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Jason Shipping ASA (LTS:0EF0) Total Assets : kr389.81 Mil (As of Mar. 2013)


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What is Jason Shipping ASA Total Assets?

Jason Shipping ASA's Total Assets for the quarter that ended in Mar. 2013 was kr389.81 Mil.

Total Assets is connected with ROA %. Jason Shipping ASA's annualized ROA % for the quarter that ended in Mar. 2013 was 15.15%. Total Assets is also linked to Revenue through Asset Turnover. Jason Shipping ASA's Asset Turnover for the quarter that ended in Mar. 2013 was 0.00.


Jason Shipping ASA Total Assets Historical Data

The historical data trend for Jason Shipping ASA'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.

Jason Shipping ASA Total Assets Chart

Jason Shipping ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Assets
Get a 7-Day Free Trial Premium Member Only 16,390.15 4,351.89 2,791.83 539.02 399.62

Jason Shipping ASA Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 464.86 470.37 457.56 399.62 389.81

Jason Shipping ASA 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.

Jason Shipping ASA's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Assets=Total Equity (A: Dec. 2012 )+Total Liabilities (A: Dec. 2012 )
=-340.77+740.386
=399.62

Jason Shipping ASA's Total Assets for the quarter that ended in Mar. 2013 is calculated as

Total Assets=Total Equity (Q: Mar. 2013 )+Total Liabilities (Q: Mar. 2013 )
=-336.159+725.968
=389.81

* 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.


Jason Shipping ASA  (LTS:0EF0) Total Assets Explanation

Total Assets is connected with ROA %.

Jason Shipping ASA's annualized ROA % for the quarter that ended in Mar. 2013 is

ROA %=Net Income (Q: Mar. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Mar. 2013 ))/ count )
=59.816/( (399.616+389.809)/ 2 )
=59.816/394.7125
=15.15 %

Note: The Net Income data used here is four times the quarterly (Mar. 2013) 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.

Jason Shipping ASA's Asset Turnover for the quarter that ended in Mar. 2013 is

Asset Turnover
=Revenue (Q: Mar. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Mar. 2013 ))/ count )
=0.069/( (399.616+389.809)/ 2 )
=0.069/394.7125
=0.00

* 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.

Jason Shipping ASA Total Assets Related Terms

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Jason Shipping ASA (LTS:0EF0) Business Description

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