Coastal Contacts (OSTO:COA) Total Assets : kr527 Mil (As of Jan. 2014)

View and export this data going back to . Start your Free Trial

What is Coastal Contacts Total Assets?

Coastal Contacts's Total Assets for the quarter that ended in Jan. 2014 was kr527 Mil.

Total Assets is connected with ROA %. Coastal Contacts's annualized ROA % for the quarter that ended in Jan. 2014 was -18.23%. Total Assets is also linked to Revenue through Asset Turnover. Coastal Contacts's Asset Turnover for the quarter that ended in Jan. 2014 was 0.56.

Coastal Contacts Total Assets Historical Data

The historical data trend for Coastal Contacts'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.

Coastal Contacts Total Assets Chart

Coastal Contacts Annual Data

Trend

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Total Assets

Get a 7-Day Free Trial

377.85

460.87

525.84

558.97

576.68

Coastal Contacts Quarterly Data
	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14
Total Assets	Get a 7-Day Free Trial															541.00	611.13	617.18	576.68	526.88

Coastal Contacts 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.

Coastal Contacts's Total Assets for the fiscal year that ended in Oct. 2013 is calculated as

Total Assets	=	Total Equity (A: Oct. 2013 )	+	Total Liabilities (A: Oct. 2013 )
	=	221.593	+	355.084
	=	577

Coastal Contacts's Total Assets for the quarter that ended in Jan. 2014 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2014 )	+	Total Liabilities (Q: Jan. 2014 )
	=	192.647	+	334.235
	=	527

Coastal Contacts (OSTO:COA) Total Assets Explanation

Total Assets is connected with ROA %.

Coastal Contacts's annualized ROA % for the quarter that ended in Jan. 2014 is

ROA %	=	Net Income (Q: Jan. 2014 )	/	( (Total Assets (Q: Oct. 2013 )	+	Total Assets (Q: Jan. 2014 ))	/ count )
	=	-100.6	/	( (576.677	+	526.882)	/ 2 )
	=	-100.6	/	551.7795
	=	-18.23 %

Note: The Net Income data used here is four times the quarterly (Jan. 2014) 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.

Coastal Contacts's Asset Turnover for the quarter that ended in Jan. 2014 is

	Asset Turnover
=	Revenue (Q: Jan. 2014 )	/	( (Total Assets (Q: Oct. 2013 )	+	Total Assets (Q: Jan. 2014 ))	/ count )
=	308.925	/	( (576.677	+	526.882)	/ 2 )
=	308.925	/	551.7795
=	0.56

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.

Coastal Contacts Total Assets Related Terms

Thank you for viewing the detailed overview of Coastal Contacts's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Coastal Contacts (OSTO:COA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Coastal Contacts Inc. (OSTO:COA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.coastalcontacts.com

Coastal Contacts Inc. was incorporated under the Canada Business Corporations Act on December 14, 2000. The Company is an online retailer of vision care products. It is a direct-to-consumer retailer of vision care products and services. The Company sells contact lenses, eyeglasses and related products mainly through the Company's internet websites, although customers may also place orders over the telephone. It has operations and distribution centers in North America, Europe and Australia. The Company sells contact lenses manufactured by multinational companies such as Johnson and Johnson Inc., CIBA Vision Corporation (a division of Alcon), Bausch & Lomb Inc. and Coopervision Inc. It sells eyeglasses, which are mainly assembled in the Company's own laboratories, composed of frames and lenses purchased from a variety of different suppliers. The frames it uses in its eyeglasses include both branded frames and the Company's own private label frames such as Derek Cardigan, Kam Dhillon, Ltede and Joseph Marc. The Company also sells a variety of vision related products such as sunglasses and contact lens solutions including its own Healthy Eyes brand multipurpose contact lens solution for soft contact lenses. It offers substantially all of the soft contact lenses produced by the contact lens manufacturers, including Johnson & Johnson Inc., CIBA Vision Corporation, Bausch & Lomb Inc. and Coopervision Inc. The Company conducts all of its product fulfillment operations from the Company's distribution facilities in Vancouver, British Columbia, Canada; Stockholm, Sweden; Blaine, Washington and Sydney, Australia.

Coastal Contacts (OSTO:COA) Headlines

No Headlines