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Ecoloclean Industries (Ecoloclean Industries) Total Assets : $1.44 Mil (As of Jun. 2006)


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What is Ecoloclean Industries Total Assets?

Ecoloclean Industries's Total Assets for the quarter that ended in Jun. 2006 was $1.44 Mil.

Total Assets is connected with ROA %. Ecoloclean Industries's annualized ROA % for the quarter that ended in Jun. 2006 was -111.93%. Total Assets is also linked to Revenue through Asset Turnover. Ecoloclean Industries's Asset Turnover for the quarter that ended in Jun. 2006 was 0.05.


Ecoloclean Industries Total Assets Historical Data

The historical data trend for Ecoloclean Industries'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.

Ecoloclean Industries Total Assets Chart

Ecoloclean Industries Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Total Assets
2.36 - 0.58 1.22 0.98

Ecoloclean Industries Quarterly Data
Dec01 Sep02 Dec02 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 0.92 1.51 0.98 1.57 1.44

Ecoloclean Industries 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.

Ecoloclean Industries's Total Assets for the fiscal year that ended in Dec. 2005 is calculated as

Total Assets=Total Equity (A: Dec. 2005 )+Total Liabilities (A: Dec. 2005 )
=-1.875+2.858
=0.98

Ecoloclean Industries's Total Assets for the quarter that ended in Jun. 2006 is calculated as

Total Assets=Total Equity (Q: Jun. 2006 )+Total Liabilities (Q: Jun. 2006 )
=-2.017+3.454
=1.44

* 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.


Ecoloclean Industries  (OTCPK:ECCI) Total Assets Explanation

Total Assets is connected with ROA %.

Ecoloclean Industries's annualized ROA % for the quarter that ended in Jun. 2006 is

ROA %=Net Income (Q: Jun. 2006 )/( (Total Assets (Q: Mar. 2006 )+Total Assets (Q: Jun. 2006 ))/ count )
=-1.684/( (1.572+1.437)/ 2 )
=-1.684/1.5045
=-111.93 %

Note: The Net Income data used here is four times the quarterly (Jun. 2006) 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.

Ecoloclean Industries's Asset Turnover for the quarter that ended in Jun. 2006 is

Asset Turnover
=Revenue (Q: Jun. 2006 )/( (Total Assets (Q: Mar. 2006 )+Total Assets (Q: Jun. 2006 ))/ count )
=0.073/( (1.572+1.437)/ 2 )
=0.073/1.5045
=0.05

* 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.

Ecoloclean Industries Total Assets Related Terms

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Ecoloclean Industries (Ecoloclean Industries) Business Description

Traded in Other Exchanges
N/A
Address
2242 South Highway #83, Crystal City, TX, USA, 78839
Ecoloclean Industries Inc is a manufacturer of water remediation products, used in industrial and municipal treatment plants and similar operations.
Executives
Michael R Ward director, 10 percent owner, officer: Secretary & Treasurer 13707 BLUFF GATE SAN ANTONIO TX 78216

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