XBOR (Cross Border Resources) Total Assets: $35.06 Mil (As of Mar. 2015)


What is Cross Border Resources Total Assets?

Cross Border Resources XBOR Total Assets is $35.06 Mil as of Mar. 2015.

Cross Border Resources's Total Assets for the quarter that ended in Mar. 2015 was $35.06 Mil.

Total Assets is connected with ROA %. Cross Border Resources's annualized ROA % for the quarter that ended in Mar. 2015 was -0.28%. Total Assets is also linked to Revenue through Asset Turnover. Cross Border Resources's Asset Turnover for the quarter that ended in Mar. 2015 was 0.04.

Cross Border Resources  (OTCPK:XBOR) Total Assets Explanation

Total Assets is connected with ROA %.

Cross Border Resources's annualized ROA % for the quarter that ended in Mar. 2015 is

ROA %=Net Income (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=-0.096/( (33.29+35.064)/ 2 )
=-0.096/34.177
=-0.28 %

Note: The Net Income data used here is four times the quarterly (Mar. 2015) 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.

Cross Border Resources's Asset Turnover for the quarter that ended in Mar. 2015 is

Asset Turnover
=Revenue (Q: Mar. 2015 )/( (Total Assets (Q: Dec. 2014 )+Total Assets (Q: Mar. 2015 ))/ count )
=1.453/( (33.29+35.064)/ 2 )
=1.453/34.177
=0.04

* 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.

Cross Border Resources Total Assets Related Terms

Cross Border Resources Total Assets Historical Data

* Premium members only.

The historical data trend for Cross Border Resources'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.

Cross Border Resources Total Assets Chart

Cross Border Resources Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13 Dec14
Total Assets
Get a 7-Day Free Trial Premium Member Only 2.84 29.24 36.65 38.95 33.29

Cross Border Resources Quarterly Data
Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 39.34 38.06 33.55 33.29 35.06

Cross Border Resources 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.

Cross Border Resources's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets=Total Equity (A: Dec. 2014 )+Total Liabilities (A: Dec. 2014 )
=17.294+15.996
=33.29

Cross Border Resources's Total Assets for the quarter that ended in Mar. 2015 is calculated as

Total Assets=Total Equity (Q: Mar. 2015 )+Total Liabilities (Q: Mar. 2015 )
=17.27+17.794
=35.06

* 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 $35.06 Mil mean?
Cross Border Resources (XBOR) has a Total Assets of $35.06 Mil as of Mar. 2015. The total amount of assets as recorded on a company's balance sheet. View historical data on Cross Border Resources and its competitors.
Is Cross Border Resources' Total Assets too high?
Cross Border Resources' current Total Assets is $35.06 Mil.
How does Cross Border Resources' Total Assets compare to FPPP and UNGS?
Cross Border Resources' Total Assets of $35.06 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 Cross Border Resources and its competitors. Cross Border Resources's current Total Assets is $35.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Border Resources stock overvalued right now?
Cross Border Resources (XBOR) has a current Total Assets of $35.06 Mil. The current Total Assets is $35.06 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 Cross Border Resources (XBOR), the current Total Assets is $35.06 Mil as of Mar. 2015. 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.

Cross Border Resources Business Description

Industry EnergyOil & Gas
Address 2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201
Cross Border Resources Inc is an oil and gas exploration company. The company is engaged in the acquisition, operation, exploration, and development of oil and gas properties and prospects.