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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Total Assets : $97.20 Mil (As of Sep. 2015)


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What is Global-Tech Advanced Innovations Total Assets?

Global-Tech Advanced Innovations's Total Assets for the quarter that ended in Sep. 2015 was $97.20 Mil.

Total Assets is connected with ROA %. Global-Tech Advanced Innovations's annualized ROA % for the quarter that ended in Sep. 2015 was -6.69%. Total Assets is also linked to Revenue through Asset Turnover. Global-Tech Advanced Innovations's Asset Turnover for the quarter that ended in Sep. 2015 was 0.37.


Global-Tech Advanced Innovations Total Assets Historical Data

The historical data trend for Global-Tech Advanced Innovations'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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Global-Tech Advanced Innovations Total Assets Chart

Global-Tech Advanced Innovations Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.94 109.04 108.23 99.67 94.98

Global-Tech Advanced Innovations Semi-Annual Data
Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Mar09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.83 99.67 100.66 94.98 97.20

Global-Tech Advanced Innovations 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.

Global-Tech Advanced Innovations's Total Assets for the fiscal year that ended in Mar. 2015 is calculated as

Total Assets=Total Equity (A: Mar. 2015 )+Total Liabilities (A: Mar. 2015 )
=59.312+35.672
=94.98

Global-Tech Advanced Innovations's Total Assets for the quarter that ended in Sep. 2015 is calculated as

Total Assets=Total Equity (Q: Sep. 2015 )+Total Liabilities (Q: Sep. 2015 )
=55.156+42.047
=97.20

* 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.


Global-Tech Advanced Innovations  (NAS:GAI) Total Assets Explanation

Total Assets is connected with ROA %.

Global-Tech Advanced Innovations's annualized ROA % for the quarter that ended in Sep. 2015 is

ROA %=Net Income (Q: Sep. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=-6.43/( (94.984+97.203)/ 2 )
=-6.43/96.0935
=-6.69 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2015) 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.

Global-Tech Advanced Innovations's Asset Turnover for the quarter that ended in Sep. 2015 is

Asset Turnover
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=35.43/( (94.984+97.203)/ 2 )
=35.43/96.0935
=0.37

* 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.

Global-Tech Advanced Innovations Total Assets Related Terms

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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Business Description

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Address
Global-Tech Advanced Innovations Inc was organized as an international business company under the laws of the British Virgin Islands on May 2, 1991 and became a publicly traded entity on April 7, 1998. The Company was an exporter of small electrical appliances to North American and European markets. The Company produces complementary metal oxide semiconductor camera modules for sale to cellular phone manufacturers. The Company also comprises immaterial product lines and development programs. It continues to acquire new technologies in an effort to expand its capabilities in manufacturing finished products and components. Its patents are registered in various jurisdictions, including the United States, the United Kingdom, China and France. It competes with established companies in Hong Kong and China, a number of which have substantially greater technical, financial and marketing resources. Competition for contract manufacturing products is based on unit price, product quality and availability and service. Its operations and assets in China are subject to significant political, economic, legal and other uncertainties.

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