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Carson Development (Carson Development) Total Assets : $3.78 Mil (As of Sep. 2002)


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What is Carson Development Total Assets?

Carson Development's Total Assets for the quarter that ended in Sep. 2002 was $3.78 Mil.

Total Assets is connected with ROA %. Carson Development's annualized ROA % for the quarter that ended in Sep. 2002 was -102.06%. Total Assets is also linked to Revenue through Asset Turnover. Carson Development's Asset Turnover for the quarter that ended in Sep. 2002 was 0.43.


Carson Development Total Assets Historical Data

The historical data trend for Carson Development'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.

Carson Development Total Assets Chart

Carson Development Annual Data
Trend Dec99 Dec00 Dec01
Total Assets
11.91 0.26 -

Carson Development Quarterly Data
Mar99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 - - 3.31 3.78

Carson Development 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.

Carson Development's Total Assets for the fiscal year that ended in Dec. 2001 is calculated as

Total Assets=Total Equity (A: Dec. 2001 )+Total Liabilities (A: Dec. 2001 )
=-0.288+0.291
=0.00

Carson Development's Total Assets for the quarter that ended in Sep. 2002 is calculated as

Total Assets=Total Equity (Q: Sep. 2002 )+Total Liabilities (Q: Sep. 2002 )
=-3.819+7.597
=3.78

* 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.


Carson Development  (OTCPK:CDVM) Total Assets Explanation

Total Assets is connected with ROA %.

Carson Development's annualized ROA % for the quarter that ended in Sep. 2002 is

ROA %=Net Income (Q: Sep. 2002 )/( (Total Assets (Q: Jun. 2002 )+Total Assets (Q: Sep. 2002 ))/ count )
=-3.616/( (3.308+3.778)/ 2 )
=-3.616/3.543
=-102.06 %

Note: The Net Income data used here is four times the quarterly (Sep. 2002) 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.

Carson Development's Asset Turnover for the quarter that ended in Sep. 2002 is

Asset Turnover
=Revenue (Q: Sep. 2002 )/( (Total Assets (Q: Jun. 2002 )+Total Assets (Q: Sep. 2002 ))/ count )
=1.517/( (3.308+3.778)/ 2 )
=1.517/3.543
=0.43

* 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.

Carson Development Total Assets Related Terms

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Carson Development (Carson Development) Business Description

Traded in Other Exchanges
N/A
Address
6917 West 135th Street, Suite B-29, Overland Park, KS, USA, 66223
Carson Development Corp is a Real Estate company. It includes the purchase of raw ground, developing the ground, constructing homes-apartment complexes-shopping centers-businesses, and then managing the property once it is complete.

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