Linc Energy (ASX:LNC) Total Assets : A$713.48 Mil (As of Dec. 2015)

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What is Linc Energy Total Assets?

Linc Energy's Total Assets for the quarter that ended in Dec. 2015 was A$713.48 Mil.

During the past 12 months, Linc Energy's average Total Assets Growth Rate was -14.20% per year. During the past 3 years, the average Total Assets Growth Rate was 2.60% per year. During the past 5 years, the average Total Assets Growth Rate was 30.90% per year. During the past 10 years, the average Total Assets Growth Rate was 116.80% per year.

During the past 11 years, Linc Energy's highest 3-Year average Total Assets Growth Rate was 736.20%. The lowest was 2.60%. And the median was 59.35%.

Total Assets is connected with ROA %. Linc Energy's annualized ROA % for the quarter that ended in Dec. 2015 was -49.30%. Total Assets is also linked to Revenue through Asset Turnover. Linc Energy's Asset Turnover for the quarter that ended in Dec. 2015 was 0.02.

Linc Energy Total Assets Historical Data

The historical data trend for Linc 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.

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Linc Energy Total Assets Chart

Linc Energy Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Total Assets

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600.95

727.78

1,068.49

942.97

811.31

Linc Energy Quarterly Data
	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Total Assets	Get a 7-Day Free Trial															1,035.09	975.68	811.31	840.99	713.48

Linc 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.

Linc Energy's Total Assets for the fiscal year that ended in Jun. 2015 is calculated as

Total Assets	=	Total Equity (A: Jun. 2015 )	+	Total Liabilities (A: Jun. 2015 )
	=	30.654	+	780.655
	=	811.31

Linc Energy's Total Assets for the quarter that ended in Dec. 2015 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2015 )	+	Total Liabilities (Q: Dec. 2015 )
	=	-141.864	+	855.343
	=	713.48

Linc Energy (ASX:LNC) Total Assets Explanation

Total Assets is connected with ROA %.

Linc Energy's annualized ROA % for the quarter that ended in Dec. 2015 is

ROA %	=	Net Income (Q: Dec. 2015 )	/	( (Total Assets (Q: Sep. 2015 )	+	Total Assets (Q: Dec. 2015 ))	/ count )
	=	-383.14	/	( (840.991	+	713.479)	/ 2 )
	=	-383.14	/	777.235
	=	-49.30 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Linc Energy's Asset Turnover for the quarter that ended in Dec. 2015 is

	Asset Turnover
=	Revenue (Q: Dec. 2015 )	/	( (Total Assets (Q: Sep. 2015 )	+	Total Assets (Q: Dec. 2015 ))	/ count )
=	15.834	/	( (840.991	+	713.479)	/ 2 )
=	15.834	/	777.235
=	0.02

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.

Linc Energy Total Assets Related Terms

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Linc Energy (ASX:LNC) Business Description

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Address

32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000

Website

http://www.lincenergy.com

Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.