that ended in Jun. 2023 was 0.10.

Pipestone Energy Total Assets Historical Data

The historical data trend for Pipestone 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.

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Pipestone Energy Total Assets Chart

Pipestone Energy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

216.30

663.82

694.47

886.17

1,098.03

Pipestone Energy Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial															1,014.40	1,064.13	1,098.03	1,160.41	1,185.49

Pipestone 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.

Pipestone Energy's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	683.473	+	414.56
	=	1,098.0

Pipestone Energy's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	724.247	+	461.247
	=	1,185.5

Pipestone Energy (TSX:PIPE) Total Assets Explanation

Total Assets is connected with ROA %.

Pipestone Energy's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	60.96	/	( (1160.405	+	1185.494)	/ 2 )
	=	60.96	/	1172.9495
	=	5.20 %

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

Pipestone Energy's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	121.346	/	( (1160.405	+	1185.494)	/ 2 )
=	121.346	/	1172.9495
=	0.10

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.

Pipestone Energy Total Assets Related Terms

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Pipestone Energy (TSX:PIPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pipestone Energy Corp (TSX:PIPE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

888 - 3rd Street SW, Suite 3700, Calgary, AB, CAN, T2P 5C5.

Website

https://www.pipestonecorp.com

Pipestone Energy Corp is engaged in the responsible exploration for, and development and production of, oil and natural gas liquids (including condensate, pentane, butane, propane and ethane) and natural gas in Western Canada, with substantially all of its activities and assets focused in the Montney resource play in Alberta. The Company recognizes revenue from the sale of commodities, which include liquids and natural gas.

Executives

Gmt Capital Corp

Director

Pipestone Energy (TSX:PIPE) Headlines

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