Par Pacific Holdings's Total Assets for the quarter that ended in Mar. 2024 was $3,772 Mil.
Warning Sign:
If a company builds assets at 15.9% a year, faster than its revenue growth rate of 11.1% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Par Pacific Holdings's average Total Assets Growth Rate was 32.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 20.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 19.10% per year.
During the past 13 years, Par Pacific Holdings's highest 3-Year average Total Assets Growth Rate was 122.30%. The lowest was -49.20%. And the median was 20.20%.
The historical data trend for Par Pacific Holdings'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.
Par Pacific Holdings's Total Assets for the fiscal year that ended in Dec. 2023 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.
Par Pacific Holdings (NYSE:PARR) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2024) 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.
Par Pacific Holdings's Asset Turnover for the quarter that ended in Mar. 2024 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.
Par Pacific Holdings Total Assets Related Terms
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Par Pacific Holdings (Par Pacific Holdings) Business Description
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refinery, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.
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