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Allegiant Professional Business Services (Allegiant Professional Business Services) Total Assets : $3.13 Mil (As of Dec. 2008)


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What is Allegiant Professional Business Services Total Assets?

Allegiant Professional Business Services's Total Assets for the quarter that ended in Dec. 2008 was $3.13 Mil.

Total Assets is connected with ROA %. Allegiant Professional Business Services's annualized ROA % for the quarter that ended in Dec. 2008 was -170.48%. Total Assets is also linked to Revenue through Asset Turnover. Allegiant Professional Business Services's Asset Turnover for the quarter that ended in Dec. 2008 was 0.32.


Allegiant Professional Business Services Total Assets Historical Data

The historical data trend for Allegiant Professional Business Services'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.

Allegiant Professional Business Services Total Assets Chart

Allegiant Professional Business Services Annual Data
Trend Sep05 Sep06 Sep07 Sep08
Total Assets
0.01 0.07 - 4.18

Allegiant Professional Business Services Quarterly Data
Sep05 Dec05 Mar06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 6.37 4.70 4.18 3.13

Allegiant Professional Business Services 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.

Allegiant Professional Business Services's Total Assets for the fiscal year that ended in Sep. 2008 is calculated as

Total Assets=Total Equity (A: Sep. 2008 )+Total Liabilities (A: Sep. 2008 )
=-3.216+7.398
=4.18

Allegiant Professional Business Services's Total Assets for the quarter that ended in Dec. 2008 is calculated as

Total Assets=Total Equity (Q: Dec. 2008 )+Total Liabilities (Q: Dec. 2008 )
=-4.774+7.902
=3.13

* 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.


Allegiant Professional Business Services  (OTCPK:APRO) Total Assets Explanation

Total Assets is connected with ROA %.

Allegiant Professional Business Services's annualized ROA % for the quarter that ended in Dec. 2008 is

ROA %=Net Income (Q: Dec. 2008 )/( (Total Assets (Q: Sep. 2008 )+Total Assets (Q: Dec. 2008 ))/ count )
=-6.232/( (4.183+3.128)/ 2 )
=-6.232/3.6555
=-170.48 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Allegiant Professional Business Services's Asset Turnover for the quarter that ended in Dec. 2008 is

Asset Turnover
=Revenue (Q: Dec. 2008 )/( (Total Assets (Q: Sep. 2008 )+Total Assets (Q: Dec. 2008 ))/ count )
=1.163/( (4.183+3.128)/ 2 )
=1.163/3.6555
=0.32

* 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.

Allegiant Professional Business Services Total Assets Related Terms

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Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Traded in Other Exchanges
N/A
Address
11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128
Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.
Executives
James M Cassidy 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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