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


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What is Aamaxan Transport Group Total Assets?

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 Total Assets Historical Data

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.

* Premium members only.

Aamaxan Transport Group Total Assets Chart

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

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


Aamaxan Transport Group  (GREY: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

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Traded in Other Exchanges
N/A
Address
31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Website
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.

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