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Cherubim Interests (Cherubim Interests) Total Assets : $0.51 Mil (As of May. 2017)


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What is Cherubim Interests Total Assets?

Cherubim Interests's Total Assets for the quarter that ended in May. 2017 was $0.51 Mil.

Total Assets is connected with ROA %. Cherubim Interests's annualized ROA % for the quarter that ended in May. 2017 was -21.48%. Total Assets is also linked to Revenue through Asset Turnover. Cherubim Interests's Asset Turnover for the quarter that ended in May. 2017 was 0.49.


Cherubim Interests Total Assets Historical Data

The historical data trend for Cherubim Interests'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.

Cherubim Interests Total Assets Chart

Cherubim Interests Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.22 0.22 0.04 0.02 0.83

Cherubim Interests Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 0.15 0.83 0.64 0.53 0.51

Cherubim Interests 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.

Cherubim Interests's Total Assets for the fiscal year that ended in Aug. 2016 is calculated as

Total Assets=Total Equity (A: Aug. 2016 )+Total Liabilities (A: Aug. 2016 )
=-2.017+2.847
=0.83

Cherubim Interests's Total Assets for the quarter that ended in May. 2017 is calculated as

Total Assets=Total Equity (Q: May. 2017 )+Total Liabilities (Q: May. 2017 )
=-1.321+1.834
=0.51

* 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.


Cherubim Interests  (OTCPK:CHIT) Total Assets Explanation

Total Assets is connected with ROA %.

Cherubim Interests's annualized ROA % for the quarter that ended in May. 2017 is

ROA %=Net Income (Q: May. 2017 )/( (Total Assets (Q: Feb. 2017 )+Total Assets (Q: May. 2017 ))/ count )
=-0.112/( (0.53+0.513)/ 2 )
=-0.112/0.5215
=-21.48 %

Note: The Net Income data used here is four times the quarterly (May. 2017) 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.

Cherubim Interests's Asset Turnover for the quarter that ended in May. 2017 is

Asset Turnover
=Revenue (Q: May. 2017 )/( (Total Assets (Q: Feb. 2017 )+Total Assets (Q: May. 2017 ))/ count )
=0.255/( (0.53+0.513)/ 2 )
=0.255/0.5215
=0.49

* 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.

Cherubim Interests Total Assets Related Terms

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Cherubim Interests (Cherubim Interests) Business Description

Traded in Other Exchanges
N/A
Address
1304 Norwood Drive, Bedford, TX, USA, 76022
Cherubim Interests Inc is a development stage company operates in real estate business. It focuses on alternative construction projects. The company specializes in covering the entire spectrum of development including due diligence, acquisition, planning, construction, renovation, and management; providing complete beginning-to-end development programs for mixed use, single, and multifamily projects and properties. Geographically, the activities are operated through the region of US.

Cherubim Interests (Cherubim Interests) Headlines

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