Seven Generations Energy (TSX:VII) Total Assets : C$5,692 Mil (As of Dec. 2020)

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What is Seven Generations Energy Total Assets?

Seven Generations Energy's Total Assets for the quarter that ended in Dec. 2020 was C$5,692 Mil.

Total Assets is connected with ROA %. Seven Generations Energy's annualized ROA % for the quarter that ended in Dec. 2020 was -60.50%. Total Assets is also linked to Revenue through Asset Turnover. Seven Generations Energy's Asset Turnover for the quarter that ended in Dec. 2020 was 0.12.

Seven Generations Energy Total Assets Historical Data

The historical data trend for Seven Generations 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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Seven Generations Energy Total Assets Chart

Seven Generations Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Assets

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6,602.40

7,294.50

8,119.50

8,437.40

5,692.30

Seven Generations Energy Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Total Assets	Get a 7-Day Free Trial															8,437.40	7,422.70	7,105.90	7,017.30	5,692.30

Seven Generations 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.

Seven Generations Energy's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	3051.1	+	2641.2
	=	5,692

Seven Generations Energy's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2020 )	+	Total Liabilities (Q: Dec. 2020 )
	=	3051.1	+	2641.2
	=	5,692

Seven Generations Energy (TSX:VII) Total Assets Explanation

Total Assets is connected with ROA %.

Seven Generations Energy's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %	=	Net Income (Q: Dec. 2020 )	/	( (Total Assets (Q: Sep. 2020 )	+	Total Assets (Q: Dec. 2020 ))	/ count )
	=	-3844.8	/	( (7017.3	+	5692.3)	/ 2 )
	=	-3844.8	/	6354.8
	=	-60.50 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) 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.

Seven Generations Energy's Asset Turnover for the quarter that ended in Dec. 2020 is

	Asset Turnover
=	Revenue (Q: Dec. 2020 )	/	( (Total Assets (Q: Sep. 2020 )	+	Total Assets (Q: Dec. 2020 ))	/ count )
=	757.1	/	( (7017.3	+	5692.3)	/ 2 )
=	757.1	/	6354.8
=	0.12

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.

Seven Generations Energy Total Assets Related Terms

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Seven Generations Energy (TSX:VII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seven Generations Energy Ltd (TSX:VII) » Definitions » Total Assets

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Address

525 - 8 Avenue SW, Suite 4400, Eighth Avenue Place East, Calgary, AB, CAN, T2P 1G1

Website

http://www.7genergy.com

Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture, develop, and catalyze production from resource plays.