NeoMagic (NeoMagic) Total Assets : $0.63 Mil (As of Oct. 2010)

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What is NeoMagic Total Assets?

NeoMagic's Total Assets for the quarter that ended in Oct. 2010 was $0.63 Mil.

Total Assets is connected with ROA %. NeoMagic's annualized ROA % for the quarter that ended in Oct. 2010 was -66.97%. Total Assets is also linked to Revenue through Asset Turnover. NeoMagic's Asset Turnover for the quarter that ended in Oct. 2010 was 0.36.

NeoMagic Total Assets Historical Data

The historical data trend for NeoMagic'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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NeoMagic Total Assets Chart

NeoMagic Annual Data

Trend

Jan00

Jan01

Jan02

Jan03

Jan04

Jan05

Jan06

Jan07

Jan08

Jan09

Total Assets

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30.71

30.49

24.09

7.61

0.54

NeoMagic Quarterly Data
	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10
Total Assets	Get a 7-Day Free Trial															0.57	0.38	1.44	0.91	0.63

NeoMagic 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.

NeoMagic's Total Assets for the fiscal year that ended in Jan. 2009 is calculated as

Total Assets	=	Total Equity (A: Jan. 2009 )	+	Total Liabilities (A: Jan. 2009 )
	=	-3.32	+	3.855
	=	0.54

NeoMagic's Total Assets for the quarter that ended in Oct. 2010 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2010 )	+	Total Liabilities (Q: Oct. 2010 )
	=	-0.071	+	0.704
	=	0.63

NeoMagic (OTCPK:NMGC) Total Assets Explanation

Total Assets is connected with ROA %.

NeoMagic's annualized ROA % for the quarter that ended in Oct. 2010 is

ROA %	=	Net Income (Q: Oct. 2010 )	/	( (Total Assets (Q: Jul. 2010 )	+	Total Assets (Q: Oct. 2010 ))	/ count )
	=	-0.516	/	( (0.908	+	0.633)	/ 2 )
	=	-0.516	/	0.7705
	=	-66.97 %

Note: The Net Income data used here is four times the quarterly (Oct. 2010) 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.

NeoMagic's Asset Turnover for the quarter that ended in Oct. 2010 is

	Asset Turnover
=	Revenue (Q: Oct. 2010 )	/	( (Total Assets (Q: Jul. 2010 )	+	Total Assets (Q: Oct. 2010 ))	/ count )
=	0.275	/	( (0.908	+	0.633)	/ 2 )
=	0.275	/	0.7705
=	0.36

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.

NeoMagic Total Assets Related Terms

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NeoMagic (NeoMagic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NeoMagic Corp (OTCPK:NMGC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

830 Hillview Court, Suite 138, Milpitas, CA, USA, 95035

Website

http://www.neomagic.com

NeoMagic Corp designs and delivers consumer electronic device solutions with semiconductors and software for video, television, imaging, graphics, and audio. The products are offered under the MiMagic name.

Executives

Marxe Austin W & Greenhouse David M	10 percent owner	C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Steve Valenzuela	director	1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Brett Moyer	director	C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Stephen Lanza	officer: VP Operations & Finance, CFO	4650 CUSHING PARKWAY, FREMONT CA 94538

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