GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Paragon Shipping Inc (OTCPK:PRGNF) » Definitions » Total Assets

Paragon Shipping (Paragon Shipping) Total Assets : $0.72 Mil (As of Dec. 2016)


View and export this data going back to 2007. Start your Free Trial

What is Paragon Shipping Total Assets?

Paragon Shipping's Total Assets for the quarter that ended in Dec. 2016 was $0.72 Mil.

Total Assets is connected with ROA %. Paragon Shipping's annualized ROA % for the quarter that ended in Dec. 2016 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Paragon Shipping's Asset Turnover for the quarter that ended in Dec. 2016 was 0.00.


Paragon Shipping Total Assets Historical Data

The historical data trend for Paragon Shipping'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 Shipping Total Assets Chart

Paragon Shipping Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 419.98 419.55 456.60 107.24 0.72

Paragon Shipping Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 442.60 365.31 292.71 107.24 0.72

Paragon Shipping 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 Shipping's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=-18.584+19.3
=0.72

Paragon Shipping's Total Assets for the quarter that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (Q: Dec. 2016 )+Total Liabilities (Q: Dec. 2016 )
=-18.584+19.3
=0.72

* 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 Shipping  (OTCPK:PRGNF) Total Assets Explanation

Total Assets is connected with ROA %.

Paragon Shipping's annualized ROA % for the quarter that ended in Dec. 2016 is

ROA %=Net Income (Q: Dec. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Dec. 2016 ))/ count )
=0/( (107.241+0.716)/ 2 )
=0/53.9785
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) 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 Shipping's Asset Turnover for the quarter that ended in Dec. 2016 is

Asset Turnover
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Dec. 2015 )+Total Assets (Q: Dec. 2016 ))/ count )
=0/( (107.241+0.716)/ 2 )
=0/53.9785
=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.

Paragon Shipping Total Assets Related Terms

Thank you for viewing the detailed overview of Paragon Shipping's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Paragon Shipping (Paragon Shipping) Business Description

Traded in Other Exchanges
N/A
Address
15 Karamanli Avenue, Voula, GRC, 166 73
Paragon Shipping Inc is based in Greece but incorporated in the Marshall Islands, Paragon Shipping owns and operates medium-size dry-bulk ships and rents these assets through multiyear agreements. Paragon outsources its ship management to Allseas, a third-party company. Founded in 2006, the company has expanded to 12 ships from its original six, with plans to continue fleet additions.

Paragon Shipping (Paragon Shipping) Headlines

From GuruFocus

Paragon Shipping: A Diamond in the Dry Bulk Carnage

By alexs85 alexs85 03-21-2012