Savanna Energy Services (TSX:SVY) Total Assets : C$823.1 Mil (As of Mar. 2017)

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What is Savanna Energy Services Total Assets?

Savanna Energy Services's Total Assets for the quarter that ended in Mar. 2017 was C$823.1 Mil.

Total Assets is connected with ROA %. Savanna Energy Services's annualized ROA % for the quarter that ended in Mar. 2017 was -9.66%. Total Assets is also linked to Revenue through Asset Turnover. Savanna Energy Services's Asset Turnover for the quarter that ended in Mar. 2017 was 0.14.

Savanna Energy Services Total Assets Historical Data

The historical data trend for Savanna Energy Services'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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Savanna Energy Services Total Assets Chart

Savanna Energy Services Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Assets

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1,338.49

1,391.60

1,183.93

879.15

813.88

Savanna Energy Services Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Total Assets	Get a 7-Day Free Trial															841.05	797.38	787.84	813.88	823.07

Savanna Energy Services 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.

Savanna Energy Services's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets	=	Total Equity (A: Dec. 2016 )	+	Total Liabilities (A: Dec. 2016 )
	=	478.331	+	335.545
	=	813.9

Savanna Energy Services's Total Assets for the quarter that ended in Mar. 2017 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2017 )	+	Total Liabilities (Q: Mar. 2017 )
	=	461.615	+	361.453
	=	823.1

Savanna Energy Services (TSX:SVY) Total Assets Explanation

Total Assets is connected with ROA %.

Savanna Energy Services's annualized ROA % for the quarter that ended in Mar. 2017 is

ROA %	=	Net Income (Q: Mar. 2017 )	/	( (Total Assets (Q: Dec. 2016 )	+	Total Assets (Q: Mar. 2017 ))	/ count )
	=	-79.048	/	( (813.876	+	823.068)	/ 2 )
	=	-79.048	/	818.472
	=	-9.66 %

Note: The Net Income data used here is four times the quarterly (Mar. 2017) 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.

Savanna Energy Services's Asset Turnover for the quarter that ended in Mar. 2017 is

	Asset Turnover
=	Revenue (Q: Mar. 2017 )	/	( (Total Assets (Q: Dec. 2016 )	+	Total Assets (Q: Mar. 2017 ))	/ count )
=	117.319	/	( (813.876	+	823.068)	/ 2 )
=	117.319	/	818.472
=	0.14

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.

Savanna Energy Services Total Assets Related Terms

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Savanna Energy Services (TSX:SVY) Business Description

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Address

Website

http://www.savannaenergy.com

Savanna Energy Services Corp was incorporated under the Alberta Business Corporations Act on March 22, 2001. It is a drilling, well servicing and oilfield rentals company with operations in Canada, the United States and Australia. It provides a variety of services in the oil and natural gas industry. The corporate segment provides management and administrative services to all of the Company's subsidiaries and their respective operations. The services segment provides well servicing services and rental equipment to the oil and gas industry. The drilling segment provides contract drilling services to the oil and gas industry. The Company's overall business is conducted through two divisions: contract drilling and oilfield services. The Company's equipment fleet is among the newest and technically in the industry and its commitment to talent and technology has enabled the Company to build a presence within the oilfield services sector. It has also expanded its customer base to international markets, diversifying geographically into growing and emerging markets. The Company operates through a number of wholly-owned subsidiaries and several partnerships with Aboriginal communities that are partially owned by the Company.

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