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Maxxam (Maxxam) Total Assets : $361.60 Mil (As of Sep. 2009)


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What is Maxxam Total Assets?

Maxxam's Total Assets for the quarter that ended in Sep. 2009 was $361.60 Mil.

Total Assets is connected with ROA %. Maxxam's annualized ROA % for the quarter that ended in Sep. 2009 was -9.29%. Total Assets is also linked to Revenue through Asset Turnover. Maxxam's Asset Turnover for the quarter that ended in Sep. 2009 was 0.05.


Maxxam Total Assets Historical Data

The historical data trend for Maxxam'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.

Maxxam Total Assets Chart

Maxxam Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,015.20 1,048.30 1,009.90 518.90 400.30

Maxxam Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 410.30 400.30 388.60 370.30 361.60

Maxxam 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.

Maxxam'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 )
=-387+787.3
=400.30

Maxxam's Total Assets for the quarter that ended in Sep. 2009 is calculated as

Total Assets=Total Equity (Q: Sep. 2009 )+Total Liabilities (Q: Sep. 2009 )
=-416.4+778
=361.60

* 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.


Maxxam  (OTCPK:MAXX) Total Assets Explanation

Total Assets is connected with ROA %.

Maxxam's annualized ROA % for the quarter that ended in Sep. 2009 is

ROA %=Net Income (Q: Sep. 2009 )/( (Total Assets (Q: Jun. 2009 )+Total Assets (Q: Sep. 2009 ))/ count )
=-34/( (370.3+361.6)/ 2 )
=-34/365.95
=-9.29 %

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

Maxxam's Asset Turnover for the quarter that ended in Sep. 2009 is

Asset Turnover
=Revenue (Q: Sep. 2009 )/( (Total Assets (Q: Jun. 2009 )+Total Assets (Q: Sep. 2009 ))/ count )
=18.2/( (370.3+361.6)/ 2 )
=18.2/365.95
=0.05

* 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.

Maxxam Total Assets Related Terms

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Maxxam (Maxxam) Business Description

Traded in Other Exchanges
N/A
Address
Maxxam Inc through its subsidiaries, is engaged in the residential and commercial real estate investment and development, and racing operations.
Executives
Charles E Hurwitz director, 10 percent owner, officer: Chairman of the Board & CEO 1330 POST OAK BOULEVARD, SUITE 2000, HOUSTON TX 77056
Robert J Cruikshank director 2001 KIRBY, SUITE 313, HOUSTON TX 77019
Ezra G Levin director 1330 POST OAK BLVD., SUITE 2000, HOUSTON TX 77056
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Elizabeth D Brumley officer: Controller 9800 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036

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