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SofTech (SofTech) Total Assets : $2.58 Mil (As of Nov. 2016)


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What is SofTech Total Assets?

SofTech's Total Assets for the quarter that ended in Nov. 2016 was $2.58 Mil.

Total Assets is connected with ROA %. SofTech's annualized ROA % for the quarter that ended in Nov. 2016 was 352.88%. Total Assets is also linked to Revenue through Asset Turnover. SofTech's Asset Turnover for the quarter that ended in Nov. 2016 was 0.22.


SofTech Total Assets Historical Data

The historical data trend for SofTech'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.

SofTech Total Assets Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.55 7.71 4.72 3.29 3.12

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 3.55 3.45 3.12 3.26 2.58

SofTech 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.

SofTech's Total Assets for the fiscal year that ended in May. 2016 is calculated as

Total Assets=Total Equity (A: May. 2016 )+Total Liabilities (A: May. 2016 )
=0.12+2.995
=3.12

SofTech's Total Assets for the quarter that ended in Nov. 2016 is calculated as

Total Assets=Total Equity (Q: Nov. 2016 )+Total Liabilities (Q: Nov. 2016 )
=1.306+1.274
=2.58

* 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.


SofTech  (OTCPK:SOFT) Total Assets Explanation

Total Assets is connected with ROA %.

SofTech's annualized ROA % for the quarter that ended in Nov. 2016 is

ROA %=Net Income (Q: Nov. 2016 )/( (Total Assets (Q: Aug. 2016 )+Total Assets (Q: Nov. 2016 ))/ count )
=10.304/( (3.26+2.58)/ 2 )
=10.304/2.92
=352.88 %

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

SofTech's Asset Turnover for the quarter that ended in Nov. 2016 is

Asset Turnover
=Revenue (Q: Nov. 2016 )/( (Total Assets (Q: Aug. 2016 )+Total Assets (Q: Nov. 2016 ))/ count )
=0.637/( (3.26+2.58)/ 2 )
=0.637/2.92
=0.22

* 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.

SofTech Total Assets Related Terms

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SofTech (SofTech) Business Description

Traded in Other Exchanges
N/A
Address
650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.
Executives
Joseph Patrick Daly 10 percent owner 497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper director

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