Lithuanian Shipping Company PC (OVSE:LJL1L) Total Assets : €33.28 Mil (As of Sep. 2015)

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What is Lithuanian Shipping Company PC Total Assets?

Lithuanian Shipping Company PC's Total Assets for the quarter that ended in Sep. 2015 was €33.28 Mil.

During the past 12 months, Lithuanian Shipping Company PC's average Total Assets Growth Rate was -14.90% per year. During the past 3 years, the average Total Assets Growth Rate was -15.30% per year. During the past 5 years, the average Total Assets Growth Rate was -14.00% per year.

During the past 8 years, Lithuanian Shipping Company PC's highest 3-Year average Total Assets Growth Rate was -6.30%. The lowest was -15.30%. And the median was -12.20%.

Total Assets is connected with ROA %. Lithuanian Shipping Company PC's annualized ROA % for the quarter that ended in Sep. 2015 was -37.48%. Total Assets is also linked to Revenue through Asset Turnover. Lithuanian Shipping Company PC's Asset Turnover for the quarter that ended in Sep. 2015 was 0.02.

Lithuanian Shipping Company PC Total Assets Historical Data

The historical data trend for Lithuanian Shipping Company PC'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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Lithuanian Shipping Company PC Total Assets Chart

Lithuanian Shipping Company PC Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Total Assets

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71.55

62.83

59.26

47.15

37.96

Lithuanian Shipping Company PC Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Total Assets	Get a 7-Day Free Trial															38.69	37.96	36.51	33.02	33.28

Lithuanian Shipping Company PC 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.

Lithuanian Shipping Company PC's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets	=	Total Equity (A: Dec. 2014 )	+	Total Liabilities (A: Dec. 2014 )
	=	17.367	+	20.591
	=	37.96

Lithuanian Shipping Company PC's Total Assets for the quarter that ended in Sep. 2015 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2015 )	+	Total Liabilities (Q: Sep. 2015 )
	=	10.097	+	23.184
	=	33.28

Lithuanian Shipping Company PC (OVSE:LJL1L) Total Assets Explanation

Total Assets is connected with ROA %.

Lithuanian Shipping Company PC's annualized ROA % for the quarter that ended in Sep. 2015 is

ROA %	=	Net Income (Q: Sep. 2015 )	/	( (Total Assets (Q: Jun. 2015 )	+	Total Assets (Q: Sep. 2015 ))	/ count )
	=	-12.424	/	( (33.023	+	33.281)	/ 2 )
	=	-12.424	/	33.152
	=	-37.48 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) 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.

Lithuanian Shipping Company PC's Asset Turnover for the quarter that ended in Sep. 2015 is

	Asset Turnover
=	Revenue (Q: Sep. 2015 )	/	( (Total Assets (Q: Jun. 2015 )	+	Total Assets (Q: Sep. 2015 ))	/ count )
=	0.703	/	( (33.023	+	33.281)	/ 2 )
=	0.703	/	33.152
=	0.02

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.

Lithuanian Shipping Company PC Total Assets Related Terms

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Lithuanian Shipping Company PC Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Lithuanian Shipping Company PC (OVSE:LJL1L) » Definitions » Total Assets

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Address

Website

http://www.ljl.lt

Lietuvos juru laivininkyste is a shipping company. It is engaged in carrying bulk, timber, general and container cargoes by sea transport and leasing ships. The Company owns a fleet of cargo vessels as well as ferries for transportation of cargoes.

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