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Ecologix Resource Group (Ecologix Resource Group) Total Assets : $2.23 Mil (As of Sep. 2010)


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What is Ecologix Resource Group Total Assets?

Ecologix Resource Group's Total Assets for the quarter that ended in Sep. 2010 was $2.23 Mil.

Total Assets is connected with ROA %. Ecologix Resource Group's annualized ROA % for the quarter that ended in Sep. 2010 was 64.39%. Total Assets is also linked to Revenue through Asset Turnover. Ecologix Resource Group's Asset Turnover for the quarter that ended in Sep. 2010 was 0.00.


Ecologix Resource Group Total Assets Historical Data

The historical data trend for Ecologix Resource 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.

Ecologix Resource Group Total Assets Chart

Ecologix Resource Group Annual Data
Trend Dec07 Dec08 Dec09
Total Assets
0.04 0.02 2.18

Ecologix Resource Group Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 2.18 2.31 2.25 2.23

Ecologix Resource 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.

Ecologix Resource Group's Total Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Assets=Total Equity (A: Dec. 2009 )+Total Liabilities (A: Dec. 2009 )
=-2.834+5.014
=2.18

Ecologix Resource Group's Total Assets for the quarter that ended in Sep. 2010 is calculated as

Total Assets=Total Equity (Q: Sep. 2010 )+Total Liabilities (Q: Sep. 2010 )
=-9.115+11.341
=2.23

* 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.


Ecologix Resource Group  (OTCPK:EXRG) Total Assets Explanation

Total Assets is connected with ROA %.

Ecologix Resource Group's annualized ROA % for the quarter that ended in Sep. 2010 is

ROA %=Net Income (Q: Sep. 2010 )/( (Total Assets (Q: Jun. 2010 )+Total Assets (Q: Sep. 2010 ))/ count )
=1.44/( (2.246+2.227)/ 2 )
=1.44/2.2365
=64.39 %

Note: The Net Income data used here is four times the quarterly (Sep. 2010) 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.

Ecologix Resource Group's Asset Turnover for the quarter that ended in Sep. 2010 is

Asset Turnover
=Revenue (Q: Sep. 2010 )/( (Total Assets (Q: Jun. 2010 )+Total Assets (Q: Sep. 2010 ))/ count )
=0/( (2.246+2.227)/ 2 )
=0/2.2365
=0.00

* 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.

Ecologix Resource Group Total Assets Related Terms

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Ecologix Resource Group (Ecologix Resource Group) Business Description

Traded in Other Exchanges
N/A
Address
9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212
Website
Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

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