Atlas African Industries (LSE:AAI) Total Assets : £5.12 Mil (As of Jun. 2016)

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What is Atlas African Industries Total Assets?

Atlas African Industries's Total Assets for the quarter that ended in Jun. 2016 was £5.12 Mil.

Total Assets is connected with ROA %. Atlas African Industries's annualized ROA % for the quarter that ended in Jun. 2016 was -21.13%. Total Assets is also linked to Revenue through Asset Turnover. Atlas African Industries's Asset Turnover for the quarter that ended in Jun. 2016 was 0.00.

Atlas African Industries Total Assets Historical Data

The historical data trend for Atlas African Industries'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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Atlas African Industries Total Assets Chart

Atlas African Industries Annual Data

Trend

Dec11

Dec12

Jun13

Jun14

Total Assets

2.58

4.46

6.47

11.41

Atlas African Industries Semi-Annual Data
	Dec11	Dec12	Dec13	Jun14	Dec14	Jun16
Total Assets	Get a 7-Day Free Trial			4.46	9.99	11.41	22.40	5.12

Atlas African Industries 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.

Atlas African Industries's Total Assets for the fiscal year that ended in Jun. 2014 is calculated as

Total Assets	=	Total Equity (A: Jun. 2014 )	+	Total Liabilities (A: Jun. 2014 )
	=	11.182	+	0.223
	=	11.41

Atlas African Industries's Total Assets for the quarter that ended in Jun. 2016 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2016 )	+	Total Liabilities (Q: Jun. 2016 )
	=	4.547	+	0.574
	=	5.12

Atlas African Industries (LSE:AAI) Total Assets Explanation

Total Assets is connected with ROA %.

Atlas African Industries's annualized ROA % for the quarter that ended in Jun. 2016 is

ROA %	=	Net Income (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2014 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
	=	-2.908	/	( (22.398	+	5.121)	/ 2 )
	=	-2.908	/	13.7595
	=	-21.13 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Atlas African Industries's Asset Turnover for the quarter that ended in Jun. 2016 is

	Asset Turnover
=	Revenue (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2014 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
=	0.044	/	( (22.398	+	5.121)	/ 2 )
=	0.044	/	13.7595
=	0.00

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.

Atlas African Industries Total Assets Related Terms

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Atlas African Industries (LSE:AAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Atlas African Industries Ltd (LSE:AAI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.atlassupport.com

Atlas African Industries Ltd, formerly known as Atlas Development & Support Services Ltd, was incorporated in Guernsey under the Law on December 5, 2012. The Company has a Joint Venture agreement with Ethiopian conglomerate Orchid Group to provide services in civil engineering and project management offering into industrial projects. The Company's operates in industrial division and support services division. Its 100% owned subsidiary, East Africa Packaging Holdings, is focused glass bottle manufacturing facility 45km north of Addis Ababa, Ethiopia known as the Chancho Project. The Chancho Project is in feasibility stage with a defined development strategy to construct and operate a glass bottle manufacturing facility. The JV provides services to clients in the natural resource development and infrastructure sectors, through civil engineering, project management, work-force accommodation solutions and on-going life support services.

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