TWMIF (Tidewater Midstream and Infrastructure) Total Assets : $871 Mil (As of Dec. 2024)

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What is Tidewater Midstream and Infrastructure Total Assets?

Tidewater Midstream and Infrastructure's Total Assets for the quarter that ended in Dec. 2024 was $871 Mil.

During the past 12 months, Tidewater Midstream and Infrastructure's average Total Assets Growth Rate was -2.10% per year. During the past 3 years, the average Total Assets Growth Rate was -14.10% per year. During the past 5 years, the average Total Assets Growth Rate was -8.00% per year.

During the past 10 years, Tidewater Midstream and Infrastructure's highest 3-Year average Total Assets Growth Rate was 54.60%. The lowest was -14.10%. And the median was 21.60%.

Total Assets is connected with ROA %. Tidewater Midstream and Infrastructure's annualized ROA % for the quarter that ended in Dec. 2024 was -1.03%. Total Assets is also linked to Revenue through Asset Turnover. Tidewater Midstream and Infrastructure's Asset Turnover for the quarter that ended in Dec. 2024 was 0.28.

Tidewater Midstream and Infrastructure Total Assets Historical Data

The historical data trend for Tidewater Midstream and Infrastructure'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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Tidewater Midstream and Infrastructure Total Assets Chart

Tidewater Midstream and Infrastructure Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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1,454.96

1,539.53

1,674.35

1,195.29

871.06

Tidewater Midstream and Infrastructure 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															1,195.29	974.51	935.06	926.10	871.06

Tidewater Midstream and Infrastructure 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.

Tidewater Midstream and Infrastructure'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 )
	=	233.733	+	637.327
	=	871

Tidewater Midstream and Infrastructure'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 )
	=	233.733	+	637.327
	=	871

Tidewater Midstream and Infrastructure (OTCPK:TWMIF) Total Assets Explanation

Total Assets is connected with ROA %.

Tidewater Midstream and Infrastructure'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 )
	=	-9.264	/	( (926.104	+	871.061)	/ 2 )
	=	-9.264	/	898.5825
	=	-1.03 %

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.

Tidewater Midstream and Infrastructure'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 )
=	254.089	/	( (926.104	+	871.061)	/ 2 )
=	254.089	/	898.5825
=	0.28

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.

Tidewater Midstream and Infrastructure Total Assets Related Terms

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Tidewater Midstream and Infrastructure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Midstream and Infrastructure Ltd (OTCPK:TWMIF) » Definitions » Total Assets

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Traded in Other Exchanges

TL5:Germany TWM:Canada

Address

222 - 3rd Avenue SouthWest, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.