Elektros (Elektros) Total Assets : $87.70 Mil (As of Nov. 2018)

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What is Elektros Total Assets?

Elektros's Total Assets for the quarter that ended in Nov. 2018 was $87.70 Mil.

Total Assets is connected with ROA %. Elektros's annualized ROA % for the quarter that ended in Nov. 2018 was 6.53%. Total Assets is also linked to Revenue through Asset Turnover. Elektros's Asset Turnover for the quarter that ended in Nov. 2018 was 0.04.

Elektros Total Assets Historical Data

The historical data trend for Elektros'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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Elektros Total Assets Chart

Elektros Annual Data

Trend

Apr12

May13

May14

May15

May16

May17

May18

Total Assets

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20.75

26.49

67.33

81.27

92.50

Elektros Quarterly Data
	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18
Total Assets	Get a 7-Day Free Trial															96.07	92.13	92.50	88.17	87.70

Elektros 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.

Elektros's Total Assets for the fiscal year that ended in May. 2018 is calculated as

Total Assets	=	Total Equity (A: May. 2018 )	+	Total Liabilities (A: May. 2018 )
	=	70.958	+	21.538
	=	92.50

Elektros's Total Assets for the quarter that ended in Nov. 2018 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2018 )	+	Total Liabilities (Q: Nov. 2018 )
	=	68.105	+	19.594
	=	87.70

Elektros (OTCPK:ELEK) Total Assets Explanation

Total Assets is connected with ROA %.

Elektros's annualized ROA % for the quarter that ended in Nov. 2018 is

ROA %	=	Net Income (Q: Nov. 2018 )	/	( (Total Assets (Q: Aug. 2018 )	+	Total Assets (Q: Nov. 2018 ))	/ count )
	=	5.744	/	( (88.167	+	87.699)	/ 2 )
	=	5.744	/	87.933
	=	6.53 %

Note: The Net Income data used here is four times the quarterly (Nov. 2018) 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.

Elektros's Asset Turnover for the quarter that ended in Nov. 2018 is

	Asset Turnover
=	Revenue (Q: Nov. 2018 )	/	( (Total Assets (Q: Aug. 2018 )	+	Total Assets (Q: Nov. 2018 ))	/ count )
=	3.781	/	( (88.167	+	87.699)	/ 2 )
=	3.781	/	87.933
=	0.04

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.

Elektros Total Assets Related Terms

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