GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Earthworks Entertainment Inc (OTCPK:EWKS) » Definitions » Total Assets

Earthworks Entertainment (Earthworks Entertainment) Total Assets : $1.78 Mil (As of Jun. 2006)


View and export this data going back to . Start your Free Trial

What is Earthworks Entertainment Total Assets?

Earthworks Entertainment's Total Assets for the quarter that ended in Jun. 2006 was $1.78 Mil.

Total Assets is connected with ROA %. Earthworks Entertainment's annualized ROA % for the quarter that ended in Jun. 2006 was -74.82%. Total Assets is also linked to Revenue through Asset Turnover. Earthworks Entertainment's Asset Turnover for the quarter that ended in Jun. 2006 was 0.00.


Earthworks Entertainment Total Assets Historical Data

The historical data trend for Earthworks Entertainment'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.

Earthworks Entertainment Total Assets Chart

Earthworks Entertainment Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.49 0.15 2.16 1.93

Earthworks Entertainment Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.94 1.93 1.86 1.79 1.78

Earthworks Entertainment 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.

Earthworks Entertainment's Total Assets for the fiscal year that ended in Sep. 2005 is calculated as

Total Assets=Total Equity (A: Sep. 2005 )+Total Liabilities (A: Sep. 2005 )
=0.297+1.637
=1.93

Earthworks Entertainment'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 )
=-0.785+2.562
=1.78

* 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.


Earthworks Entertainment  (OTCPK:EWKS) Total Assets Explanation

Total Assets is connected with ROA %.

Earthworks Entertainment'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 )
=-1.336/( (1.794+1.777)/ 2 )
=-1.336/1.7855
=-74.82 %

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.

Earthworks Entertainment'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/( (1.794+1.777)/ 2 )
=0/1.7855
=0.00

* 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.

Earthworks Entertainment Total Assets Related Terms

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


Earthworks Entertainment (Earthworks Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
14001 North Dallas Parkway, Suite 1200, Dallas, TX, USA, 75420
Website
Earthworks Entertainment Inc is engaged in investments and acquisitions in entertainment segments including, animation, direct response marketing, radio networks and mixed martial arts social networks.

Earthworks Entertainment (Earthworks Entertainment) Headlines

No Headlines