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Detrex (Detrex) Total Assets : $21.32 Mil (As of Sep. 2017)


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What is Detrex Total Assets?

Detrex's Total Assets for the quarter that ended in Sep. 2017 was $21.32 Mil.

Total Assets is connected with ROA %. Detrex's annualized ROA % for the quarter that ended in Sep. 2017 was -2.30%. Total Assets is also linked to Revenue through Asset Turnover. Detrex's Asset Turnover for the quarter that ended in Sep. 2017 was 0.41.


Detrex Total Assets Historical Data

The historical data trend for Detrex'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.

Detrex Total Assets Chart

Detrex Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec13 Dec14 Dec15 Dec16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.27 30.16 24.00 22.33 22.53

Detrex Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 21.78 22.53 22.01 22.16 21.32

Detrex 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.

Detrex's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=11.064+11.461
=22.53

Detrex's Total Assets for the quarter that ended in Sep. 2017 is calculated as

Total Assets=Total Equity (Q: Sep. 2017 )+Total Liabilities (Q: Sep. 2017 )
=10.875+10.44
=21.32

* 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.


Detrex  (OTCPK:DTRX) Total Assets Explanation

Total Assets is connected with ROA %.

Detrex's annualized ROA % for the quarter that ended in Sep. 2017 is

ROA %=Net Income (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=-0.5/( (22.163+21.315)/ 2 )
=-0.5/21.739
=-2.30 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) 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.

Detrex's Asset Turnover for the quarter that ended in Sep. 2017 is

Asset Turnover
=Revenue (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=8.91/( (22.163+21.315)/ 2 )
=8.91/21.739
=0.41

* 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.

Detrex Total Assets Related Terms

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Detrex (Detrex) Business Description

Traded in Other Exchanges
N/A
Address
Detrex Corp manufactures specialty chemicals including petroleum additives and high purity hydrochloric acid through its wholly owned subsidiary, The Elco Corporation (Elco). It sells primarily to petrochemicals and industrial manufacturing companies. Elco's lubricant additives are used for enhancing the properties of hydraulic oils, metalworking fluids, gear oils, greases, and fuels. Elco's products are manufactured in Cleveland, Ohio and Ashtabula, Ohio and sold domestically through a direct sales force and globally through agents and distributors.

Detrex (Detrex) Headlines

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