Strata Power (Strata Power) Total Assets : $0.21 Mil (As of Dec. 2023)

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What is Strata Power Total Assets?

Strata Power's Total Assets for the quarter that ended in Dec. 2023 was $0.21 Mil.

During the past 12 months, Strata Power's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was -2.10% per year. During the past 5 years, the average Total Assets Growth Rate was 6.60% per year. During the past 10 years, the average Total Assets Growth Rate was -34.30% per year.

During the past 13 years, Strata Power's highest 3-Year average Total Assets Growth Rate was 629.60%. The lowest was -76.80%. And the median was -0.80%.

Total Assets is connected with ROA %. Strata Power's annualized ROA % for the quarter that ended in Dec. 2023 was -11.76%. Total Assets is also linked to Revenue through Asset Turnover. Strata Power's Asset Turnover for the quarter that ended in Dec. 2023 was 0.90.

Strata Power Total Assets Historical Data

The historical data trend for Strata Power'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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Strata Power Total Assets Chart

Strata Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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0.16

0.18

0.14

0.24

0.21

Strata Power Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Assets	Get a 7-Day Free Trial															0.16	0.18	0.14	0.24	0.21

Strata Power 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.

Strata Power'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 )
	=	-0.236	+	0.442
	=	0.21

Strata Power'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 )
	=	-0.236	+	0.442
	=	0.21

Strata Power (OTCPK:SPOWF) Total Assets Explanation

Total Assets is connected with ROA %.

Strata Power'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 )
	=	-0.026	/	( (0.236	+	0.206)	/ 2 )
	=	-0.026	/	0.221
	=	-11.76 %

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.

Strata Power'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 )
=	0.199	/	( (0.236	+	0.206)	/ 2 )
=	0.199	/	0.221
=	0.90

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.

Strata Power Total Assets Related Terms

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Strata Power (Strata Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strata Power Corp (OTCPK:SPOWF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 4th Ave. SW, Suite 2500, Calgary, AB, CAN, T2P 2V6

Website

http://www.strataoil.com

Strata Power Corp is engaged in the acquisition and exploration of oil and gas properties. The company operates in the oil and gas industry with a focus on Canada's heavy oil and carbonate-hosted bitumen deposits. It has oil sand properties located in the Peace River oil sands region in Northern Alberta, Canada. It also owns royalty interest in oil sands leases and owns non-producing wells.

Executives

Duncan Budge

director

4556 MARINEVIEW CRESCENT, NORTH VANCOUVER A1 V7R 3P2