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HQ Global Education (HQ Global Education) Total Assets : $79.73 Mil (As of Nov. 2011)


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What is HQ Global Education Total Assets?

HQ Global Education's Total Assets for the quarter that ended in Nov. 2011 was $79.73 Mil.

Total Assets is connected with ROA %. HQ Global Education's annualized ROA % for the quarter that ended in Nov. 2011 was 29.80%. Total Assets is also linked to Revenue through Asset Turnover. HQ Global Education's Asset Turnover for the quarter that ended in Nov. 2011 was 0.24.


HQ Global Education Total Assets Historical Data

The historical data trend for HQ Global Education'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.

HQ Global Education Total Assets Chart

HQ Global Education Annual Data
Trend Feb08 Feb09 Aug10
Total Assets
0.02 0.02 46.56

HQ Global Education Quarterly Data
Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11
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 57.68 62.91 69.04 69.35 79.73

HQ Global Education 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.

HQ Global Education's Total Assets for the fiscal year that ended in Aug. 2010 is calculated as

Total Assets=Total Equity (A: Aug. 2010 )+Total Liabilities (A: Aug. 2010 )
=40.649+5.908
=46.56

HQ Global Education's Total Assets for the quarter that ended in Nov. 2011 is calculated as

Total Assets=Total Equity (Q: Nov. 2011 )+Total Liabilities (Q: Nov. 2011 )
=66.29+13.442
=79.73

* 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.


HQ Global Education  (OTCPK:HQGE) Total Assets Explanation

Total Assets is connected with ROA %.

HQ Global Education's annualized ROA % for the quarter that ended in Nov. 2011 is

ROA %=Net Income (Q: Nov. 2011 )/( (Total Assets (Q: Aug. 2011 )+Total Assets (Q: Nov. 2011 ))/ count )
=22.216/( (69.346+79.732)/ 2 )
=22.216/74.539
=29.80 %

Note: The Net Income data used here is four times the quarterly (Nov. 2011) 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.

HQ Global Education's Asset Turnover for the quarter that ended in Nov. 2011 is

Asset Turnover
=Revenue (Q: Nov. 2011 )/( (Total Assets (Q: Aug. 2011 )+Total Assets (Q: Nov. 2011 ))/ count )
=17.912/( (69.346+79.732)/ 2 )
=17.912/74.539
=0.24

* 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.

HQ Global Education Total Assets Related Terms

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HQ Global Education (HQ Global Education) Business Description

Traded in Other Exchanges
N/A
Address
333 City Boulevard West, Suite 1700, Orange, CA, USA, 92868
HQ Global Education Inc is the provider of comprehensive film and TV production services. The company offers a wide array of film and TV production resources for small Indie productions through to full theatrical projects. Its products and services include film and television; producing; financing; and optioning.

HQ Global Education (HQ Global Education) Headlines

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