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Location Based Technologies (Location Based Technologies) Total Assets : $2.11 Mil (As of May. 2015)


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What is Location Based Technologies Total Assets?

Location Based Technologies's Total Assets for the quarter that ended in May. 2015 was $2.11 Mil.

Total Assets is connected with ROA %. Location Based Technologies's annualized ROA % for the quarter that ended in May. 2015 was -149.49%. Total Assets is also linked to Revenue through Asset Turnover. Location Based Technologies's Asset Turnover for the quarter that ended in May. 2015 was 0.25.


Location Based Technologies Total Assets Historical Data

The historical data trend for Location Based Technologies'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.

Location Based Technologies Total Assets Chart

Location Based Technologies Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Total Assets
Get a 7-Day Free Trial Premium Member Only 1.36 9.40 5.49 3.37 2.33

Location Based Technologies Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 2.69 2.33 2.73 2.25 2.11

Location Based Technologies 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.

Location Based Technologies's Total Assets for the fiscal year that ended in Aug. 2014 is calculated as

Total Assets=Total Equity (A: Aug. 2014 )+Total Liabilities (A: Aug. 2014 )
=-9.983+12.309
=2.33

Location Based Technologies's Total Assets for the quarter that ended in May. 2015 is calculated as

Total Assets=Total Equity (Q: May. 2015 )+Total Liabilities (Q: May. 2015 )
=-12.226+14.333
=2.11

* 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.


Location Based Technologies  (OTCPK:LBAS) Total Assets Explanation

Total Assets is connected with ROA %.

Location Based Technologies's annualized ROA % for the quarter that ended in May. 2015 is

ROA %=Net Income (Q: May. 2015 )/( (Total Assets (Q: Feb. 2015 )+Total Assets (Q: May. 2015 ))/ count )
=-3.256/( (2.249+2.107)/ 2 )
=-3.256/2.178
=-149.49 %

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

Location Based Technologies's Asset Turnover for the quarter that ended in May. 2015 is

Asset Turnover
=Revenue (Q: May. 2015 )/( (Total Assets (Q: Feb. 2015 )+Total Assets (Q: May. 2015 ))/ count )
=0.552/( (2.249+2.107)/ 2 )
=0.552/2.178
=0.25

* 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.

Location Based Technologies Total Assets Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618
Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

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