7days Music Entertainment AG (FRA:7DM1) Total Assets : €5.63 Mil (As of Dec. 2012)

7days Music Entertainment AG Total Assets Chart

7days Music Entertainment AG 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.

7days Music Entertainment AG's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

7days Music Entertainment AG's Total Assets for the quarter that ended in Dec. 2012 is calculated as

* 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.

7days Music Entertainment AG  (FRA:7DM1) Total Assets Explanation

Total Assets is connected with ROA %.

7days Music Entertainment AG's annualized ROA % for the quarter that ended in Dec. 2012 is

Note: The Net Income data used here is one times the annual (Dec. 2012) 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.

7days Music Entertainment AG's Asset Turnover for the quarter that ended in Dec. 2012 is

* 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.

7days Music Entertainment AG Total Assets Related Terms

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7days Music Entertainment AG (FRA:7DM1) Business Description