Lumos Networks (Lumos Networks) Total Assets : $759.0 Mil (As of Sep. 2017)

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What is Lumos Networks Total Assets?

Lumos Networks's Total Assets for the quarter that ended in Sep. 2017 was $759.0 Mil.

Total Assets is connected with ROA %. Lumos Networks's annualized ROA % for the quarter that ended in Sep. 2017 was -0.24%. Total Assets is also linked to Revenue through Asset Turnover. Lumos Networks's Asset Turnover for the quarter that ended in Sep. 2017 was 0.07.

Lumos Networks Total Assets Historical Data

The historical data trend for Lumos Networks'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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Lumos Networks Total Assets Chart

Lumos Networks Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Total Assets

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516.52

606.30

611.81

745.37

753.37

Lumos Networks Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Total Assets	Get a 7-Day Free Trial															753.70	753.37	757.15	758.96	759.01

Lumos Networks 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.

Lumos Networks's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets	=	Total Equity (A: Dec. 2016 )	+	Total Liabilities (A: Dec. 2016 )
	=	136.06	+	617.312
	=	753.4

Lumos Networks's Total Assets for the quarter that ended in Sep. 2017 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2017 )	+	Total Liabilities (Q: Sep. 2017 )
	=	140.794	+	618.22
	=	759.0

Lumos Networks (NAS:LMOS) Total Assets Explanation

Total Assets is connected with ROA %.

Lumos Networks's annualized ROA % for the quarter that ended in Sep. 2017 is

ROA %	=	Net Income (Q: Sep. 2017 )	/	( (Total Assets (Q: Jun. 2017 )	+	Total Assets (Q: Sep. 2017 ))	/ count )
	=	-1.812	/	( (758.957	+	759.014)	/ 2 )
	=	-1.812	/	758.9855
	=	-0.24 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) 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.

Lumos Networks's Asset Turnover for the quarter that ended in Sep. 2017 is

	Asset Turnover
=	Revenue (Q: Sep. 2017 )	/	( (Total Assets (Q: Jun. 2017 )	+	Total Assets (Q: Sep. 2017 ))	/ count )
=	55.61	/	( (758.957	+	759.014)	/ 2 )
=	55.61	/	758.9855
=	0.07

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.

Lumos Networks Total Assets Related Terms

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Lumos Networks (Lumos Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Lumos Networks Corp (NAS:LMOS) » Definitions » Total Assets

Comparable Companies

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Address

Website

http://www.lumosnetworks.com

Lumos Networks Corp is a fiber-based bandwidth infrastructure and service provider in the Mid-Atlantic region. It provides services to carrier and enterprise customers, including healthcare providers, local government agencies, financial institutions and educational institutions. The principal products and services of the group include Multiprotocol Label Switching based Ethernet, Metro Ethernet, Fiber to the Cell site wireless backhaul and data transport services, wavelength transport services and IP services. The company operates through three segments Data, Residential and Small Business, and RLEC Access of which data segment accounts for major revenue source which include enterprise data, transport and Fiber to the Cell product groups.

Executives

Peter D Aquino	director	MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Shawn Francis Odonnell	director	120 ALBANY STREET SUITE 450, TOWER II NEW BRUNSWICK NJ 08901
Robert E Guth	director	750 THIRD AVENUE NEW YORK NY 10017
Jerry E Vaughn	director	US UNWIRED INC 901 LAKESHORE DRIVE LAKE CHARLES LA 70601
Michael Sicoli	director	196 VAN BUREN STREET HERNDON VA 20170
Julia B North	director	1170 PEACHTREE STR NE, SUITE 2300, ATLANTA GA 30309
Quadrangle Select Partners Ii L P	10 percent owner	375 PARK AVE, NEW YORK NY 10152
Quadrangle Capital Partners Ii-a L P	10 percent owner	375 PARK AVE, NEW YORK NY 10152
Quadrangle Gp Investors Ii Lp	10 percent owner	C/O QUADRANGLE GROUP LLC, 375 PARK AVENUE, NEW YORK NY 10152
Qcp Gp Investors Ii Llc	10 percent owner	C/O QUADRANGLE GROUP LLC, 1271 AVENUE OF THE AMERICAS, SUITE 43A, NEW YORK NY 10020
Harold L Covert	officer: EVP, CFO & Treasurer	400 NORTH MCCARTHY BLVD, MILPITAS CA 95035

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