Axios Mobile Assets (Axios Mobile Assets) Total Assets : $17.44 Mil (As of Sep. 2016)

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What is Axios Mobile Assets Total Assets?

Axios Mobile Assets's Total Assets for the quarter that ended in Sep. 2016 was $17.44 Mil.

Total Assets is connected with ROA %. Axios Mobile Assets's annualized ROA % for the quarter that ended in Sep. 2016 was -72.45%. Total Assets is also linked to Revenue through Asset Turnover. Axios Mobile Assets's Asset Turnover for the quarter that ended in Sep. 2016 was 0.04.

Axios Mobile Assets Total Assets Historical Data

The historical data trend for Axios Mobile Assets'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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Axios Mobile Assets Total Assets Chart

Axios Mobile Assets Annual Data

Trend

Sep08

Sep09

Sep10

Dec11

Dec12

Dec13

Dec14

Dec15

Total Assets

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4.45

7.31

6.02

6.21

18.93

Axios Mobile Assets Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Total Assets	Get a 7-Day Free Trial															9.29	18.93	16.74	16.18	17.44

Axios Mobile Assets 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.

Axios Mobile Assets's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets	=	Total Equity (A: Dec. 2015 )	+	Total Liabilities (A: Dec. 2015 )
	=	13.486	+	5.439
	=	18.93

Axios Mobile Assets's Total Assets for the quarter that ended in Sep. 2016 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2016 )	+	Total Liabilities (Q: Sep. 2016 )
	=	6.295	+	11.148
	=	17.44

Axios Mobile Assets (OTCPK:AXBSF) Total Assets Explanation

Total Assets is connected with ROA %.

Axios Mobile Assets's annualized ROA % for the quarter that ended in Sep. 2016 is

ROA %	=	Net Income (Q: Sep. 2016 )	/	( (Total Assets (Q: Jun. 2016 )	+	Total Assets (Q: Sep. 2016 ))	/ count )
	=	-12.18	/	( (16.181	+	17.443)	/ 2 )
	=	-12.18	/	16.812
	=	-72.45 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) 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.

Axios Mobile Assets's Asset Turnover for the quarter that ended in Sep. 2016 is

	Asset Turnover
=	Revenue (Q: Sep. 2016 )	/	( (Total Assets (Q: Jun. 2016 )	+	Total Assets (Q: Sep. 2016 ))	/ count )
=	0.713	/	( (16.181	+	17.443)	/ 2 )
=	0.713	/	16.812
=	0.04

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.

Axios Mobile Assets Total Assets Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8

Website

http://www.axiosma.com

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

Axios Mobile Assets (Axios Mobile Assets) Headlines

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