CELV (Preferred Commerce) Total Assets : $0.49 Mil (As of Nov. 2015)

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What is Preferred Commerce Total Assets?

Preferred Commerce's Total Assets for the quarter that ended in Nov. 2015 was $0.49 Mil.

Total Assets is connected with ROA %. Preferred Commerce's annualized ROA % for the quarter that ended in Nov. 2015 was -412.95%. Total Assets is also linked to Revenue through Asset Turnover. Preferred Commerce's Asset Turnover for the quarter that ended in Nov. 2015 was 0.56.

Preferred Commerce Total Assets Historical Data

The historical data trend for Preferred Commerce'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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Preferred Commerce Total Assets Chart

Preferred Commerce Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Nov14

Nov15

Total Assets

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0.39

0.49

Preferred Commerce Semi-Annual Data
	Nov07	Nov08	Nov09	Nov10	Nov14	Nov15
Total Assets	Get a 7-Day Free Trial			-	-	-	0.39	0.49

Preferred Commerce 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.

Preferred Commerce's Total Assets for the fiscal year that ended in Nov. 2015 is calculated as

Total Assets	=	Total Equity (A: Nov. 2015 )	+	Total Liabilities (A: Nov. 2015 )
	=	-9.339	+	9.827
	=	0.49

Preferred Commerce's Total Assets for the quarter that ended in Nov. 2015 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2015 )	+	Total Liabilities (Q: Nov. 2015 )
	=	-9.339	+	9.827
	=	0.49

Preferred Commerce (OTCPK:CELV) Total Assets Explanation

Total Assets is connected with ROA %.

Preferred Commerce's annualized ROA % for the quarter that ended in Nov. 2015 is

ROA %	=	Net Income (Q: Nov. 2015 )	/	( (Total Assets (Q: Nov. 2014 )	+	Total Assets (Q: Nov. 2015 ))	/ count )
	=	-1.817	/	( (0.392	+	0.488)	/ 2 )
	=	-1.817	/	0.44
	=	-412.95 %

Note: The Net Income data used here is one times the annual (Nov. 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.

Preferred Commerce's Asset Turnover for the quarter that ended in Nov. 2015 is

	Asset Turnover
=	Revenue (Q: Nov. 2015 )	/	( (Total Assets (Q: Nov. 2014 )	+	Total Assets (Q: Nov. 2015 ))	/ count )
=	0.247	/	( (0.392	+	0.488)	/ 2 )
=	0.247	/	0.44
=	0.56

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.

Preferred Commerce Total Assets Related Terms

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Preferred Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Preferred Commerce Inc (OTCPK:CELV) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

3260 Fairline Farms Road, Unit No. 1, Wellington, FL, USA, 33414

Website

http://www.preferredcommerce.com

Preferred Commerce Inc is focused on health and wellness products with main product being Thriv5. Thriv5 products contain Superoxide Dismutase (SOD) combined with antioxidants, soluble corn fiber and other ingredients that help the human body regenerate healthy cells and strengthen the immune system. The company is promoting the product through retail stores, online sales, and social media.