Indonesia Energy (Indonesia Energy) Total Assets : $17.73 Mil (As of Dec. 2023)

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What is Indonesia Energy Total Assets?

Indonesia Energy's Total Assets for the quarter that ended in Dec. 2023 was $17.73 Mil.

During the past 12 months, Indonesia Energy's average Total Assets Growth Rate was 7.10% per year. During the past 3 years, the average Total Assets Growth Rate was 21.90% per year. During the past 5 years, the average Total Assets Growth Rate was 14.00% per year.

During the past 7 years, Indonesia Energy's highest 3-Year average Total Assets Growth Rate was 21.90%. The lowest was 0.70%. And the median was 13.35%.

Total Assets is connected with ROA %. Indonesia Energy's annualized ROA % for the quarter that ended in Dec. 2023 was -11.22%. Total Assets is also linked to Revenue through Asset Turnover. Indonesia Energy's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Indonesia Energy Total Assets Historical Data

The historical data trend for Indonesia 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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Indonesia Energy Total Assets Chart

Indonesia Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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21.16

15.58

12.09

20.57

17.73

Indonesia Energy Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial								12.09	19.12	20.57	18.71	17.73

Indonesia 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.

Indonesia Energy'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 )
	=	14.69	+	3.035
	=	17.73

Indonesia Energy'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 )
	=	14.69	+	3.035
	=	17.73

Indonesia Energy (AMEX:INDO) Total Assets Explanation

Total Assets is connected with ROA %.

Indonesia Energy's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-2.044	/	( (18.711	+	17.725)	/ 2 )
	=	-2.044	/	18.218
	=	-11.22 %

Note: The Net Income data used here is two times the semi-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.

Indonesia Energy's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1.684	/	( (18.711	+	17.725)	/ 2 )
=	1.684	/	18.218
=	0.09

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.

Indonesia Energy Total Assets Related Terms

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Indonesia Energy (Indonesia Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indonesia Energy Corp Ltd (AMEX:INDO) » Definitions » Total Assets

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Address

Jalan Raya Pasar Minggu No. 17A, Gedung Graha Anugerah, Kelurahan Pancoran, Kecamatan Pancoran, Jakarta Selatan, Jakarta, IDN, 12780

Website

https://www.indo-energy.com

Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. Its portfolio consists of Kruh Block and Citarum Block. The company generates its revenue from oil and gas sales.