LEON (Leone Asset Management) Total Assets: $0.77 Mil (As of Dec. 2018)


What is Leone Asset Management Total Assets?

Leone Asset Management LEON -0.55% Total Assets is $0.77 Mil as of Dec. 2018.

Leone Asset Management's Total Assets for the quarter that ended in Dec. 2018 was $0.77 Mil.

Total Assets is connected with ROA %. Leone Asset Management's annualized ROA % for the quarter that ended in Dec. 2018 was -5,510.89%. Total Assets is also linked to Revenue through Asset Turnover. Leone Asset Management's Asset Turnover for the quarter that ended in Dec. 2018 was 0.08.

Leone Asset Management  (OTCPK:LEON) Total Assets Explanation

Total Assets is connected with ROA %.

Leone Asset Management'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 )
=-44.28/( (0.835+0.772)/ 2 )
=-44.28/0.8035
=-5,510.89 %

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.

Leone Asset Management'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 )
=0.067/( (0.835+0.772)/ 2 )
=0.067/0.8035
=0.08

* 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.

Leone Asset Management Total Assets Related Terms

Leone Asset Management Total Assets Historical Data

* Premium members only.

The historical data trend for Leone Asset Management'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.

Leone Asset Management Total Assets Chart

Leone Asset Management Annual Data
Trend Dec07 Dec08 Dec09 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.09 0.32 0.77

Leone Asset Management Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar13 Dec13 Dec14 Dec15 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 0.32 0.96 0.91 0.84 0.77

Leone Asset Management 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.

Leone Asset Management'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 )
=-2.212+2.984
=0.77

Leone Asset Management'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 )
=-2.212+2.984
=0.77

* 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 $0.77 Mil mean?
Leone Asset Management (LEON) has a Total Assets of $0.77 Mil as of Dec. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Leone Asset Management and its competitors.
Is Leone Asset Management's Total Assets too high?
Leone Asset Management's current Total Assets is $0.77 Mil.
How does Leone Asset Management's Total Assets compare to PTMN and TZAC?
Leone Asset Management's Total Assets of $0.77 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Total Assets depends on the Conglomerates 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 Leone Asset Management and its competitors. Leone Asset Management's current Total Assets is $0.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leone Asset Management stock overvalued right now?
Leone Asset Management (LEON) has a current Total Assets of $0.77 Mil. The current Total Assets is $0.77 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 Leone Asset Management (LEON), the current Total Assets is $0.77 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.

Leone Asset Management Business Description

Address 801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.