ERMG (E Record Management) Total Assets: $0.64 Mil (As of Sep. 2004)


What is E Record Management Total Assets?

E Record Management ERMG -99.50% Total Assets is $0.64 Mil as of Sep. 2004.

E Record Management's Total Assets for the quarter that ended in Sep. 2004 was $0.64 Mil.

Total Assets is connected with ROA %. E Record Management's annualized ROA % for the quarter that ended in Sep. 2004 was -76.05%. Total Assets is also linked to Revenue through Asset Turnover. E Record Management's Asset Turnover for the quarter that ended in Sep. 2004 was 0.44.

E Record Management  (OTCPK:ERMG) Total Assets Explanation

Total Assets is connected with ROA %.

E Record Management's annualized ROA % for the quarter that ended in Sep. 2004 is

ROA %=Net Income (Q: Sep. 2004 )/( (Total Assets (Q: Jun. 2004 )+Total Assets (Q: Sep. 2004 ))/ count )
=-0.508/( (0.692+0.644)/ 2 )
=-0.508/0.668
=-76.05 %

Note: The Net Income data used here is four times the quarterly (Sep. 2004) 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.

E Record Management's Asset Turnover for the quarter that ended in Sep. 2004 is

Asset Turnover
=Revenue (Q: Sep. 2004 )/( (Total Assets (Q: Jun. 2004 )+Total Assets (Q: Sep. 2004 ))/ count )
=0.294/( (0.692+0.644)/ 2 )
=0.294/0.668
=0.44

* 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.

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.

E Record Management Total Assets Related Terms

E Record Management Total Assets Historical Data

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The historical data trend for E Record Management'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.

E Record Management Total Assets Chart

E Record Management Annual Data
Trend Dec03
Total Assets
0.85

E Record Management Quarterly Data
Dec03 Mar04 Jun04 Sep04
Total Assets 0.85 0.80 0.69 0.64

E Record Management 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.

E Record Management's Total Assets for the fiscal year that ended in Dec. 2003 is calculated as

Total Assets=Total Equity (A: Dec. 2003 )+Total Liabilities (A: Dec. 2003 )
=-1.022+1.875
=0.85

E Record Management's Total Assets for the quarter that ended in Sep. 2004 is calculated as

Total Assets=Total Equity (Q: Sep. 2004 )+Total Liabilities (Q: Sep. 2004 )
=-1.245+1.89
=0.65

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.64 Mil mean?
E Record Management (ERMG) has a Total Assets of $0.64 Mil as of Sep. 2004. The total amount of assets as recorded on a company's balance sheet. View historical data on E Record Management and its competitors.
Is E Record Management's Total Assets too high?
E Record Management's current Total Assets is $0.64 Mil.
How does E Record Management's Total Assets compare to MEEC and ISNS?
E Record Management's Total Assets of $0.64 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Hardware company?
A good Total Assets depends on the Hardware industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on E Record Management and its competitors. E Record Management's current Total Assets is $0.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E Record Management stock overvalued right now?
E Record Management (ERMG) has a current Total Assets of $0.64 Mil. The current Total Assets is $0.64 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For E Record Management (ERMG), the current Total Assets is $0.64 Mil as of Sep. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.