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Promithian Global Ventures (Promithian Global Ventures) Total Assets : $0.00 Mil (As of Dec. 2009)


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What is Promithian Global Ventures Total Assets?

Promithian Global Ventures's Total Assets for the quarter that ended in Dec. 2009 was $0.00 Mil.

Total Assets is connected with ROA %. Promithian Global Ventures's annualized ROA % for the quarter that ended in Dec. 2009 was N/A%. Total Assets is also linked to Revenue through Asset Turnover. Promithian Global Ventures's Asset Turnover for the quarter that ended in Dec. 2009 was N/A.

Promithian Global Ventures Total Assets Historical Data

The historical data trend for Promithian Global Ventures'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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Promithian Global Ventures Total Assets Chart

Promithian Global Ventures Annual Data
Trend Mar09
Total Assets
0.06

Promithian Global Ventures Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
Total Assets Get a 7-Day Free Trial 0.07 0.06 0.02 - -

Promithian Global Ventures 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.

Promithian Global Ventures's Total Assets for the fiscal year that ended in Mar. 2009 is calculated as

Total Assets=Total Equity (A: Mar. 2009 )+Total Liabilities (A: Mar. 2009 )
=0.051+0.004
=0.06

Promithian Global Ventures's Total Assets for the quarter that ended in Dec. 2009 is calculated as

Total Assets=Total Equity (Q: Dec. 2009 )+Total Liabilities (Q: Dec. 2009 )
=-0.039+0.039
=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.

Promithian Global Ventures  (OTCPK:PGVI) Total Assets Explanation

Total Assets is connected with ROA %.

Promithian Global Ventures's annualized ROA % for the quarter that ended in Dec. 2009 is

ROA %=Net Income (Q: Dec. 2009 )/( (Total Assets (Q: Sep. 2009 )+Total Assets (Q: Dec. 2009 ))/ count )
=-0.04/( (0+0)/ 1 )
=-0.04/N/A
=N/A %

Note: The Net Income data used here is four times the quarterly (Dec. 2009) 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.

Promithian Global Ventures's Asset Turnover for the quarter that ended in Dec. 2009 is

Asset Turnover
=Revenue (Q: Dec. 2009 )/( (Total Assets (Q: Sep. 2009 )+Total Assets (Q: Dec. 2009 ))/ count )
=0/( (0+0)/ 1 )
=0/N/A
=N/A

* 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.

Promithian Global Ventures Total Assets Related Terms

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Promithian Global Ventures (Promithian Global Ventures) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Promithian Global Ventures Inc (OTCPK:PGVI) » Definitions » Total Assets
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SZSE:000657 MFRISCOA-1 SHSE:603399 XAMS:AMG TSX:PDL SZSE:000969 ISX:ZINC SHSE:600331 PHS:NIKL SHSE:603979 SZSE:000795 XKRX:000670 SHSE:600531 ASX:NIC SZSE:002378 IST:KOZAA SZSE:002428 ASX:PRN SHSE:600961 SHSE:601020
Traded in Other Exchanges
N/A
Address
406 E. 300 S., Suite 149, Salt Lake City, UT, USA, 84111
Website
https://www.promithianglobalventures.com
Promithian Global Ventures Inc is a precious metals exploration, development, mining, and refining company. The company focuses on gold and silver assets in Nevada, USA, and Yukon, Canada. the company is currently having its aboso project going on where the focus is on gold mining and refining in different areas.

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