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


What is Mobile Lads Total Assets?

Mobile Lads MOBO Total Assets is $1.46 Mil as of Jul. 2016.

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  (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

Mobile Lads Total Assets Historical Data

* Premium members only.

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.

Mobile Lads Total Assets Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Total Assets
0.01 0.00 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1.46 Mil mean?
Mobile Lads (MOBO) has a Total Assets of $1.46 Mil as of Jul. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on Mobile Lads and its competitors.
Is Mobile Lads' Total Assets too high?
Mobile Lads' current Total Assets is $1.46 Mil.
How does Mobile Lads' Total Assets compare to DLOC and KNIT?
Mobile Lads' Total Assets of $1.46 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Assets depends on the Hardware 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 Mobile Lads and its competitors. Mobile Lads's current Total Assets is $1.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mobile Lads stock overvalued right now?
Mobile Lads (MOBO) has a current Total Assets of $1.46 Mil. The current Total Assets is $1.46 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 Mobile Lads (MOBO), the current Total Assets is $1.46 Mil as of Jul. 2016. 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.

Mobile Lads Business Description

Address 2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
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.