ADFS (American Defense Systems) Total Assets: $1.76 Mil (As of Sep. 2012)


What is American Defense Systems Total Assets?

American Defense Systems ADFS Total Assets is $1.76 Mil as of Sep. 2012.

American Defense Systems's Total Assets for the quarter that ended in Sep. 2012 was $1.76 Mil.

Total Assets is connected with ROA %. American Defense Systems's annualized ROA % for the quarter that ended in Sep. 2012 was -15.35%. Total Assets is also linked to Revenue through Asset Turnover. American Defense Systems's Asset Turnover for the quarter that ended in Sep. 2012 was 0.80.

American Defense Systems  (OTCPK:ADFS) Total Assets Explanation

Total Assets is connected with ROA %.

American Defense Systems'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 )
=-0.308/( (2.253+1.761)/ 2 )
=-0.308/2.007
=-15.35 %

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.

American Defense Systems'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 )
=1.601/( (2.253+1.761)/ 2 )
=1.601/2.007
=0.80

* 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.

American Defense Systems Total Assets Related Terms

American Defense Systems Total Assets Historical Data

* Premium members only.

The historical data trend for American Defense Systems'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.

American Defense Systems Total Assets Chart

American Defense Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Assets
Get a 7-Day Free Trial 23.56 24.94 17.53 9.77 3.12

American Defense Systems Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.88 3.12 2.10 2.25 1.76

American Defense Systems 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.

American Defense Systems'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 )
=-0.235+3.35
=3.12

American Defense Systems'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 )
=-0.796+2.557
=1.76

* 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 $1.76 Mil mean?
American Defense Systems (ADFS) has a Total Assets of $1.76 Mil as of Sep. 2012. The total amount of assets as recorded on a company's balance sheet. View historical data on American Defense Systems and its competitors.
Is American Defense Systems' Total Assets too high?
American Defense Systems' current Total Assets is $1.76 Mil.
How does American Defense Systems' Total Assets compare to ASDN and MKRS?
American Defense Systems' Total Assets of $1.76 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Total Assets depends on the Aerospace & Defense 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 American Defense Systems and its competitors. American Defense Systems's current Total Assets is $1.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Defense Systems stock overvalued right now?
American Defense Systems (ADFS) has a current Total Assets of $1.76 Mil. The current Total Assets is $1.76 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 American Defense Systems (ADFS), the current Total Assets is $1.76 Mil as of Sep. 2012. 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.

American Defense Systems Business Description

Address 3440 Toringdon way, suite 205, Room 218, Charlotte, NC, USA, 28277
American Defense Systems Inc is a defense and security products company engaged in three business areas: customized transparent and opaque armor solutions; architectural hardening and perimeter defense and tactical training products and services. It serves US government agencies, general contractors and other commercial and private entities operating in high-threat locations.