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Asia Carbon Industries (Asia Carbon Industries) Total Assets : $40.62 Mil (As of Jun. 2013)


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What is Asia Carbon Industries Total Assets?

Asia Carbon Industries's Total Assets for the quarter that ended in Jun. 2013 was $40.62 Mil.

Total Assets is connected with ROA %. Asia Carbon Industries's annualized ROA % for the quarter that ended in Jun. 2013 was 6.21%. Total Assets is also linked to Revenue through Asset Turnover. Asia Carbon Industries's Asset Turnover for the quarter that ended in Jun. 2013 was 0.14.


Asia Carbon Industries Total Assets Historical Data

The historical data trend for Asia Carbon Industries'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.

Asia Carbon Industries Total Assets Chart

Asia Carbon Industries Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Total Assets
16.61 25.44 34.30 39.81

Asia Carbon Industries Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.64 39.55 39.81 39.60 40.62

Asia Carbon Industries 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.

Asia Carbon Industries's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Assets=Total Equity (A: Dec. 2012 )+Total Liabilities (A: Dec. 2012 )
=35.571+4.237
=39.81

Asia Carbon Industries's Total Assets for the quarter that ended in Jun. 2013 is calculated as

Total Assets=Total Equity (Q: Jun. 2013 )+Total Liabilities (Q: Jun. 2013 )
=37.437+3.187
=40.62

* 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.


Asia Carbon Industries  (OTCPK:ACRB) Total Assets Explanation

Total Assets is connected with ROA %.

Asia Carbon Industries's annualized ROA % for the quarter that ended in Jun. 2013 is

ROA %=Net Income (Q: Jun. 2013 )/( (Total Assets (Q: Mar. 2013 )+Total Assets (Q: Jun. 2013 ))/ count )
=2.492/( (39.599+40.624)/ 2 )
=2.492/40.1115
=6.21 %

Note: The Net Income data used here is four times the quarterly (Jun. 2013) 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.

Asia Carbon Industries's Asset Turnover for the quarter that ended in Jun. 2013 is

Asset Turnover
=Revenue (Q: Jun. 2013 )/( (Total Assets (Q: Mar. 2013 )+Total Assets (Q: Jun. 2013 ))/ count )
=5.487/( (39.599+40.624)/ 2 )
=5.487/40.1115
=0.14

* 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.

Asia Carbon Industries Total Assets Related Terms

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Asia Carbon Industries (Asia Carbon Industries) Business Description

Traded in Other Exchanges
N/A
Address
Xi Gu Nan Street, Qing Xu County Taiyuan, Shanxi Province, Taiyuan City, CHN, 030407
Asia Carbon Industries Inc is a United States based company, through its subsidiary, manufactures carbon black products under the Great Double Star brand and other by-products. The company manufactures one soft and two hard carbon black products, called N660, N330, and N220, respectively.

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