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InterAmerican Gaming (InterAmerican Gaming) Total Assets : $0.08 Mil (As of Sep. 2012)


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What is InterAmerican Gaming Total Assets?

InterAmerican Gaming's Total Assets for the quarter that ended in Sep. 2012 was $0.08 Mil.

Total Assets is connected with ROA %. InterAmerican Gaming's annualized ROA % for the quarter that ended in Sep. 2012 was -970.54%. Total Assets is also linked to Revenue through Asset Turnover. InterAmerican Gaming's Asset Turnover for the quarter that ended in Sep. 2012 was 0.00.


InterAmerican Gaming Total Assets Historical Data

The historical data trend for InterAmerican Gaming'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.

InterAmerican Gaming Total Assets Chart

InterAmerican Gaming Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 0.42 - 0.02 0.08

InterAmerican Gaming Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.02 0.03 0.11 0.17 0.08

InterAmerican Gaming 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.

InterAmerican Gaming's Total Assets for the fiscal year that ended in Sep. 2012 is calculated as

Total Assets=Total Equity (A: Sep. 2012 )+Total Liabilities (A: Sep. 2012 )
=-0.881+0.965
=0.08

InterAmerican Gaming's Total Assets for the quarter that ended in Sep. 2012 is calculated as

Total Assets=Total Equity (Q: Sep. 2012 )+Total Liabilities (Q: Sep. 2012 )
=-0.881+0.965
=0.08

* 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.


InterAmerican Gaming  (OTCPK:IAGM) Total Assets Explanation

Total Assets is connected with ROA %.

InterAmerican Gaming's annualized ROA % for the quarter that ended in Sep. 2012 is

ROA %=Net Income (Q: Sep. 2012 )/( (Total Assets (Q: Jun. 2012 )+Total Assets (Q: Sep. 2012 ))/ count )
=-1.252/( (0.174+0.084)/ 2 )
=-1.252/0.129
=-970.54 %

Note: The Net Income data used here is four times the quarterly (Sep. 2012) 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.

InterAmerican Gaming's Asset Turnover for the quarter that ended in Sep. 2012 is

Asset Turnover
=Revenue (Q: Sep. 2012 )/( (Total Assets (Q: Jun. 2012 )+Total Assets (Q: Sep. 2012 ))/ count )
=0/( (0.174+0.084)/ 2 )
=0/0.129
=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.

InterAmerican Gaming Total Assets Related Terms

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InterAmerican Gaming (InterAmerican Gaming) Business Description

Traded in Other Exchanges
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Address
InterAmerican Gaming, Inc., was incorporated on 2 September 1999 in the State of Nevada. The Company develops international gaming operations. The Company leased video lottery terminal slot machines from a related party and began deploying the assets in non-owned gaming locations. In 2009, the Company installed slot machines at Fantasy Club Del Peru SA locations, operating under various brands throughout the country Slot City in Chiclayo, Colibri Dorado in Chincha and Monos Dorados in Huacho and Huaral.

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