PASSUR Aerospace (PASSUR Aerospace) Total Assets : $2.14 Mil (As of Jul. 2022)

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What is PASSUR Aerospace Total Assets?

PASSUR Aerospace's Total Assets for the quarter that ended in Jul. 2022 was $2.14 Mil.

Total Assets is connected with ROA %. PASSUR Aerospace's annualized ROA % for the quarter that ended in Jul. 2022 was -256.17%. Total Assets is also linked to Revenue through Asset Turnover. PASSUR Aerospace's Asset Turnover for the quarter that ended in Jul. 2022 was 0.64.

PASSUR Aerospace Total Assets Historical Data

The historical data trend for PASSUR Aerospace'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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PASSUR Aerospace Total Assets Chart

PASSUR Aerospace Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Total Assets

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17.81

15.21

14.45

5.34

3.84

PASSUR Aerospace Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
Total Assets	Get a 7-Day Free Trial															4.95	3.84	2.62	2.52	2.14

PASSUR Aerospace 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.

PASSUR Aerospace's Total Assets for the fiscal year that ended in Oct. 2021 is calculated as

Total Assets	=	Total Equity (A: Oct. 2021 )	+	Total Liabilities (A: Oct. 2021 )
	=	-11.042	+	14.879
	=	3.84

PASSUR Aerospace's Total Assets for the quarter that ended in Jul. 2022 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2022 )	+	Total Liabilities (Q: Jul. 2022 )
	=	-14.083	+	16.218
	=	2.14

PASSUR Aerospace (OTCPK:PSSR) Total Assets Explanation

Total Assets is connected with ROA %.

PASSUR Aerospace's annualized ROA % for the quarter that ended in Jul. 2022 is

ROA %	=	Net Income (Q: Jul. 2022 )	/	( (Total Assets (Q: Apr. 2022 )	+	Total Assets (Q: Jul. 2022 ))	/ count )
	=	-5.956	/	( (2.515	+	2.135)	/ 2 )
	=	-5.956	/	2.325
	=	-256.17 %

Note: The Net Income data used here is four times the quarterly (Jul. 2022) 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.

PASSUR Aerospace's Asset Turnover for the quarter that ended in Jul. 2022 is

	Asset Turnover
=	Revenue (Q: Jul. 2022 )	/	( (Total Assets (Q: Apr. 2022 )	+	Total Assets (Q: Jul. 2022 ))	/ count )
=	1.484	/	( (2.515	+	2.135)	/ 2 )
=	1.484	/	2.325
=	0.64

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.

PASSUR Aerospace Total Assets Related Terms

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PASSUR Aerospace (PASSUR Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » PASSUR Aerospace Inc (OTCPK:PSSR) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

One Landmark Square, Suite 1905, Stamford, CT, USA, 06901

Website

https://www.passur.com

PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.

Executives

Allison O'neill	officer: Exec. VP Finance & Admin	883 INMAN VILLAGE PARKWAY, ATLANTA GA 30307
Richard L Haver	director	C/O PASSUR AEROSPACE, INC., ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Robert M. Stafford	director	C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Michael Owen Hulley	director	ONE LANDMARK SQUARE, SUITE 1900, STAMFORD NY 06901
Michael P. Schumaecker	director	BOX 205, ORLEANS MA 02653
Sean L Doherty	officer: Exec. VP Finance & Admin	34 MILSON CRESCENT, GUELPH A6 N1C1G9
Michael Henne	officer: Chief Commercial Officer	ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Brian Gerald Cook	director	840 ST. JOHNS AVE., GREEN COVE SPRINGS FL 32043
John Franklin Thomas	director	25 BURR DRIVE, NEEDHAM MA 02492
Ronald Rose	director
David Mackenzie Henderson	officer: See Remarks	ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
David Brukman	officer: Chief Technology Officer	6 WATCH HILL DR., GREENWICH CT 06831
Keith D. Wichman	officer: VP-Airline Solutions/Product	C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STANFORD CT 06901
William S. Leber	officer: VP of Air-Traffic Innovations	C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE SUITE 1900, STANFORD CT 06901
Thomas Scott White	officer: Senior VP ATM & Technology	C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STANFORD CT 06901