Covista Communications (Covista Communications) Total Assets : $24.31 Mil (As of Apr. 2005)

Covista Communications Total Assets Chart

Covista Communications Annual Data
	Trend	Jan96	Jan97	Jan98	Jan99	Jan00	Jan01	Jan02	Jan03	Jan04	Jan05
Total Assets		Get a 7-Day Free Trial					39.10	31.26	51.05	40.89	27.23

Covista Communications Quarterly Data
	Jul00	Oct00	Jan01	Apr01	Jul01	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05
Total Assets	Get a 7-Day Free Trial															39.06	36.78	28.85	27.23	24.31

Covista Communications 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.

Covista Communications's Total Assets for the fiscal year that ended in Jan. 2005 is calculated as

Covista Communications's Total Assets for the quarter that ended in Apr. 2005 is calculated as

* 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.

Covista Communications  (OTCPK:CVST) Total Assets Explanation

Total Assets is connected with ROA %.

Covista Communications's annualized ROA % for the quarter that ended in Apr. 2005 is

Note: The Net Income data used here is four times the quarterly (Apr. 2005) 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.

Covista Communications's Asset Turnover for the quarter that ended in Apr. 2005 is

* 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.

Covista Communications Total Assets Related Terms

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Covista Communications (Covista Communications) Business Description