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PCYS (PrimeCare Systems) Total Assets : $0.51 Mil (As of Mar. 2011)


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What is PrimeCare Systems Total Assets?

PrimeCare Systems's Total Assets for the quarter that ended in Mar. 2011 was $0.51 Mil.

Total Assets is connected with ROA %. PrimeCare Systems's annualized ROA % for the quarter that ended in Mar. 2011 was -72.42%. Total Assets is also linked to Revenue through Asset Turnover. PrimeCare Systems's Asset Turnover for the quarter that ended in Mar. 2011 was 0.00.


PrimeCare Systems Total Assets Historical Data

The historical data trend for PrimeCare Systems'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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PrimeCare Systems Total Assets Chart

PrimeCare Systems Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10
Total Assets
0.40 0.24 0.29 0.37 0.40

PrimeCare Systems Quarterly Data
Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.40 0.41 0.45 0.51

PrimeCare Systems 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.

PrimeCare Systems's Total Assets for the fiscal year that ended in Jun. 2010 is calculated as

Total Assets=Total Equity (A: Jun. 2010 )+Total Liabilities (A: Jun. 2010 )
=0.179+0.224
=0.40

PrimeCare Systems's Total Assets for the quarter that ended in Mar. 2011 is calculated as

Total Assets=Total Equity (Q: Mar. 2011 )+Total Liabilities (Q: Mar. 2011 )
=0.267+0.243
=0.51

* 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.


PrimeCare Systems  (OTCPK:PCYS) Total Assets Explanation

Total Assets is connected with ROA %.

PrimeCare Systems's annualized ROA % for the quarter that ended in Mar. 2011 is

ROA %=Net Income (Q: Mar. 2011 )/( (Total Assets (Q: Dec. 2010 )+Total Assets (Q: Mar. 2011 ))/ count )
=-0.348/( (0.451+0.51)/ 2 )
=-0.348/0.4805
=-72.42 %

Note: The Net Income data used here is four times the quarterly (Mar. 2011) 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.

PrimeCare Systems's Asset Turnover for the quarter that ended in Mar. 2011 is

Asset Turnover
=Revenue (Q: Mar. 2011 )/( (Total Assets (Q: Dec. 2010 )+Total Assets (Q: Mar. 2011 ))/ count )
=0/( (0.451+0.51)/ 2 )
=0/0.4805
=0.00

* 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.

PrimeCare Systems Total Assets Related Terms

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PrimeCare Systems Business Description

Traded in Other Exchanges
N/A
Address
610 Thimble Shoals Boulevard, Suite 402 A, Newport News, VA, USA, 23606
PrimeCare Systems Inc develops and markets software and diagnostic products for the healthcare industry.

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