Providence Resources (Providence Resources) Total Assets : $1.05 Mil (As of Dec. 2012)

Providence Resources Total Assets Chart

Providence Resources Annual Data
	Trend	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Total Assets		Get a 7-Day Free Trial					14.03	10.03	10.34	1.04	1.05

Providence Resources Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Total Assets	Get a 7-Day Free Trial								14.03	10.03	10.34	1.04	1.05

Providence Resources 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.

Providence Resources's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

Providence Resources's Total Assets for the quarter that ended in Dec. 2012 is calculated as

* 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.

Providence Resources  (OTCPK:PVRS) Total Assets Explanation

Total Assets is connected with ROA %.

Providence Resources's annualized ROA % for the quarter that ended in Dec. 2012 is

Note: The Net Income data used here is one times the annual (Dec. 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.

Providence Resources's Asset Turnover for the quarter that ended in Dec. 2012 is

* 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.

Providence Resources Total Assets Related Terms

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Providence Resources (Providence Resources) Business Description