NanoTech Entertainment (NanoTech Entertainment) Total Assets : $0.11 Mil (As of Mar. 2010)

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What is NanoTech Entertainment Total Assets?

NanoTech Entertainment's Total Assets for the quarter that ended in Mar. 2010 was $0.11 Mil.

Total Assets is connected with ROA %. NanoTech Entertainment's annualized ROA % for the quarter that ended in Mar. 2010 was -1,015.02%. Total Assets is also linked to Revenue through Asset Turnover. NanoTech Entertainment's Asset Turnover for the quarter that ended in Mar. 2010 was 0.12.

NanoTech Entertainment Total Assets Historical Data

The historical data trend for NanoTech Entertainment'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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NanoTech Entertainment Total Assets Chart

NanoTech Entertainment Annual Data

Trend

Jun09

Total Assets

0.12

NanoTech Entertainment Quarterly Data
	Sep07	Dec07	Mar08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10
Total Assets	Get a 7-Day Free Trial					0.05	0.12	0.15	0.14	0.11

NanoTech Entertainment 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.

NanoTech Entertainment's Total Assets for the fiscal year that ended in Jun. 2009 is calculated as

Total Assets	=	Total Equity (A: Jun. 2009 )	+	Total Liabilities (A: Jun. 2009 )
	=	-1.364	+	1.483
	=	0.12

NanoTech Entertainment's Total Assets for the quarter that ended in Mar. 2010 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2010 )	+	Total Liabilities (Q: Mar. 2010 )
	=	-2.132	+	2.247
	=	0.12

NanoTech Entertainment (OTCPK:NTEK) Total Assets Explanation

Total Assets is connected with ROA %.

NanoTech Entertainment's annualized ROA % for the quarter that ended in Mar. 2010 is

ROA %	=	Net Income (Q: Mar. 2010 )	/	( (Total Assets (Q: Dec. 2009 )	+	Total Assets (Q: Mar. 2010 ))	/ count )
	=	-1.284	/	( (0.139	+	0.114)	/ 2 )
	=	-1.284	/	0.1265
	=	-1,015.02 %

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

NanoTech Entertainment's Asset Turnover for the quarter that ended in Mar. 2010 is

	Asset Turnover
=	Revenue (Q: Mar. 2010 )	/	( (Total Assets (Q: Dec. 2009 )	+	Total Assets (Q: Mar. 2010 ))	/ count )
=	0.015	/	( (0.139	+	0.114)	/ 2 )
=	0.015	/	0.1265
=	0.12

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.

NanoTech Entertainment Total Assets Related Terms

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NanoTech Entertainment (NanoTech Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NanoTech Entertainment Inc (OTCPK:NTEK) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2450 Kruse Drive, San Jose, CA, USA, 95131

Website

https://www.ntek.com

NanoTech Entertainment Inc operates as a manufacturer and developer of technology, games, television content, consumer goods, mobile applications, and consumer software. The portfolio of the company includes Ultraflix which offers 4K Ultra HD video for its subscribers, 4K studios which offers hardware and software solutions for 4K Ultra high definition output, and Ultra Media group which is a content licensing and production company that focuses on acquisition and creation of digital content. The company generates revenue from licensing products to third parties for manufacturing, distribution, manufacture, and sale and rental of products directly to consumers.

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