DORPQ.PFD (Doral Financial) Total Assets : $8,493.45 Mil (As of Dec. 2013)

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What is Doral Financial Total Assets?

Doral Financial's Total Assets for the quarter that ended in Dec. 2013 was $8,493.45 Mil.

During the past 12 months, Doral Financial's average Total Assets Growth Rate was 1.60% per year. During the past 3 years, the average Total Assets Growth Rate was -1.20% per year. During the past 5 years, the average Total Assets Growth Rate was -4.90% per year. During the past 10 years, the average Total Assets Growth Rate was -6.70% per year.

During the past 13 years, Doral Financial's highest 3-Year average Total Assets Growth Rate was 64.10%. The lowest was -19.60%. And the median was 13.25%.

Total Assets is connected with ROA %. Doral Financial's annualized ROA % for the quarter that ended in Dec. 2013 was -2.72%. Total Assets is also linked to Revenue through Asset Turnover. Doral Financial's Asset Turnover for the quarter that ended in Dec. 2013 was 0.01.

Doral Financial Total Assets Historical Data

The historical data trend for Doral Financial'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.

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Doral Financial Total Assets Chart

Doral Financial Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Total Assets

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10,231.95

8,646.35

7,981.36

8,479.10

8,493.45

Doral Financial Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Total Assets	Get a 7-Day Free Trial															8,479.10	8,369.01	8,521.17	8,569.54	8,493.45

Doral Financial 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.

Doral Financial's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets	=	Total Equity (A: Dec. 2013 )	+	Total Liabilities (A: Dec. 2013 )
	=	735.322	+	7758.132
	=	8,493.45

Doral Financial's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2013 )	+	Total Liabilities (Q: Dec. 2013 )
	=	735.322	+	7758.132
	=	8,493.45

Doral Financial (OTCPK:DORPQ.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Doral Financial's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %	=	Net Income (Q: Dec. 2013 )	/	( (Total Assets (Q: Sep. 2013 )	+	Total Assets (Q: Dec. 2013 ))	/ count )
	=	-232.284	/	( (8569.543	+	8493.454)	/ 2 )
	=	-232.284	/	8531.4985
	=	-2.72 %

Note: The Net Income data used here is four times the quarterly (Dec. 2013) 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.

Doral Financial's Asset Turnover for the quarter that ended in Dec. 2013 is

	Asset Turnover
=	Revenue (Q: Dec. 2013 )	/	( (Total Assets (Q: Sep. 2013 )	+	Total Assets (Q: Dec. 2013 ))	/ count )
=	71.293	/	( (8569.543	+	8493.454)	/ 2 )
=	71.293	/	8531.4985
=	0.01

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.

Doral Financial Total Assets Related Terms

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Doral Financial Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Doral Financial Corp (OTCPK:DORPQ.PFD) » Definitions » Total Assets

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Address

1451 Franklin D. Roosevelt Avenue, San Juan, PRI, 00920-2717

Website

http://www.doralfinancial.com

Puerto Rico-based Doral Financial is in the process of transforming itself into a traditional community bank. It operates 41 branches in Puerto Rico, plus one in New York, and offers a variety of retail and commercial banking services. Residential real estate loans make up about 70% of Doral's loan portfolio, and commercial loans account for another 20%. Nearly all of the bank's loans are secured by real estate.

Doral Financial Headlines

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