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Imperial Resources (Imperial Resources) Total Assets : $2.31 Mil (As of Dec. 2012)


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What is Imperial Resources Total Assets?

Imperial Resources's Total Assets for the quarter that ended in Dec. 2012 was $2.31 Mil.

Total Assets is connected with ROA %. Imperial Resources's annualized ROA % for the quarter that ended in Dec. 2012 was -33.09%. Total Assets is also linked to Revenue through Asset Turnover. Imperial Resources's Asset Turnover for the quarter that ended in Dec. 2012 was 0.03.


Imperial Resources Total Assets Historical Data

The historical data trend for Imperial Resources'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.

Imperial Resources Total Assets Chart

Imperial Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12
Total Assets
- 0.93 0.72 2.24

Imperial Resources Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 2.32 2.24 2.30 2.21 2.31

Imperial Resources 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.

Imperial Resources's Total Assets for the fiscal year that ended in Mar. 2012 is calculated as

Total Assets=Total Equity (A: Mar. 2012 )+Total Liabilities (A: Mar. 2012 )
=0.163+2.072
=2.24

Imperial Resources's Total Assets for the quarter that ended in Dec. 2012 is calculated as

Total Assets=Total Equity (Q: Dec. 2012 )+Total Liabilities (Q: Dec. 2012 )
=-0.088+2.395
=2.31

* 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.


Imperial Resources  (OTCPK:IPRC) Total Assets Explanation

Total Assets is connected with ROA %.

Imperial Resources's annualized ROA % for the quarter that ended in Dec. 2012 is

ROA %=Net Income (Q: Dec. 2012 )/( (Total Assets (Q: Sep. 2012 )+Total Assets (Q: Dec. 2012 ))/ count )
=-0.748/( (2.214+2.307)/ 2 )
=-0.748/2.2605
=-33.09 %

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

Imperial Resources's Asset Turnover for the quarter that ended in Dec. 2012 is

Asset Turnover
=Revenue (Q: Dec. 2012 )/( (Total Assets (Q: Sep. 2012 )+Total Assets (Q: Dec. 2012 ))/ count )
=0.059/( (2.214+2.307)/ 2 )
=0.059/2.2605
=0.03

* 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.

Imperial Resources Total Assets Related Terms

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Imperial Resources (Imperial Resources) Business Description

Traded in Other Exchanges
N/A
Address
106 East 6th Street, Suite 900, Austin, TX, USA, 78701
Imperial Resources Inc has decided to focus its core activities on development and exploration of oil and gas assets in the United States through its wholly-owned subsidiary. It is an exploration stage company. It explores for asphalt, gold, and other precious metals.

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