Oil and Gas Exploration and Production AD (XBUL:NGAZ) Total Assets : лв118.61 Mil (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Oil and Gas Exploration and Production AD Total Assets?

Oil and Gas Exploration and Production AD's Total Assets for the quarter that ended in Dec. 2023 was лв118.61 Mil.

During the past 12 months, Oil and Gas Exploration and Production AD's average Total Assets Growth Rate was 2.50% per year. During the past 3 years, the average Total Assets Growth Rate was -3.00% per year. During the past 5 years, the average Total Assets Growth Rate was -1.40% per year. During the past 10 years, the average Total Assets Growth Rate was -2.90% per year.

During the past 13 years, Oil and Gas Exploration and Production AD's highest 3-Year average Total Assets Growth Rate was 5.20%. The lowest was -5.40%. And the median was -1.55%.

Total Assets is connected with ROA %. Oil and Gas Exploration and Production AD's annualized ROA % for the quarter that ended in Dec. 2023 was 2.13%. Total Assets is also linked to Revenue through Asset Turnover. Oil and Gas Exploration and Production AD's Asset Turnover for the quarter that ended in Dec. 2023 was 0.36.

Oil and Gas Exploration and Production AD Total Assets Historical Data

The historical data trend for Oil and Gas Exploration and Production AD'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.

* Premium members only.

Oil and Gas Exploration and Production AD Total Assets Chart

Oil and Gas Exploration and Production AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

115.53

117.77

114.02

116.65

118.61

Oil and Gas Exploration and Production AD Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Assets	Get a 7-Day Free Trial										115.53	117.77	114.02	116.65	118.61

Oil and Gas Exploration and Production AD 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.

Oil and Gas Exploration and Production AD's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	94.543	+	24.067
	=	118.61

Oil and Gas Exploration and Production AD's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	94.543	+	24.067
	=	118.61

Oil and Gas Exploration and Production AD (XBUL:NGAZ) Total Assets Explanation

Total Assets is connected with ROA %.

Oil and Gas Exploration and Production AD's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	2.508	/	( (116.645	+	118.61)	/ 2 )
	=	2.508	/	117.6275
	=	2.13 %

Note: The Net Income data used here is one times the annual (Dec. 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.

Oil and Gas Exploration and Production AD's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	42.404	/	( (116.645	+	118.61)	/ 2 )
=	42.404	/	117.6275
=	0.36

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.

Oil and Gas Exploration and Production AD Total Assets Related Terms

Thank you for viewing the detailed overview of Oil and Gas Exploration and Production AD's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Oil and Gas Exploration and Production AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil and Gas Exploration and Production AD (XBUL:NGAZ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Stefan Karadja Street, Sofia, BGR, 1080

Website

http://www.ogep-bg.com

Oil and Gas Exploration and Production AD is engaged in prospecting, exploration, development and exploitation of oil and gas fields, as well as processing of crude oil. Some of the services provided by the company - design and conducting of 2D and 3D seismic data acquisition, geological and geophysical data processing and interpretation, mud logging, drilling of exploration and production wells for mineralized water and geothermal energy, well logging, among others.

Oil and Gas Exploration and Production AD Headlines

No Headlines