Diamond Discoveries International (Diamond Discoveries International) Total Assets : $0.25 Mil (As of Sep. 2011)

Diamond Discoveries International Total Assets Chart

Diamond Discoveries International Annual Data
	Trend	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10
Total Assets		Get a 7-Day Free Trial					0.22	0.20	0.26	0.24	0.25

Diamond Discoveries International Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Total Assets	Get a 7-Day Free Trial															0.24	0.25	0.27	0.26	0.25

Diamond Discoveries International 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.

Diamond Discoveries International's Total Assets for the fiscal year that ended in Dec. 2010 is calculated as

Diamond Discoveries International's Total Assets for the quarter that ended in Sep. 2011 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.

Diamond Discoveries International  (OTCPK:DMDD) Total Assets Explanation

Total Assets is connected with ROA %.

Diamond Discoveries International's annualized ROA % for the quarter that ended in Sep. 2011 is

Note: The Net Income data used here is four times the quarterly (Sep. 2011) 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.

Diamond Discoveries International's Asset Turnover for the quarter that ended in Sep. 2011 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.

Diamond Discoveries International Total Assets Related Terms

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

Diamond Discoveries International (Diamond Discoveries International) Business Description