Gazprom Neft PJSC's Total Assets for the quarter that ended in Jun. 2023 was ₽5,174,844 Mil.
Warning Sign:
If a company builds assets at 12.2% a year, faster than its revenue growth rate of 10.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Gazprom Neft PJSC's average Total Assets Growth Rate was 18.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 10.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.30% per year.
During the past 13 years, Gazprom Neft PJSC's highest 3-Year average Total Assets Growth Rate was 37.90%. The lowest was 10.30%. And the median was 18.20%.
The historical data trend for Gazprom Neft PJSC'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.
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.
Gazprom Neft PJSC's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
Gazprom Neft PJSC (MIC:SIBN) Total Assets Explanation
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.
Gazprom Neft PJSC's Asset Turnover for the quarter that ended in Jun. 2023 is
* 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.
Gazprom Neft PJSC Total Assets Related Terms
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Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.
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