ASFX (American Scientific Resources) Total Assets: $1.26 Mil (As of Sep. 2011)


What is American Scientific Resources Total Assets?

American Scientific Resources ASFX -96.67% Total Assets is $1.26 Mil as of Sep. 2011.

American Scientific Resources's Total Assets for the quarter that ended in Sep. 2011 was $1.26 Mil.

Total Assets is connected with ROA %. American Scientific Resources's annualized ROA % for the quarter that ended in Sep. 2011 was -249.01%. Total Assets is also linked to Revenue through Asset Turnover. American Scientific Resources's Asset Turnover for the quarter that ended in Sep. 2011 was 0.35.

American Scientific Resources  (OTCPK:ASFX) Total Assets Explanation

Total Assets is connected with ROA %.

American Scientific Resources's annualized ROA % for the quarter that ended in Sep. 2011 is

ROA %=Net Income (Q: Sep. 2011 )/( (Total Assets (Q: Sep. 2010 )+Total Assets (Q: Sep. 2011 ))/ count )
=-3.14/( (0+1.261)/ 1 )
=-3.14/1.261
=-249.01 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) 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 Scientific Resources's Asset Turnover for the quarter that ended in Sep. 2011 is

Asset Turnover
=Revenue (Q: Sep. 2011 )/( (Total Assets (Q: Sep. 2010 )+Total Assets (Q: Sep. 2011 ))/ count )
=0.44/( (0+1.261)/ 1 )
=0.44/1.261
=0.35

* 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 Scientific Resources Total Assets Related Terms

American Scientific Resources Total Assets Historical Data

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The historical data trend for American Scientific Resources'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 Scientific Resources Total Assets Chart

American Scientific Resources Annual Data
Trend
Total Assets

American Scientific Resources Quarterly Data
Sep10 Sep11
Total Assets 0.00 1.26

American Scientific Resources 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 Scientific Resources's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets=Total Equity (A: . 20 )+Total Liabilities (A: . 20 )
=N/A+N/A
=N/A

American Scientific Resources's Total Assets for the quarter that ended in Sep. 2011 is calculated as

Total Assets=Total Equity (Q: Sep. 2011 )+Total Liabilities (Q: Sep. 2011 )
=-7.954+9.216
=1.26

* 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 $1.26 Mil mean?
American Scientific Resources (ASFX) has a Total Assets of $1.26 Mil as of Sep. 2011. The total amount of assets as recorded on a company's balance sheet. View historical data on American Scientific Resources and its competitors.
Is American Scientific Resources' Total Assets too high?
American Scientific Resources' current Total Assets is $1.26 Mil.
How does American Scientific Resources' Total Assets compare to GNID and QTXB?
American Scientific Resources' Total Assets of $1.26 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Total Assets depends on the Medical Devices & Instruments 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 Scientific Resources and its competitors. American Scientific Resources's current Total Assets is $1.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Scientific Resources stock overvalued right now?
American Scientific Resources (ASFX) has a current Total Assets of $1.26 Mil. The current Total Assets is $1.26 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 Scientific Resources (ASFX), the current Total Assets is $1.26 Mil as of Sep. 2011. 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 Scientific Resources Business Description