GLUX (Great Lakes Aviation) Total Assets: $58.59 Mil (As of Sep. 2015)


What is Great Lakes Aviation Total Assets?

Great Lakes Aviation GLUX Total Assets is $58.59 Mil as of Sep. 2015.

Great Lakes Aviation's Total Assets for the quarter that ended in Sep. 2015 was $58.59 Mil.

Total Assets is connected with ROA %. Great Lakes Aviation's annualized ROA % for the quarter that ended in Sep. 2015 was -20.35%. Total Assets is also linked to Revenue through Asset Turnover. Great Lakes Aviation's Asset Turnover for the quarter that ended in Sep. 2015 was 0.16.

Great Lakes Aviation  (OTCPK:GLUX) Total Assets Explanation

Total Assets is connected with ROA %.

Great Lakes Aviation's annualized ROA % for the quarter that ended in Sep. 2015 is

ROA %=Net Income (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=-11.976/( (59.113+58.592)/ 2 )
=-11.976/58.8525
=-20.35 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) 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.

Great Lakes Aviation's Asset Turnover for the quarter that ended in Sep. 2015 is

Asset Turnover
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=9.691/( (59.113+58.592)/ 2 )
=9.691/58.8525
=0.16

* 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.

Great Lakes Aviation Total Assets Related Terms

Great Lakes Aviation Total Assets Historical Data

* Premium members only.

The historical data trend for Great Lakes Aviation'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.

Great Lakes Aviation Total Assets Chart

Great Lakes Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.35 83.78 84.37 77.88 64.26

Great Lakes Aviation Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 67.19 64.26 62.16 59.11 58.59

Great Lakes Aviation 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.

Great Lakes Aviation's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets=Total Equity (A: Dec. 2014 )+Total Liabilities (A: Dec. 2014 )
=31.247+33.014
=64.26

Great Lakes Aviation's Total Assets for the quarter that ended in Sep. 2015 is calculated as

Total Assets=Total Equity (Q: Sep. 2015 )+Total Liabilities (Q: Sep. 2015 )
=23.839+34.753
=58.59

* 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 $58.59 Mil mean?
Great Lakes Aviation (GLUX) has a Total Assets of $58.59 Mil as of Sep. 2015. The total amount of assets as recorded on a company's balance sheet. View historical data on Great Lakes Aviation and its competitors.
Is Great Lakes Aviation's Total Assets too high?
Great Lakes Aviation's current Total Assets is $58.59 Mil.
How does Great Lakes Aviation's Total Assets compare to MESA?
Great Lakes Aviation's Total Assets of $58.59 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Total Assets depends on the Transportation 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 Great Lakes Aviation and its competitors. Great Lakes Aviation's current Total Assets is $58.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Lakes Aviation stock overvalued right now?
Great Lakes Aviation (GLUX) has a current Total Assets of $58.59 Mil. The current Total Assets is $58.59 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 Great Lakes Aviation (GLUX), the current Total Assets is $58.59 Mil as of Sep. 2015. 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.

Great Lakes Aviation Business Description

Address 1022 Airport Parkway, Cheyenne, WY, USA, 82001
Great Lakes Aviation Ltd is the United States based regional airline operating as an independent carrier.