CTBG (Coil Tubing Technology) Total Assets: $9.81 Mil (As of Sep. 2015)


What is Coil Tubing Technology Total Assets?

Coil Tubing Technology CTBG Total Assets is $9.81 Mil as of Sep. 2015.

Coil Tubing Technology's Total Assets for the quarter that ended in Sep. 2015 was $9.81 Mil.

Total Assets is connected with ROA %. Coil Tubing Technology's annualized ROA % for the quarter that ended in Sep. 2015 was -48.05%. Total Assets is also linked to Revenue through Asset Turnover. Coil Tubing Technology's Asset Turnover for the quarter that ended in Sep. 2015 was 0.04.

Coil Tubing Technology  (OTCPK:CTBG) Total Assets Explanation

Total Assets is connected with ROA %.

Coil Tubing Technology's annualized ROA % for the quarter that ended in Sep. 2015 is

ROA %=Net Income (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=-5.024/( (11.102+9.811)/ 2 )
=-5.024/10.4565
=-48.05 %

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

Coil Tubing Technology's Asset Turnover for the quarter that ended in Sep. 2015 is

Asset Turnover
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=0.45/( (11.102+9.811)/ 2 )
=0.45/10.4565
=0.04

* 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.

Coil Tubing Technology Total Assets Related Terms

Coil Tubing Technology Total Assets Historical Data

* Premium members only.

The historical data trend for Coil Tubing Technology'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.

Coil Tubing Technology Total Assets Chart

Coil Tubing Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Total Assets
7.04 8.29 8.38 12.08

Coil Tubing Technology Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 8.40 12.08 11.95 11.10 9.81

Coil Tubing Technology 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.

Coil Tubing Technology's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets=Total Equity (A: Dec. 2014 )+Total Liabilities (A: Dec. 2014 )
=6.687+5.391
=12.08

Coil Tubing Technology's Total Assets for the quarter that ended in Sep. 2015 is calculated as

Total Assets=Total Equity (Q: Sep. 2015 )+Total Liabilities (Q: Sep. 2015 )
=4.066+5.745
=9.81

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $9.81 Mil mean?
Coil Tubing Technology (CTBG) has a Total Assets of $9.81 Mil as of Sep. 2015. The total amount of assets as recorded on a company's balance sheet. View historical data on Coil Tubing Technology and its competitors.
Is Coil Tubing Technology's Total Assets too high?
Coil Tubing Technology's current Total Assets is $9.81 Mil.
How does Coil Tubing Technology's Total Assets compare to ESES and BMMCF?
Coil Tubing Technology's Total Assets of $9.81 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Coil Tubing Technology and its competitors. Coil Tubing Technology's current Total Assets is $9.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coil Tubing Technology stock overvalued right now?
Coil Tubing Technology (CTBG) has a current Total Assets of $9.81 Mil. The current Total Assets is $9.81 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Coil Tubing Technology (CTBG), the current Total Assets is $9.81 Mil as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Coil Tubing Technology Business Description

Industry EnergyOil & Gas
Address 11237 Crown Park Drive, Suite D, Houston, TX, USA, 77067
Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.