Towerstream (Towerstream) Total Assets : $18.42 Mil (As of Dec. 2018)

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What is Towerstream Total Assets?

Towerstream's Total Assets for the quarter that ended in Dec. 2018 was $18.42 Mil.

Total Assets is connected with ROA %. Towerstream's annualized ROA % for the quarter that ended in Dec. 2018 was -54.19%. Total Assets is also linked to Revenue through Asset Turnover. Towerstream's Asset Turnover for the quarter that ended in Dec. 2018 was 0.31.

Towerstream Total Assets Historical Data

The historical data trend for Towerstream'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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Towerstream Total Assets Chart

Towerstream Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Assets

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82.32

47.03

34.39

26.46

18.42

Towerstream Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Total Assets	Get a 7-Day Free Trial															26.46	23.25	21.44	19.58	18.42

Towerstream 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.

Towerstream's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (A: Dec. 2018 )	+	Total Liabilities (A: Dec. 2018 )
	=	-24.44	+	42.859
	=	18.42

Towerstream's Total Assets for the quarter that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2018 )	+	Total Liabilities (Q: Dec. 2018 )
	=	-24.44	+	42.859
	=	18.42

Towerstream (OTCPK:TWER) Total Assets Explanation

Total Assets is connected with ROA %.

Towerstream's annualized ROA % for the quarter that ended in Dec. 2018 is

ROA %	=	Net Income (Q: Dec. 2018 )	/	( (Total Assets (Q: Sep. 2018 )	+	Total Assets (Q: Dec. 2018 ))	/ count )
	=	-10.296	/	( (19.58	+	18.419)	/ 2 )
	=	-10.296	/	18.9995
	=	-54.19 %

Note: The Net Income data used here is four times the quarterly (Dec. 2018) 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.

Towerstream's Asset Turnover for the quarter that ended in Dec. 2018 is

	Asset Turnover
=	Revenue (Q: Dec. 2018 )	/	( (Total Assets (Q: Sep. 2018 )	+	Total Assets (Q: Dec. 2018 ))	/ count )
=	5.836	/	( (19.58	+	18.419)	/ 2 )
=	5.836	/	18.9995
=	0.31

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.

Towerstream Total Assets Related Terms

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Towerstream (Towerstream) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Towerstream Corp (OTCPK:TWER) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Hammarlund Way, Middletown, RI, USA, 02842

Website

http://www.towerstream.com

Towerstream Corp is a US-based company providing fixed wireless services. The company operates through the Fixed Wireless Services business segment. Its fixed wireless service provides bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. The company installs receivers and antennas on rooftops to establish a wireless connection between the customer Location to one or more of its points of presence.

Executives

William John Bush	director	539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Paul Koehler	director	C/O TOWERSTREAM CORPORATION, 55 HAMMARLUND WAY, MIDDLETOWN RI 02842
Don Macneil	director	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Ernest Ortega	officer: Chief Executive Officer	18934 CANOE LANDING COURT, LEESBURG VA 20176
Jeffrey M Thompson	director, officer: President and CEO	5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph P Hernon	officer: Chief Financial Officer	1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Kilguss George E Iii	officer: Chief Financial Officer	C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190