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Prime Acquisition (Prime Acquisition) Total Assets : $30.28 Mil (As of Dec. 2018)


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What is Prime Acquisition Total Assets?

Prime Acquisition's Total Assets for the quarter that ended in Dec. 2018 was $30.28 Mil.

Total Assets is connected with ROA %. Prime Acquisition's annualized ROA % for the quarter that ended in Dec. 2018 was 3.14%. Total Assets is also linked to Revenue through Asset Turnover. Prime Acquisition's Asset Turnover for the quarter that ended in Dec. 2018 was 0.08.

Prime Acquisition Total Assets Historical Data

The historical data trend for Prime Acquisition'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.

Prime Acquisition Total Assets Chart

Prime Acquisition Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial 49.13 38.55 36.82 34.43 30.28

Prime Acquisition Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets Get a 7-Day Free Trial 49.13 38.55 36.82 34.43 30.28

Prime Acquisition 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.

Prime Acquisition's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=-6.498+36.774
=30.28

Prime Acquisition's Total Assets for the quarter that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (Q: Dec. 2018 )+Total Liabilities (Q: Dec. 2018 )
=-6.498+36.774
=30.28

* 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.

Prime Acquisition  (NAS:PACQW) Total Assets Explanation

Total Assets is connected with ROA %.

Prime Acquisition's annualized ROA % for the quarter that ended in Dec. 2018 is

ROA %=Net Income (Q: Dec. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Dec. 2018 ))/ count )
=1.017/( (34.426+30.276)/ 2 )
=1.017/32.351
=3.14 %

Note: The Net Income data used here is one times the annual (Dec. 2018) 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.

Prime Acquisition's Asset Turnover for the quarter that ended in Dec. 2018 is

Asset Turnover
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Dec. 2018 ))/ count )
=2.684/( (34.426+30.276)/ 2 )
=2.684/32.351
=0.08

* 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.

Prime Acquisition Total Assets Related Terms

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Prime Acquisition (Prime Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prime Acquisition Corp (NAS:PACQW) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
No. 322, Zhongshan East Road, Hebei Province, Shijiazhuang, CHN, 050011
Website
https://ir.primeacq.com
Prime Acquisition Corp is a Cayman Islands company that owns and operates the office, commercial and industrial properties in Italy. It is focused on building a portfolio of high yield-producing assets. The company has a diverse portfolio of commercial real estate assets, including, primarily, well-located office buildings and industrial/warehouse buildings. It generates revenue from rental income.

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