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Aroway Energy (Aroway Energy) Total Assets : $6.39 Mil (As of Mar. 2015)


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What is Aroway Energy Total Assets?

Aroway Energy's Total Assets for the quarter that ended in Mar. 2015 was $6.39 Mil.

Total Assets is connected with ROA %. Aroway Energy's annualized ROA % for the quarter that ended in Mar. 2015 was -33.22%. Total Assets is also linked to Revenue through Asset Turnover. Aroway Energy's Asset Turnover for the quarter that ended in Mar. 2015 was 0.02.


Aroway Energy Total Assets Historical Data

The historical data trend for Aroway Energy'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.

Aroway Energy Total Assets Chart

Aroway Energy Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 7.45 10.04 10.02 8.22

Aroway Energy Quarterly Data
Jun10 Sep10 Dec10 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 9.96 8.22 8.15 7.22 6.39

Aroway Energy 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.

Aroway Energy's Total Assets for the fiscal year that ended in Jun. 2014 is calculated as

Total Assets=Total Equity (A: Jun. 2014 )+Total Liabilities (A: Jun. 2014 )
=-1.918+10.14
=8.22

Aroway Energy'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 )
=-2.347+8.734
=6.39

* 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.


Aroway Energy  (GREY:ARWJF) Total Assets Explanation

Total Assets is connected with ROA %.

Aroway Energy'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 )
=-2.26/( (7.22+6.387)/ 2 )
=-2.26/6.8035
=-33.22 %

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.

Aroway Energy'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 )
=0.143/( (7.22+6.387)/ 2 )
=0.143/6.8035
=0.02

* 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.

Aroway Energy Total Assets Related Terms

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Aroway Energy (Aroway Energy) Business Description

Traded in Other Exchanges
N/A
Address
1414 - 8th Street SW, Suite 340, Calgary, AB, CAN, T2R 1J6
Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.

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