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Wireless Xcessories Group (Wireless Xcessories Group) Total Assets : $8.48 Mil (As of Dec. 2007)


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What is Wireless Xcessories Group Total Assets?

Wireless Xcessories Group's Total Assets for the quarter that ended in Dec. 2007 was $8.48 Mil.

Total Assets is connected with ROA %. Wireless Xcessories Group's annualized ROA % for the quarter that ended in Dec. 2007 was 0.76%. Total Assets is also linked to Revenue through Asset Turnover. Wireless Xcessories Group's Asset Turnover for the quarter that ended in Dec. 2007 was 0.63.


Wireless Xcessories Group Total Assets Historical Data

The historical data trend for Wireless Xcessories Group'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.

Wireless Xcessories Group Total Assets Chart

Wireless Xcessories Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.34 5.30 7.33 8.03 8.48

Wireless Xcessories Group Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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 8.03 7.99 8.48 8.41 8.48

Wireless Xcessories Group 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.

Wireless Xcessories Group's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (A: Dec. 2007 )+Total Liabilities (A: Dec. 2007 )
=7.547+0.931
=8.48

Wireless Xcessories Group's Total Assets for the quarter that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (Q: Dec. 2007 )+Total Liabilities (Q: Dec. 2007 )
=7.547+0.931
=8.48

* 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.


Wireless Xcessories Group  (OTCPK:WIRX) Total Assets Explanation

Total Assets is connected with ROA %.

Wireless Xcessories Group's annualized ROA % for the quarter that ended in Dec. 2007 is

ROA %=Net Income (Q: Dec. 2007 )/( (Total Assets (Q: Sep. 2007 )+Total Assets (Q: Dec. 2007 ))/ count )
=0.064/( (8.41+8.478)/ 2 )
=0.064/8.444
=0.76 %

Note: The Net Income data used here is four times the quarterly (Dec. 2007) 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.

Wireless Xcessories Group's Asset Turnover for the quarter that ended in Dec. 2007 is

Asset Turnover
=Revenue (Q: Dec. 2007 )/( (Total Assets (Q: Sep. 2007 )+Total Assets (Q: Dec. 2007 ))/ count )
=5.329/( (8.41+8.478)/ 2 )
=5.329/8.444
=0.63

* 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.

Wireless Xcessories Group Total Assets Related Terms

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Wireless Xcessories Group (Wireless Xcessories Group) Business Description

Traded in Other Exchanges
N/A
Address
1840 County Line Road, Suite 212, Huntingdon Valley, PA, USA, 19006
Wireless Xcessories Group Inc is a supplier of accessories for wireless products, Bluetooth products, OEM products and pouches across the US and worldwide. Its typical customer is a multi-location dealer, master agent, franchiser, or distributor, located in Canada and the Caribbean. Its product line consists of more than 5,000 items covering over 200 different handsets. It sources, designs, creates and markets more than 30 category items.
Executives
Brazdley T Macdonald director 3316 SERENITY WAY, OWINGS MILLS MD 21117

Wireless Xcessories Group (Wireless Xcessories Group) Headlines

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