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Providence & Worcester Railroad Co (Providence & Worcester Railroad Co) Total Assets : $119.21 Mil (As of Jun. 2016)


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What is Providence & Worcester Railroad Co Total Assets?

Providence & Worcester Railroad Co's Total Assets for the quarter that ended in Jun. 2016 was $119.21 Mil.

Total Assets is connected with ROA %. Providence & Worcester Railroad Co's annualized ROA % for the quarter that ended in Jun. 2016 was 0.64%. Total Assets is also linked to Revenue through Asset Turnover. Providence & Worcester Railroad Co's Asset Turnover for the quarter that ended in Jun. 2016 was 0.07.


Providence & Worcester Railroad Co Total Assets Historical Data

The historical data trend for Providence & Worcester Railroad Co'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.

Providence & Worcester Railroad Co Total Assets Chart

Providence & Worcester Railroad Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.19 105.66 108.54 111.93 114.16

Providence & Worcester Railroad Co Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 111.62 112.88 114.16 112.00 119.21

Providence & Worcester Railroad Co 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 & Worcester Railroad Co's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=80.618+33.539
=114.16

Providence & Worcester Railroad Co'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 )
=79.532+39.68
=119.21

* 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 & Worcester Railroad Co  (NAS:PWX) Total Assets Explanation

Total Assets is connected with ROA %.

Providence & Worcester Railroad Co's annualized ROA % for the quarter that ended in Jun. 2016 is

ROA %=Net Income (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=0.74/( (111.996+119.212)/ 2 )
=0.74/115.604
=0.64 %

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

Providence & Worcester Railroad Co's Asset Turnover for the quarter that ended in Jun. 2016 is

Asset Turnover
=Revenue (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=8.6/( (111.996+119.212)/ 2 )
=8.6/115.604
=0.07

* 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 & Worcester Railroad Co Total Assets Related Terms

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Providence & Worcester Railroad Co (Providence & Worcester Railroad Co) Business Description

Traded in Other Exchanges
N/A
Address
Providence & Worcester Railroad Co commenced its operations in 1973. The Company is a short-line freight railroad as defined by the American Association of Railroads operating in Massachusetts, Rhode Island, Connecticut and New York. The Company is the only interstate freight carrier serving the State of Rhode Island. The Company services the international double-stack intermodal terminal facility in New England in Worcester, Massachusetts, a strategic location for regional transportation and distribution enterprises. The Company transports commodities for its customers, including automobiles, construction aggregates, iron and steel products, chemicals and plastics, lumber, scrap metals, plastic resins, cement, coal, construction and demolition debris, and processed foods and edible foodstuffs, such as corn syrup and vegetable oils. Its customers include Exxon Mobil Corporation, Ford Motor Company, Frito-Lay, Inc., Global LLP, GDF SUEZ Energy North America, International Paper Company, Lehigh Cement, Cargill, Inc., Northeast Utilities, Nucor Steel, Rawson Materials, Renewable Products Marketing Group, Subaru of New England, Tilcon Connecticut, Inc. and Toray Plastics, Inc. The Company competes with other carriers in the siting of new rail-oriented businesses in the region. The Company also competes with other modes of transportation, particularly long-haul trucking companies, for the transportation of commodities, and ocean-going vessels for the transportation of containers. The Company is subject to governmental regulation by the STB, the FRA, the Transportation Security Administration and other federal, state and local regulatory authorities with respect to certain rates and railroad operations, as well as a variety of health, safety, labor, environmental and other matters.
Executives
Daniel T Noreck officer: Treasurer and CFO 75 HAMMOND STREET, WORCESTER MA 01610
P Scott Conti director, officer: President and COO 75 HAMMOND STREET, WORCESTER MA 01610
Robert H Eder director, 10 percent owner, officer: Chief Executive Officer 5 STEEPLE STREET, #303, PROVIDENCE RI 02903
Linda Eder 10 percent owner 100 DEXTER ROAD, EAST PROVIDENCE RI 02914
Craig M Scott director 75 HAMMOND STREET, WORCESTER MA 01610
Stephen J Carlotti 10 percent owner 1500 FLEET CENTER, PROVIDENCE RI 02903
Merrill W Sherman director 131 CLARENDON STREET, BOSTON MA 02116

Providence & Worcester Railroad Co (Providence & Worcester Railroad Co) Headlines