Aban Offshore (NSE:ABAN) Total Assets : ₹15,150 Mil (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Aban Offshore Total Assets?

Aban Offshore's Total Assets for the quarter that ended in Mar. 2024 was ₹15,150 Mil.

During the past 12 months, Aban Offshore's average Total Assets Growth Rate was -6.00% per year. During the past 3 years, the average Total Assets Growth Rate was -32.00% per year. During the past 5 years, the average Total Assets Growth Rate was -36.40% per year. During the past 10 years, the average Total Assets Growth Rate was -26.00% per year.

During the past 13 years, Aban Offshore's highest 3-Year average Total Assets Growth Rate was 187.30%. The lowest was -41.30%. And the median was -0.20%.

Total Assets is connected with ROA %. Aban Offshore's annualized ROA % for the quarter that ended in Mar. 2024 was -89.81%. Total Assets is also linked to Revenue through Asset Turnover. Aban Offshore's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Aban Offshore Total Assets Historical Data

The historical data trend for Aban Offshore'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.

* Premium members only.

Aban Offshore Total Assets Chart

Aban Offshore Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

60,106.29

46,192.83

29,683.99

17,401.18

15,150.37

Aban Offshore Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															17,401.18	-	15,913.83	-	15,150.37

Aban Offshore 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.

Aban Offshore's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	-238719.19	+	253869.56
	=	15,150

Aban Offshore's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	-238719.19	+	253869.56
	=	15,150

Aban Offshore (NSE:ABAN) Total Assets Explanation

Total Assets is connected with ROA %.

Aban Offshore's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-13605.84	/	( (0	+	15150.37)	/ 1 )
	=	-13605.84	/	15150.37
	=	-89.81 %

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.

Aban Offshore's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1374.68	/	( (0	+	15150.37)	/ 1 )
=	1374.68	/	15150.37
=	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.

Aban Offshore Total Assets Related Terms

Thank you for viewing the detailed overview of Aban Offshore's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Aban Offshore (NSE:ABAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aban Offshore Ltd (NSE:ABAN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

523204:India

Address

Pantheon Road, 113, Janpriya Crest, Egmore, Chennai, TN, IND, 600 008

Website

https://www.abanoffshore.com

Aban Offshore Ltd is an Indian company engaged in the business of offshore drilling services. Its services include exploratory services, drilling services, production of hydrocarbons and manning and management. The business also owns and wind turbines for the generation of wind power in India. It generates maximum revenue from drilling services. Aban serves South East Asia, South Asia, Latin America, West Africa, and the Middle East.

Aban Offshore (NSE:ABAN) Headlines

No Headlines