Poseidon Concepts (TSX:PSN) Total Assets : C$201.8 Mil (As of Sep. 2012)

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What is Poseidon Concepts Total Assets?

Poseidon Concepts's Total Assets for the quarter that ended in Sep. 2012 was C$201.8 Mil.

Total Assets is connected with ROA %. Poseidon Concepts's annualized ROA % for the quarter that ended in Sep. 2012 was 15.88%. Total Assets is also linked to Revenue through Asset Turnover. Poseidon Concepts's Asset Turnover for the quarter that ended in Sep. 2012 was 0.21.

Poseidon Concepts Total Assets Historical Data

The historical data trend for Poseidon Concepts'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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Poseidon Concepts Total Assets Chart

Poseidon Concepts Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Total Assets

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97.52

151.10

209.01

231.99

102.88

Poseidon Concepts Quarterly Data
	Dec06	Dec07	Dec08	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Total Assets	Get a 7-Day Free Trial										319.70	102.88	142.21	192.76	201.78

Poseidon Concepts 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.

Poseidon Concepts's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets	=	Total Equity (A: Dec. 2011 )	+	Total Liabilities (A: Dec. 2011 )
	=	18.728	+	84.156
	=	102.9

Poseidon Concepts's Total Assets for the quarter that ended in Sep. 2012 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2012 )	+	Total Liabilities (Q: Sep. 2012 )
	=	107.495	+	94.286
	=	201.8

Poseidon Concepts (TSX:PSN) Total Assets Explanation

Total Assets is connected with ROA %.

Poseidon Concepts's annualized ROA % for the quarter that ended in Sep. 2012 is

ROA %	=	Net Income (Q: Sep. 2012 )	/	( (Total Assets (Q: Jun. 2012 )	+	Total Assets (Q: Sep. 2012 ))	/ count )
	=	31.328	/	( (192.759	+	201.781)	/ 2 )
	=	31.328	/	197.27
	=	15.88 %

Note: The Net Income data used here is four times the quarterly (Sep. 2012) 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.

Poseidon Concepts's Asset Turnover for the quarter that ended in Sep. 2012 is

	Asset Turnover
=	Revenue (Q: Sep. 2012 )	/	( (Total Assets (Q: Jun. 2012 )	+	Total Assets (Q: Sep. 2012 ))	/ count )
=	41.116	/	( (192.759	+	201.781)	/ 2 )
=	41.116	/	197.27
=	0.21

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.

Poseidon Concepts Total Assets Related Terms

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