GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Comtex News Network Inc (OTCPK:CMTX) » Definitions » Total Assets

Comtex News Network (Comtex News Network) Total Assets : $2.91 Mil (As of Mar. 2010)


View and export this data going back to . Start your Free Trial

What is Comtex News Network Total Assets?

Comtex News Network's Total Assets for the quarter that ended in Mar. 2010 was $2.91 Mil.

Total Assets is connected with ROA %. Comtex News Network's annualized ROA % for the quarter that ended in Mar. 2010 was -25.66%. Total Assets is also linked to Revenue through Asset Turnover. Comtex News Network's Asset Turnover for the quarter that ended in Mar. 2010 was 0.64.


Comtex News Network Total Assets Historical Data

The historical data trend for Comtex News Network'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.

Comtex News Network Total Assets Chart

Comtex News Network Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 2.97 2.28 2.84 2.84

Comtex News Network Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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 2.66 2.84 3.16 3.04 2.91

Comtex News Network 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.

Comtex News Network's Total Assets for the fiscal year that ended in Jun. 2009 is calculated as

Total Assets=Total Equity (A: Jun. 2009 )+Total Liabilities (A: Jun. 2009 )
=1.953+0.881
=2.83

Comtex News Network's Total Assets for the quarter that ended in Mar. 2010 is calculated as

Total Assets=Total Equity (Q: Mar. 2010 )+Total Liabilities (Q: Mar. 2010 )
=1.802+1.111
=2.91

* 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.


Comtex News Network  (OTCPK:CMTX) Total Assets Explanation

Total Assets is connected with ROA %.

Comtex News Network's annualized ROA % for the quarter that ended in Mar. 2010 is

ROA %=Net Income (Q: Mar. 2010 )/( (Total Assets (Q: Dec. 2009 )+Total Assets (Q: Mar. 2010 ))/ count )
=-0.764/( (3.041+2.913)/ 2 )
=-0.764/2.977
=-25.66 %

Note: The Net Income data used here is four times the quarterly (Mar. 2010) 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.

Comtex News Network's Asset Turnover for the quarter that ended in Mar. 2010 is

Asset Turnover
=Revenue (Q: Mar. 2010 )/( (Total Assets (Q: Dec. 2009 )+Total Assets (Q: Mar. 2010 ))/ count )
=1.901/( (3.041+2.913)/ 2 )
=1.901/2.977
=0.64

* 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.

Comtex News Network Total Assets Related Terms

Thank you for viewing the detailed overview of Comtex News Network's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Comtex News Network (Comtex News Network) Business Description

Traded in Other Exchanges
N/A
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Comtex News Network Inc is a provider of economically useful electronic real-time news, content and SmarTrend(r) market products. It receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day.
Executives
Chip Brian officer: President and COO 625 N WASHINGTON STREET STE 301 ALEXANDRIA VA 22314
Tepco Corp 10 percent owner 25 CHURCH STREET THE CONTINENTAL BUILDING HAMILTON D0 HM 12
C W Gilluly director, officer: Interim C.E.O. 625 N. WASHINGTON ST. STE 301 ALEXANDRIA VA 22314

Comtex News Network (Comtex News Network) Headlines

No Headlines