HCGS (HighCom Global Security) Total Assets: $9.33 Mil (As of Dec. 2018)


What is HighCom Global Security Total Assets?

HighCom Global Security HCGS Total Assets is $9.33 Mil as of Dec. 2018.

HighCom Global Security's Total Assets for the quarter that ended in Dec. 2018 was $9.33 Mil.

Total Assets is connected with ROA %. HighCom Global Security's annualized ROA % for the quarter that ended in Dec. 2018 was 2.13%. Total Assets is also linked to Revenue through Asset Turnover. HighCom Global Security's Asset Turnover for the quarter that ended in Dec. 2018 was 0.29.


HighCom Global Security  (OTCPK:HCGS) Total Assets Explanation

Total Assets is connected with ROA %.

HighCom Global Security's annualized ROA % for the quarter that ended in Dec. 2018 is

ROA %=Net Income (Q: Dec. 2018 )/( (Total Assets (Q: Sep. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=0.188/( (8.357+9.334)/ 2 )
=0.188/8.8455
=2.13 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

HighCom Global Security's Asset Turnover for the quarter that ended in Dec. 2018 is

Asset Turnover
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Sep. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=2.565/( (8.357+9.334)/ 2 )
=2.565/8.8455
=0.29

* 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.

HighCom Global Security Total Assets Related Terms


HighCom Global Security Total Assets Historical Data

* Premium members only.

The historical data trend for HighCom Global Security'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.

HighCom Global Security Total Assets Chart

HighCom Global Security Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 4.71 10.69 8.80 9.33

HighCom Global Security Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 8.80 8.64 8.35 8.36 9.33

HighCom Global Security 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.

HighCom Global Security's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=8.112+1.222
=9.33

HighCom Global Security's Total Assets for the quarter that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (Q: Dec. 2018 )+Total Liabilities (Q: Dec. 2018 )
=8.112+1.222
=9.33

* 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 $9.33 Mil mean?
HighCom Global Security (HCGS) has a Total Assets of $9.33 Mil as of Dec. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on HighCom Global Security and its competitors.
Is HighCom Global Security's Total Assets too high?
HighCom Global Security's current Total Assets is $9.33 Mil.
How does HighCom Global Security's Total Assets compare to DTII and UUU?
HighCom Global Security's Total Assets of $9.33 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Total Assets depends on the Business Services 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 HighCom Global Security and its competitors. HighCom Global Security's current Total Assets is $9.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HighCom Global Security stock overvalued right now?
HighCom Global Security (HCGS) has a current Total Assets of $9.33 Mil. The current Total Assets is $9.33 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 HighCom Global Security (HCGS), the current Total Assets is $9.33 Mil as of Dec. 2018. 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.

HighCom Global Security Business Description

Address 2901 East 4th Avenue, Unit J, Columbus, OH, USA, 43219
HighCom Global Security Inc is a provider of equipment and services for the security and defense industries. It acquires, manages and builds businesses which provide specialized, mission-critical solutions that address the needs of its customers. The company's businesses continuously develops solutions that enable customers to achieve their objectives. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap technology that acts as a virtual tent to effectively mitigate blast effects and suppress post-blast fires.