Affinity Beverage Group (Affinity Beverage Group) Total Assets : $1.95 Mil (As of Sep. 2006)

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What is Affinity Beverage Group Total Assets?

Affinity Beverage Group's Total Assets for the quarter that ended in Sep. 2006 was $1.95 Mil.

Total Assets is connected with ROA %. Affinity Beverage Group's annualized ROA % for the quarter that ended in Sep. 2006 was -440.45%. Total Assets is also linked to Revenue through Asset Turnover. Affinity Beverage Group's Asset Turnover for the quarter that ended in Sep. 2006 was 0.00.

Affinity Beverage Group Total Assets Historical Data

The historical data trend for Affinity Beverage 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.

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Affinity Beverage Group Total Assets Chart

Affinity Beverage Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Total Assets

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5.49

9.25

8.55

Affinity Beverage Group Quarterly Data
	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
Total Assets	Get a 7-Day Free Trial															9.09	8.55	8.49	8.42	1.95

Affinity Beverage 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.

Affinity Beverage Group's Total Assets for the fiscal year that ended in Dec. 2005 is calculated as

Total Assets	=	Total Equity (A: Dec. 2005 )	+	Total Liabilities (A: Dec. 2005 )
	=	5.583	+	2.969
	=	8.55

Affinity Beverage Group's Total Assets for the quarter that ended in Sep. 2006 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2006 )	+	Total Liabilities (Q: Sep. 2006 )
	=	0.21	+	1.74
	=	1.95

Affinity Beverage Group (GREY:ABVG) Total Assets Explanation

Total Assets is connected with ROA %.

Affinity Beverage Group's annualized ROA % for the quarter that ended in Sep. 2006 is

ROA %	=	Net Income (Q: Sep. 2006 )	/	( (Total Assets (Q: Jun. 2006 )	+	Total Assets (Q: Sep. 2006 ))	/ count )
	=	-22.844	/	( (8.423	+	1.95)	/ 2 )
	=	-22.844	/	5.1865
	=	-440.45 %

Note: The Net Income data used here is four times the quarterly (Sep. 2006) 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.

Affinity Beverage Group's Asset Turnover for the quarter that ended in Sep. 2006 is

	Asset Turnover
=	Revenue (Q: Sep. 2006 )	/	( (Total Assets (Q: Jun. 2006 )	+	Total Assets (Q: Sep. 2006 ))	/ count )
=	0	/	( (8.423	+	1.95)	/ 2 )
=	0	/	5.1865
=	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.

Affinity Beverage Group Total Assets Related Terms

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Affinity Beverage Group (Affinity Beverage Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Affinity Beverage Group Inc (GREY:ABVG) » Definitions » Total Assets

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N/A

Address

2360 Corporate Circle, Suite 400, Henderson, NV, USA, 89074

Website

http://www.affinitybeverage.com

Affinity Beverage Group Inc is focused on branded consumer product acquisition opportunities in the health and wellness sector. The company primarily targets lifestyle brands, companies, and exclusive brand distribution rights focusing on traditional and non-traditional, healthy beverage options. It will also seek opportunities in young brands specializing in all natural/organic foods, bio-food, supplements and personal care products for strategic partnerships, distribution agreements, and potential acquisition.

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