Vantage Drilling International (Vantage Drilling International) Total Assets : $580.6 Mil (As of Jun. 2023)

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What is Vantage Drilling International Total Assets?

Vantage Drilling International's Total Assets for the quarter that ended in Jun. 2023 was $580.6 Mil.

During the past 12 months, Vantage Drilling International's average Total Assets Growth Rate was -4.90% per year. During the past 3 years, the average Total Assets Growth Rate was -16.20% per year. During the past 5 years, the average Total Assets Growth Rate was -11.40% per year.

During the past 13 years, Vantage Drilling International's highest 3-Year average Total Assets Growth Rate was 90.00%. The lowest was -36.40%. And the median was -2.60%.

Total Assets is connected with ROA %. Vantage Drilling International's annualized ROA % for the quarter that ended in Jun. 2023 was 0.99%. Total Assets is also linked to Revenue through Asset Turnover. Vantage Drilling International's Asset Turnover for the quarter that ended in Jun. 2023 was 0.18.

Vantage Drilling International Total Assets Historical Data

The historical data trend for Vantage Drilling International'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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Vantage Drilling International Total Assets Chart

Vantage Drilling International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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1,129.56

1,090.74

786.18

699.39

578.56

Vantage Drilling International 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															754.30	750.49	578.56	604.66	580.61

Vantage Drilling International 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.

Vantage Drilling International'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 )
	=	262.499	+	316.062
	=	578.6

Vantage Drilling International'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 )
	=	260.671	+	319.938
	=	580.6

Vantage Drilling International (OTCPK:VTDRF) Total Assets Explanation

Total Assets is connected with ROA %.

Vantage Drilling International'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 )
	=	5.848	/	( (604.663	+	580.609)	/ 2 )
	=	5.848	/	592.636
	=	0.99 %

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.

Vantage Drilling International'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 )
=	107.84	/	( (604.663	+	580.609)	/ 2 )
=	107.84	/	592.636
=	0.18

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.

Vantage Drilling International Total Assets Related Terms

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Vantage Drilling International (Vantage Drilling International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vantage Drilling International Ltd (OTCPK:VTDRF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056

Website

https://www.vantagedrilling.com

Vantage Drilling International is an offshore drilling contractor. It operates and manages a fleet of drilling units. Its principal business is to contract drilling units, related equipment, and work crews on a day rate basis to drill oil and natural gas wells. Its rig fleet consists of ultra-deep-water drillships, including Platinum Explorer and Tungsten Explorer; and Jackups, including Topaz Driller and Soehanah. The company's geographical segments includes Drilling Services and Managed Services. It operates in Cayman Islands, Montenegro, Qatar, India, Indonesia, Lebanon, Congo, and Other Countries.

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