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News Communications (News Communications) Total Assets : $2.82 Mil (As of Dec. 2004)


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What is News Communications Total Assets?

News Communications's Total Assets for the quarter that ended in Dec. 2004 was $2.82 Mil.

Total Assets is connected with ROA %. News Communications's annualized ROA % for the quarter that ended in Dec. 2004 was -29.14%. Total Assets is also linked to Revenue through Asset Turnover. News Communications's Asset Turnover for the quarter that ended in Dec. 2004 was 3.34.


News Communications Total Assets Historical Data

The historical data trend for News Communications'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.

News Communications Total Assets Chart

News Communications Annual Data
Trend Nov96 Nov97 Nov98 Nov99 Dec00 Dec01 Dec02 Dec03 Dec04
Total Assets
Get a 7-Day Free Trial Premium Member Only 6.69 4.57 3.59 4.46 2.82

News Communications Semi-Annual Data
Nov96 Nov97 Nov98 Nov99 Dec00 Dec01 Dec02 Dec03 Dec04
Total Assets Get a 7-Day Free Trial Premium Member Only 6.69 4.57 3.59 4.46 2.82

News Communications 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.

News Communications's Total Assets for the fiscal year that ended in Dec. 2004 is calculated as

Total Assets=Total Equity (A: Dec. 2004 )+Total Liabilities (A: Dec. 2004 )
=-0.621+3.445
=2.82

News Communications's Total Assets for the quarter that ended in Dec. 2004 is calculated as

Total Assets=Total Equity (Q: Dec. 2004 )+Total Liabilities (Q: Dec. 2004 )
=-0.621+3.445
=2.82

* 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.


News Communications  (OTCPK:NWCM) Total Assets Explanation

Total Assets is connected with ROA %.

News Communications's annualized ROA % for the quarter that ended in Dec. 2004 is

ROA %=Net Income (Q: Dec. 2004 )/( (Total Assets (Q: Dec. 2003 )+Total Assets (Q: Dec. 2004 ))/ count )
=-1.062/( (4.464+2.824)/ 2 )
=-1.062/3.644
=-29.14 %

Note: The Net Income data used here is one times the annual (Dec. 2004) 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.

News Communications's Asset Turnover for the quarter that ended in Dec. 2004 is

Asset Turnover
=Revenue (Q: Dec. 2004 )/( (Total Assets (Q: Dec. 2003 )+Total Assets (Q: Dec. 2004 ))/ count )
=12.168/( (4.464+2.824)/ 2 )
=12.168/3.644
=3.34

* 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.

News Communications Total Assets Related Terms

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News Communications (News Communications) Business Description

Traded in Other Exchanges
N/A
Address
Website
News Communications, Inc. is engaged in publishing & distribution of advertiser-supported newspapers & magazines. It publishes three newspapers, two magazines including Dans Hampton Style & Dans Hampton Sports; & a guide, Dans Hampton Style Insider Guide.
Executives
Ross Wilbur L Jr director 328 EL VEDADO ROAD, PALM BEACH FL 33480

News Communications (News Communications) Headlines

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