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Paragon Financial Solutions (Paragon Financial Solutions) Total Assets : $324.45 Mil (As of Mar. 2008)


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What is Paragon Financial Solutions Total Assets?

Paragon Financial Solutions's Total Assets for the quarter that ended in Mar. 2008 was $324.45 Mil.

Total Assets is connected with ROA %. Paragon Financial Solutions's annualized ROA % for the quarter that ended in Mar. 2008 was 0.03%. Total Assets is also linked to Revenue through Asset Turnover. Paragon Financial Solutions's Asset Turnover for the quarter that ended in Mar. 2008 was 0.01.


Paragon Financial Solutions Total Assets Historical Data

The historical data trend for Paragon Financial Solutions'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.

Paragon Financial Solutions Total Assets Chart

Paragon Financial Solutions Annual Data
Trend Dec05 Dec06 Dec07
Total Assets
152.20 233.79 314.85

Paragon Financial Solutions Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 256.40 267.08 286.70 314.85 324.45

Paragon Financial Solutions 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.

Paragon Financial Solutions's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (A: Dec. 2007 )+Total Liabilities (A: Dec. 2007 )
=29.785+285.06
=314.85

Paragon Financial Solutions's Total Assets for the quarter that ended in Mar. 2008 is calculated as

Total Assets=Total Equity (Q: Mar. 2008 )+Total Liabilities (Q: Mar. 2008 )
=31.228+293.221
=324.45

* 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.


Paragon Financial Solutions  (OTCPK:PGNN) Total Assets Explanation

Total Assets is connected with ROA %.

Paragon Financial Solutions's annualized ROA % for the quarter that ended in Mar. 2008 is

ROA %=Net Income (Q: Mar. 2008 )/( (Total Assets (Q: Dec. 2007 )+Total Assets (Q: Mar. 2008 ))/ count )
=0.1/( (314.845+324.45)/ 2 )
=0.1/319.6475
=0.03 %

Note: The Net Income data used here is four times the quarterly (Mar. 2008) 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.

Paragon Financial Solutions's Asset Turnover for the quarter that ended in Mar. 2008 is

Asset Turnover
=Revenue (Q: Mar. 2008 )/( (Total Assets (Q: Dec. 2007 )+Total Assets (Q: Mar. 2008 ))/ count )
=2.66/( (314.845+324.45)/ 2 )
=2.66/319.6475
=0.01

* 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.

Paragon Financial Solutions Total Assets Related Terms

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Paragon Financial Solutions (Paragon Financial Solutions) Business Description

Traded in Other Exchanges
N/A
Address
5400 Poplar Avenue, Suite 350, Memphis, TN, USA, 38119
Paragon Financial Solutions Inc provides small and mid-sized businesses, along with their owners and executives, with a complete package of banking solutions delivered both in-person and online. The company provides Cash Management Solutions; Commerical Lending; Personal Checking Accounts; Mortgages; Private Banking and others.

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