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Clone Algo Technologies (Clone Algo Technologies) Total Assets : $2.25 Mil (As of Apr. 2015)


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What is Clone Algo Technologies Total Assets?

Clone Algo Technologies's Total Assets for the quarter that ended in Apr. 2015 was $2.25 Mil.

Total Assets is connected with ROA %. Clone Algo Technologies's annualized ROA % for the quarter that ended in Apr. 2015 was -93.58%. Total Assets is also linked to Revenue through Asset Turnover. Clone Algo Technologies's Asset Turnover for the quarter that ended in Apr. 2015 was 0.02.


Clone Algo Technologies Total Assets Historical Data

The historical data trend for Clone Algo Technologies'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.

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Clone Algo Technologies Total Assets Chart

Clone Algo Technologies Annual Data
Trend Jul13
Total Assets
0.09

Clone Algo Technologies Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
Total Assets Get a 7-Day Free Trial 0.03 0.02 1.29 2.36 2.25

Clone Algo Technologies 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.

Clone Algo Technologies's Total Assets for the fiscal year that ended in Jul. 2013 is calculated as

Total Assets=Total Equity (A: Jul. 2013 )+Total Liabilities (A: Jul. 2013 )
=0.082+0.004
=0.09

Clone Algo Technologies's Total Assets for the quarter that ended in Apr. 2015 is calculated as

Total Assets=Total Equity (Q: Apr. 2015 )+Total Liabilities (Q: Apr. 2015 )
=1.795+0.455
=2.25

* 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.


Clone Algo Technologies  (OTCPK:CATI) Total Assets Explanation

Total Assets is connected with ROA %.

Clone Algo Technologies's annualized ROA % for the quarter that ended in Apr. 2015 is

ROA %=Net Income (Q: Apr. 2015 )/( (Total Assets (Q: Jan. 2015 )+Total Assets (Q: Apr. 2015 ))/ count )
=-2.156/( (2.357+2.251)/ 2 )
=-2.156/2.304
=-93.58 %

Note: The Net Income data used here is four times the quarterly (Apr. 2015) 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.

Clone Algo Technologies's Asset Turnover for the quarter that ended in Apr. 2015 is

Asset Turnover
=Revenue (Q: Apr. 2015 )/( (Total Assets (Q: Jan. 2015 )+Total Assets (Q: Apr. 2015 ))/ count )
=0.05/( (2.357+2.251)/ 2 )
=0.05/2.304
=0.02

* 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.

Clone Algo Technologies Total Assets Related Terms

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Clone Algo Technologies (Clone Algo Technologies) Business Description

Traded in Other Exchanges
N/A
Address
10300 West Charleston Boulevard, Suite 13-438, Las Vegas, NV, USA, 89135
Clone Algo Technologies Inc is a shell company.

Clone Algo Technologies (Clone Algo Technologies) Headlines

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