Patient Access Solutions (Patient Access Solutions) Total Assets : $1.56 Mil (As of Jul. 2008)

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What is Patient Access Solutions Total Assets?

Patient Access Solutions's Total Assets for the quarter that ended in Jul. 2008 was $1.56 Mil.

Total Assets is connected with ROA %. Patient Access Solutions's annualized ROA % for the quarter that ended in Jul. 2008 was -802.75%. Total Assets is also linked to Revenue through Asset Turnover. Patient Access Solutions's Asset Turnover for the quarter that ended in Jul. 2008 was 0.07.

Patient Access Solutions Total Assets Historical Data

The historical data trend for Patient Access Solutions'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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Patient Access Solutions Total Assets Chart

Patient Access Solutions Annual Data

Trend

Oct06

Oct07

Oct08

Total Assets

0.02

0.98

Patient Access Solutions Quarterly Data
	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08
Total Assets	Get a 7-Day Free Trial			-	-	-	1.36	1.56

Patient Access Solutions 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.

Patient Access Solutions's Total Assets for the fiscal year that ended in Oct. 2008 is calculated as

Total Assets	=	Total Equity (A: Oct. 2008 )	+	Total Liabilities (A: Oct. 2008 )
	=	-0.908	+	1.893
	=	0.99

Patient Access Solutions's Total Assets for the quarter that ended in Jul. 2008 is calculated as

Total Assets	=	Total Equity (Q: Jul. 2008 )	+	Total Liabilities (Q: Jul. 2008 )
	=	-0.056	+	1.611
	=	1.56

Patient Access Solutions (OTCPK:PASO) Total Assets Explanation

Total Assets is connected with ROA %.

Patient Access Solutions's annualized ROA % for the quarter that ended in Jul. 2008 is

ROA %	=	Net Income (Q: Jul. 2008 )	/	( (Total Assets (Q: Apr. 2008 )	+	Total Assets (Q: Jul. 2008 ))	/ count )
	=	-11.688	/	( (1.357	+	1.555)	/ 2 )
	=	-11.688	/	1.456
	=	-802.75 %

Note: The Net Income data used here is four times the quarterly (Jul. 2008) 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.

Patient Access Solutions's Asset Turnover for the quarter that ended in Jul. 2008 is

	Asset Turnover
=	Revenue (Q: Jul. 2008 )	/	( (Total Assets (Q: Apr. 2008 )	+	Total Assets (Q: Jul. 2008 ))	/ count )
=	0.1	/	( (1.357	+	1.555)	/ 2 )
=	0.1	/	1.456
=	0.07

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.

Patient Access Solutions Total Assets Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patient Access Solutions Inc (OTCPK:PASO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725

Website

http://www.pashealth.com

Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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