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Cornerstone Financial (Cornerstone Financial) Total Assets : $383.18 Mil (As of Mar. 2012)


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What is Cornerstone Financial Total Assets?

Cornerstone Financial's Total Assets for the quarter that ended in Mar. 2012 was $383.18 Mil.

Total Assets is connected with ROA %. Cornerstone Financial's annualized ROA % for the quarter that ended in Mar. 2012 was -0.41%. Total Assets is also linked to Revenue through Asset Turnover. Cornerstone Financial's Asset Turnover for the quarter that ended in Mar. 2012 was 0.01.


Cornerstone Financial Total Assets Historical Data

The historical data trend for Cornerstone Financial'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.

Cornerstone Financial Total Assets Chart

Cornerstone Financial Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Assets
Get a 7-Day Free Trial Premium Member Only 212.51 247.54 306.14 354.02 383.79

Cornerstone Financial Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 356.20 375.06 390.42 383.79 383.18

Cornerstone Financial 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.

Cornerstone Financial's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets=Total Equity (A: Dec. 2011 )+Total Liabilities (A: Dec. 2011 )
=19.067+364.718
=383.79

Cornerstone Financial's Total Assets for the quarter that ended in Mar. 2012 is calculated as

Total Assets=Total Equity (Q: Mar. 2012 )+Total Liabilities (Q: Mar. 2012 )
=18.133+365.051
=383.18

* 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.


Cornerstone Financial  (OTCPK:CFIC) Total Assets Explanation

Total Assets is connected with ROA %.

Cornerstone Financial's annualized ROA % for the quarter that ended in Mar. 2012 is

ROA %=Net Income (Q: Mar. 2012 )/( (Total Assets (Q: Dec. 2011 )+Total Assets (Q: Mar. 2012 ))/ count )
=-1.58/( (383.785+383.184)/ 2 )
=-1.58/383.4845
=-0.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2012) 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.

Cornerstone Financial's Asset Turnover for the quarter that ended in Mar. 2012 is

Asset Turnover
=Revenue (Q: Mar. 2012 )/( (Total Assets (Q: Dec. 2011 )+Total Assets (Q: Mar. 2012 ))/ count )
=3.396/( (383.785+383.184)/ 2 )
=3.396/383.4845
=0.01

* 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.

Cornerstone Financial Total Assets Related Terms

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Cornerstone Financial (Cornerstone Financial) Business Description

Traded in Other Exchanges
N/A
Address
6000 Midlantic Drive, Suite 120S, Mount Laurel, NJ, USA, 08054
Cornerstone Financial Corp provides a range of lending, deposit, and financial products. It emphasizes commercial real estate and commercial lending to small businesses and professionals. It offers savings, business lending, mobile banking, online banking, and other services.

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