TXLZF (Tesla Exploration) Total Assets: $45.19 Mil (As of Mar. 2016)


What is Tesla Exploration Total Assets?

Tesla Exploration TXLZF -90.00% Total Assets is $45.19 Mil as of Mar. 2016.

Tesla Exploration's Total Assets for the quarter that ended in Mar. 2016 was $45.19 Mil.

Total Assets is connected with ROA %. Tesla Exploration's annualized ROA % for the quarter that ended in Mar. 2016 was -142.87%. Total Assets is also linked to Revenue through Asset Turnover. Tesla Exploration's Asset Turnover for the quarter that ended in Mar. 2016 was 0.26.

Tesla Exploration  (OTCPK:TXLZF) Total Assets Explanation

Total Assets is connected with ROA %.

Tesla Exploration's annualized ROA % for the quarter that ended in Mar. 2016 is

ROA %=Net Income (Q: Mar. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Mar. 2016 ))/ count )
=-74.568/( (59.192+45.194)/ 2 )
=-74.568/52.193
=-142.87 %

Note: The Net Income data used here is four times the quarterly (Mar. 2016) 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.

Tesla Exploration's Asset Turnover for the quarter that ended in Mar. 2016 is

Asset Turnover
=Revenue (Q: Mar. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Mar. 2016 ))/ count )
=13.445/( (59.192+45.194)/ 2 )
=13.445/52.193
=0.26

* 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.

Tesla Exploration Total Assets Related Terms

Tesla Exploration Total Assets Historical Data

* Premium members only.

The historical data trend for Tesla Exploration'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.

Tesla Exploration Total Assets Chart

Tesla Exploration Annual Data
Trend Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.85 130.78 133.11 101.56 59.19

Tesla Exploration Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 91.14 81.04 66.27 59.19 45.19

Tesla Exploration 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.

Tesla Exploration's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=8.165+51.027
=59.19

Tesla Exploration's Total Assets for the quarter that ended in Mar. 2016 is calculated as

Total Assets=Total Equity (Q: Mar. 2016 )+Total Liabilities (Q: Mar. 2016 )
=-10.769+55.962
=45.19

* 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 $45.19 Mil mean?
Tesla Exploration (TXLZF) has a Total Assets of $45.19 Mil as of Mar. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on Tesla Exploration and its competitors.
Is Tesla Exploration's Total Assets too high?
Tesla Exploration's current Total Assets is $45.19 Mil.
How does Tesla Exploration's Total Assets compare to SES and DPDW?
Tesla Exploration's Total Assets of $45.19 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 Tesla Exploration and its competitors. Tesla Exploration's current Total Assets is $45.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla Exploration stock overvalued right now?
Tesla Exploration (TXLZF) has a current Total Assets of $45.19 Mil. The current Total Assets is $45.19 Mil. 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 Tesla Exploration (TXLZF), the current Total Assets is $45.19 Mil as of Mar. 2016. 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.

Tesla Exploration Business Description

Industry EnergyOil & Gas
Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7
Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.