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Omni Ventures (Omni Ventures) Total Assets : $0.16 Mil (As of Jun. 2012)


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What is Omni Ventures Total Assets?

Omni Ventures's Total Assets for the quarter that ended in Jun. 2012 was $0.16 Mil.

Total Assets is connected with ROA %. Omni Ventures's annualized ROA % for the quarter that ended in Jun. 2012 was -7,187.33%. Total Assets is also linked to Revenue through Asset Turnover. Omni Ventures's Asset Turnover for the quarter that ended in Jun. 2012 was 0.12.


Omni Ventures Total Assets Historical Data

The historical data trend for Omni Ventures'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.

Omni Ventures Total Assets Chart

Omni Ventures Annual Data
Trend Sep09 Sep10 Sep11
Total Assets
- - 0.27

Omni Ventures Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 Premium Member Only 3.80 0.27 0.33 0.34 0.16

Omni Ventures 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.

Omni Ventures's Total Assets for the fiscal year that ended in Sep. 2011 is calculated as

Total Assets=Total Equity (A: Sep. 2011 )+Total Liabilities (A: Sep. 2011 )
=-0.416+0.689
=0.27

Omni Ventures's Total Assets for the quarter that ended in Jun. 2012 is calculated as

Total Assets=Total Equity (Q: Jun. 2012 )+Total Liabilities (Q: Jun. 2012 )
=-0.747+0.909
=0.16

* 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.


Omni Ventures  (OTCPK:OMVE) Total Assets Explanation

Total Assets is connected with ROA %.

Omni Ventures's annualized ROA % for the quarter that ended in Jun. 2012 is

ROA %=Net Income (Q: Jun. 2012 )/( (Total Assets (Q: Mar. 2012 )+Total Assets (Q: Jun. 2012 ))/ count )
=-18.148/( (0.343+0.162)/ 2 )
=-18.148/0.2525
=-7,187.33 %

Note: The Net Income data used here is four times the quarterly (Jun. 2012) 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.

Omni Ventures's Asset Turnover for the quarter that ended in Jun. 2012 is

Asset Turnover
=Revenue (Q: Jun. 2012 )/( (Total Assets (Q: Mar. 2012 )+Total Assets (Q: Jun. 2012 ))/ count )
=0.03/( (0.343+0.162)/ 2 )
=0.03/0.2525
=0.12

* 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.

Omni Ventures Total Assets Related Terms

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Omni Ventures (Omni Ventures) Business Description

Traded in Other Exchanges
N/A
Address
10940 Parallel Parkway, Suite K-257, Kansas City, KS, USA, 66109
Omni Ventures Inc through its wholly-owned subsidiary is primarily involved in the apparel design, manufacturing and distribution activities.
Executives
Bruce Harmon officer: Chief Financial Officer 316 DEL PRADO BLVD. S., SUITE 204, CAPE CORAL FL 33990

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