PREC (Prestige Cars International) Total Assets: $1.48 Mil (As of Sep. 2023)


What is Prestige Cars International Total Assets?

Prestige Cars International PREC Total Assets is $1.48 Mil as of Sep. 2023.

Prestige Cars International's Total Assets for the quarter that ended in Sep. 2023 was $1.48 Mil.

Total Assets is connected with ROA %. Prestige Cars International's annualized ROA % for the quarter that ended in Sep. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Prestige Cars International's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Prestige Cars International  (OTCPK:PREC) Total Assets Explanation

Total Assets is connected with ROA %.

Prestige Cars International's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (0+1.482)/ 1 )
=0/1.482
=0.00 %

Note: The Net Income data used here is one times the annual (Sep. 2023) 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.

Prestige Cars International's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (0+1.482)/ 1 )
=0/1.482
=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.

Prestige Cars International Total Assets Related Terms

Prestige Cars International Total Assets Historical Data

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The historical data trend for Prestige Cars International'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.

Prestige Cars International Total Assets Chart

Prestige Cars International Annual Data
Trend
Total Assets

Prestige Cars International Semi-Annual Data
Sep22 Sep23
Total Assets 0.00 1.48

Prestige Cars International 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.

Prestige Cars International's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets=Total Equity (A: . 20 )+Total Liabilities (A: . 20 )
=N/A+N/A
=N/A

Prestige Cars International's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-0.324+1.806
=1.48

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1.48 Mil mean?
Prestige Cars International (PREC) has a Total Assets of $1.48 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Prestige Cars International and its competitors.
Is Prestige Cars International's Total Assets too high?
Prestige Cars International's current Total Assets is $1.48 Mil.
How does Prestige Cars International's Total Assets compare to NCNCF and ZAPPF?
Prestige Cars International's Total Assets of $1.48 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Vehicles & Parts company?
A good Total Assets depends on the Vehicles & Parts industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Prestige Cars International and its competitors. Prestige Cars International's current Total Assets is $1.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prestige Cars International stock overvalued right now?
Prestige Cars International (PREC) has a current Total Assets of $1.48 Mil. The current Total Assets is $1.48 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Prestige Cars International (PREC), the current Total Assets is $1.48 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prestige Cars International Business Description

Address 1013 West Sunrise boulevard, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.