Puration (Puration) Total Assets : $1.79 Mil (As of Sep. 2007)

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What is Puration Total Assets?

Puration's Total Assets for the quarter that ended in Sep. 2007 was $1.79 Mil.

Total Assets is connected with ROA %. Puration's annualized ROA % for the quarter that ended in Sep. 2007 was -113.41%. Total Assets is also linked to Revenue through Asset Turnover. Puration's Asset Turnover for the quarter that ended in Sep. 2007 was 0.00.

Puration Total Assets Historical Data

The historical data trend for Puration'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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Puration Total Assets Chart

Puration Annual Data

Trend

Dec04

Dec05

Dec06

Total Assets

0.02

2.90

Puration Quarterly Data
	Sep03	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Total Assets	Get a 7-Day Free Trial										2.29	2.90	2.70	2.25	1.79

Puration 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.

Puration's Total Assets for the fiscal year that ended in Dec. 2006 is calculated as

Total Assets	=	Total Equity (A: Dec. 2006 )	+	Total Liabilities (A: Dec. 2006 )
	=	1.399	+	1.506
	=	2.91

Puration's Total Assets for the quarter that ended in Sep. 2007 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2007 )	+	Total Liabilities (Q: Sep. 2007 )
	=	0.127	+	1.66
	=	1.79

Puration (OTCPK:PURA) Total Assets Explanation

Total Assets is connected with ROA %.

Puration's annualized ROA % for the quarter that ended in Sep. 2007 is

ROA %	=	Net Income (Q: Sep. 2007 )	/	( (Total Assets (Q: Jun. 2007 )	+	Total Assets (Q: Sep. 2007 ))	/ count )
	=	-2.292	/	( (2.254	+	1.788)	/ 2 )
	=	-2.292	/	2.021
	=	-113.41 %

Note: The Net Income data used here is four times the quarterly (Sep. 2007) 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.

Puration's Asset Turnover for the quarter that ended in Sep. 2007 is

	Asset Turnover
=	Revenue (Q: Sep. 2007 )	/	( (Total Assets (Q: Jun. 2007 )	+	Total Assets (Q: Sep. 2007 ))	/ count )
=	0	/	( (2.254	+	1.788)	/ 2 )
=	0	/	2.021
=	0.00

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.

Puration Total Assets Related Terms

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Puration (Puration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Puration Inc (OTCPK:PURA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1584 County Road 613, Farmersville, TX, USA, 75442

Website

https://www.purationinc.com

Puration Inc is engaged in the business of researching, designing, developing, producing, marketing and distributing products and systems to improve the quality of the water used daily by people around the world. The company designs and produces personal use water filter bottles and other containers and also has developed its proprietary technology for water filtration and purification. It derives its revenue from the selling of water filtration products.

Executives

Robert Howard Nelson

officer: Chief Financial Officer

1613 EAST 15TH STREET, TULSA OK 74120