AAXT (Aamaxan Transport Group) Total Assets: $33.83 Mil (As of Jun. 2008)


What is Aamaxan Transport Group Total Assets?

Aamaxan Transport Group AAXT Total Assets is $33.83 Mil as of Jun. 2008.

Aamaxan Transport Group's Total Assets for the quarter that ended in Jun. 2008 was $33.83 Mil.

Total Assets is connected with ROA %. Aamaxan Transport Group's annualized ROA % for the quarter that ended in Jun. 2008 was 23.99%. Total Assets is also linked to Revenue through Asset Turnover. Aamaxan Transport Group's Asset Turnover for the quarter that ended in Jun. 2008 was 0.37.

Aamaxan Transport Group  (OTCPK:AAXT) Total Assets Explanation

Total Assets is connected with ROA %.

Aamaxan Transport Group's annualized ROA % for the quarter that ended in Jun. 2008 is

ROA %=Net Income (Q: Jun. 2008 )/( (Total Assets (Q: Jan. 2008 )+Total Assets (Q: Jun. 2008 ))/ count )
=6.324/( (18.904+33.828)/ 2 )
=6.324/26.366
=23.99 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) 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.

Aamaxan Transport Group's Asset Turnover for the quarter that ended in Jun. 2008 is

Asset Turnover
=Revenue (Q: Jun. 2008 )/( (Total Assets (Q: Jan. 2008 )+Total Assets (Q: Jun. 2008 ))/ count )
=9.781/( (18.904+33.828)/ 2 )
=9.781/26.366
=0.37

* 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.

Aamaxan Transport Group Total Assets Related Terms

Aamaxan Transport Group Total Assets Historical Data

* Premium members only.

The historical data trend for Aamaxan Transport Group'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.

Aamaxan Transport Group Total Assets Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Total Assets
0.00 0.00

Aamaxan Transport Group Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 18.90 33.83

Aamaxan Transport Group 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.

Aamaxan Transport Group's Total Assets for the fiscal year that ended in Jan. 2007 is calculated as

Total Assets=Total Equity (A: Jan. 2007 )+Total Liabilities (A: Jan. 2007 )
=-0.042+0.043
=0.00

Aamaxan Transport Group's Total Assets for the quarter that ended in Jun. 2008 is calculated as

Total Assets=Total Equity (Q: Jun. 2008 )+Total Liabilities (Q: Jun. 2008 )
=16.005+17.823
=33.83

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $33.83 Mil mean?
Aamaxan Transport Group (AAXT) has a Total Assets of $33.83 Mil as of Jun. 2008. The total amount of assets as recorded on a company's balance sheet. View historical data on Aamaxan Transport Group and its competitors.
Is Aamaxan Transport Group's Total Assets too high?
Aamaxan Transport Group's current Total Assets is $33.83 Mil.
How does Aamaxan Transport Group's Total Assets compare to SDON and ASKH?
Aamaxan Transport Group's Total Assets of $33.83 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial Services industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Aamaxan Transport Group and its competitors. Aamaxan Transport Group's current Total Assets is $33.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aamaxan Transport Group stock overvalued right now?
Aamaxan Transport Group (AAXT) has a current Total Assets of $33.83 Mil. The current Total Assets is $33.83 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Aamaxan Transport Group (AAXT), the current Total Assets is $33.83 Mil as of Jun. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aamaxan Transport Group Business Description

Address 31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.