Innovest Global (Innovest Global) Total Assets : $2.27 Mil (As of Jun. 2009)

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What is Innovest Global Total Assets?

Innovest Global's Total Assets for the quarter that ended in Jun. 2009 was $2.27 Mil.

Total Assets is connected with ROA %. Innovest Global's annualized ROA % for the quarter that ended in Jun. 2009 was -41.02%. Total Assets is also linked to Revenue through Asset Turnover. Innovest Global's Asset Turnover for the quarter that ended in Jun. 2009 was 0.00.

Innovest Global Total Assets Historical Data

The historical data trend for Innovest Global'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.

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Innovest Global Total Assets Chart

Innovest Global Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Total Assets

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0.31

0.12

0.15

0.45

1.90

Innovest Global Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
Total Assets	Get a 7-Day Free Trial															0.60	0.56	1.90	2.23	2.27

Innovest Global 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.

Innovest Global's Total Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Assets	=	Total Equity (A: Dec. 2008 )	+	Total Liabilities (A: Dec. 2008 )
	=	-1.494	+	3.391
	=	1.90

Innovest Global's Total Assets for the quarter that ended in Jun. 2009 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2009 )	+	Total Liabilities (Q: Jun. 2009 )
	=	-2.35	+	4.623
	=	2.27

Innovest Global (OTCPK:IVST) Total Assets Explanation

Total Assets is connected with ROA %.

Innovest Global's annualized ROA % for the quarter that ended in Jun. 2009 is

ROA %	=	Net Income (Q: Jun. 2009 )	/	( (Total Assets (Q: Mar. 2009 )	+	Total Assets (Q: Jun. 2009 ))	/ count )
	=	-0.924	/	( (2.232	+	2.273)	/ 2 )
	=	-0.924	/	2.2525
	=	-41.02 %

Note: The Net Income data used here is four times the quarterly (Jun. 2009) 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.

Innovest Global's Asset Turnover for the quarter that ended in Jun. 2009 is

	Asset Turnover
=	Revenue (Q: Jun. 2009 )	/	( (Total Assets (Q: Mar. 2009 )	+	Total Assets (Q: Jun. 2009 ))	/ count )
=	0	/	( (2.232	+	2.273)	/ 2 )
=	0	/	2.2525
=	0.00

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.

Innovest Global Total Assets Related Terms

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Innovest Global (Innovest Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Innovest Global Inc (OTCPK:IVST) » Definitions » Total Assets

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Address

8834 Mayfield Road, Chesterland, OH, USA, 44026

Website

https://www.innovestglobal.com

Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.