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Mobile Lads (Mobile Lads) Total Assets : $1.46 Mil (As of Jul. 2016)


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What is Mobile Lads Total Assets?

Mobile Lads's Total Assets for the quarter that ended in Jul. 2016 was $1.46 Mil.

Total Assets is connected with ROA %. Mobile Lads's annualized ROA % for the quarter that ended in Jul. 2016 was -189.11%. Total Assets is also linked to Revenue through Asset Turnover. Mobile Lads's Asset Turnover for the quarter that ended in Jul. 2016 was 0.00.

Mobile Lads Total Assets Historical Data

The historical data trend for Mobile Lads'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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Mobile Lads Total Assets Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Total Assets
0.01 - 0.15

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 0.14 0.17 0.11 1.65 1.46

Mobile Lads 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.

Mobile Lads's Total Assets for the fiscal year that ended in Apr. 2015 is calculated as

Total Assets=Total Equity (A: Apr. 2015 )+Total Liabilities (A: Apr. 2015 )
=-0.139+0.285
=0.15

Mobile Lads's Total Assets for the quarter that ended in Jul. 2016 is calculated as

Total Assets=Total Equity (Q: Jul. 2016 )+Total Liabilities (Q: Jul. 2016 )
=0.968+0.492
=1.46

* 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.

Mobile Lads  (OTCPK:MOBO) Total Assets Explanation

Total Assets is connected with ROA %.

Mobile Lads's annualized ROA % for the quarter that ended in Jul. 2016 is

ROA %=Net Income (Q: Jul. 2016 )/( (Total Assets (Q: Apr. 2016 )+Total Assets (Q: Jul. 2016 ))/ count )
=-2.936/( (1.645+1.46)/ 2 )
=-2.936/1.5525
=-189.11 %

Note: The Net Income data used here is four times the quarterly (Jul. 2016) 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.

Mobile Lads's Asset Turnover for the quarter that ended in Jul. 2016 is

Asset Turnover
=Revenue (Q: Jul. 2016 )/( (Total Assets (Q: Apr. 2016 )+Total Assets (Q: Jul. 2016 ))/ count )
=0.004/( (1.645+1.46)/ 2 )
=0.004/1.5525
=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.

Mobile Lads Total Assets Related Terms

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Mobile Lads (Mobile Lads) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.