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Denbury's Total Assets for the quarter that ended in Jun. 2023 was $2,542 Mil.
During the past 12 months, Denbury's average Total Assets Growth Rate was 18.80% per year. During the past 3 years, the average Total Assets Growth Rate was -20.80% per year. During the past 5 years, the average Total Assets Growth Rate was -18.20% per year. During the past 10 years, the average Total Assets Growth Rate was -17.80% per year.
During the past 13 years, Denbury's highest 3-Year average Total Assets Growth Rate was 53.70%. The lowest was -29.40%. And the median was 15.40%.
Total Assets is connected with ROA %. Denbury's annualized ROA % for the quarter that ended in Jun. 2023 was 10.82%. Total Assets is also linked to Revenue through Asset Turnover. Denbury's Asset Turnover for the quarter that ended in Jun. 2023 was 0.13.
The historical data trend for Denbury'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.
Denbury Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 4,723.22 | 4,691.87 | 1,634.76 | 1,902.95 | 2,327.50 |
Denbury 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 | 2,138.68 | 2,243.33 | 2,327.50 | 2,432.06 | 2,541.62 |
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.
Denbury'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 ) |
= | 1532.617 | + | 794.882 | |
= | 2,327 |
Denbury'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 ) |
= | 1700.153 | + | 841.466 | |
= | 2,542 |
* 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.
Denbury (NYSE:DEN) Total Assets Explanation
Total Assets is connected with ROA %.
Denbury'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 ) |
= | 269.124 | / | ( (2432.063 | + | 2541.619) | / 2 ) | |
= | 269.124 | / | 2486.841 | ||||
= | 10.82 % |
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.
Denbury'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 ) |
= | 328.093 | / | ( (2432.063 | + | 2541.619) | / 2 ) |
= | 328.093 | / | 2486.841 | |||
= | 0.13 |
* 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.
Thank you for viewing the detailed overview of Denbury's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Nicole H. Jennings | officer: Vice President and CAO | 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024 |
David E Sheppard | officer: EVP and COO | 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024 |
Cindy A Yeilding | director | 5851 LEGACY DRIVE, SUITE 1200, PLANO TX 75024 |
Goldentree Asset Management Lp | 10 percent owner | 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022 |
Caroline Angoorly | director | 386 CAIRO JUNCTION ROAD, CATSKILL NY 12414 |
Steven A. Tananbaum | 10 percent owner | 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022 |
Goldentree Asset Management Llc | 10 percent owner | 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022 |
Brett Wiggs | director | 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024 |
Anthony Abate | director | C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481 |
James N Chapman | director | 14 ALPINE ROAD, GREENWICH CT 06830 |
Mary M Vandeweghe | director | 1601 W. DIEHL ROAD, NAPERVILLE IL 60563 |
Mark C Allen | officer: Sr. VP/CFO, Treas. & Ast. Sec. | C/O DENBURY INC, 5851 LEGACY DRIVE, SUITE 1200, PLANO TX 75024 |
Alan Rhoades | officer: VP & Chief Accounting Officer | 5320 LEGACY DRIVE, PLANO TX 75024 |
James S. Matthews | officer: SVP, General Counsel & Sec'y | 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024 |
Christian S Kendall | officer: President and CEO | 5851 LEGACY CIRCLE, SUITE 1200, PLANO TX 75024 |
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