AMMX (AmeraMex International) Total Assets: $13.08 Mil (As of Mar. 2023)


AMMX AmeraMex International Inc AMMX
12 GF Score
Price $0.17
View Full Analysis

What is AmeraMex International Total Assets?

AmeraMex International AMMX +1.13% 12 Total Assets is $13.08 Mil as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

AmeraMex International's Total Assets for the quarter that ended in Mar. 2023 was $13.08 Mil.

Total Assets is connected with ROA %. AmeraMex International's annualized ROA % for the quarter that ended in Mar. 2023 was 3.09%. Total Assets is also linked to Revenue through Asset Turnover. AmeraMex International's Asset Turnover for the quarter that ended in Mar. 2023 was 0.25.

AmeraMex International  (OTCPK:AMMX) Total Assets Explanation

Total Assets is connected with ROA %.

AmeraMex International's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=0.404/( (13.085+13.076)/ 2 )
=0.404/13.0805
=3.09 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) 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.

AmeraMex International's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=3.209/( (13.085+13.076)/ 2 )
=3.209/13.0805
=0.25

* 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.

AmeraMex International Total Assets Related Terms

AmeraMex International Total Assets Historical Data

* Premium members only.

The historical data trend for AmeraMex International'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.

AmeraMex International Total Assets Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial 9.71 11.45 12.52 10.79 13.09

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 12.62 14.93 14.35 13.09 13.08
AMMX
12GF Score
AmeraMex International Inc AMMX
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AmeraMex International 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.

AmeraMex International's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=4.222+8.863
=13.09

AmeraMex International's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=4.058+9.018
=13.08

* 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 $13.08 Mil mean?
AmeraMex International (AMMX) has a Total Assets of $13.08 Mil as of Mar. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on AmeraMex International and its competitors.
Is AmeraMex International's Total Assets too high?
AmeraMex International's current Total Assets is $13.08 Mil. Overall, AmeraMex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does AmeraMex International's Total Assets compare to PTRAQ and CEAD?
AmeraMex International's Total Assets of $13.08 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Total Assets depends on the Farm & Heavy Construction Machinery 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 AmeraMex International and its competitors. AmeraMex International's current Total Assets is $13.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmeraMex International stock overvalued right now?
AmeraMex International (AMMX) has a current Total Assets of $13.08 Mil. The current Total Assets is $13.08 Mil. AmeraMex International's overall GF Score™ is 12/100. 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 AmeraMex International (AMMX), the current Total Assets is $13.08 Mil as of Mar. 2023. 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.

AmeraMex International Business Description

Address 3930 Esplanade, Chico, CA, USA, 95973
AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries, including construction, shipping, logistics, mining, commercial farming, logging, forestry conservation, and lumber. The company's key product line is specialized container handling equipment for the loading and unloading of container ships and dry dock areas.
12GF Score

Get the complete analysis for AMMX

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.17
Price