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Primemd (Primemd) Total Assets : $1.52 Mil (As of Dec. 2008)


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What is Primemd Total Assets?

Primemd's Total Assets for the quarter that ended in Dec. 2008 was $1.52 Mil.

Total Assets is connected with ROA %. Primemd's annualized ROA % for the quarter that ended in Dec. 2008 was -7.17%. Total Assets is also linked to Revenue through Asset Turnover. Primemd's Asset Turnover for the quarter that ended in Dec. 2008 was 0.01.


Primemd Total Assets Historical Data

The historical data trend for Primemd'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.

Primemd Total Assets Chart

Primemd Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.52 1.36 1.19 1.37

Primemd Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 1.25 1.35 1.36 1.38 1.52

Primemd 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.

Primemd's Total Assets for the fiscal year that ended in Mar. 2007 is calculated as

Total Assets=Total Equity (A: Mar. 2007 )+Total Liabilities (A: Mar. 2007 )
=1.368+0.005
=1.37

Primemd's Total Assets for the quarter that ended in Dec. 2008 is calculated as

Total Assets=Total Equity (Q: Dec. 2008 )+Total Liabilities (Q: Dec. 2008 )
=1.152+0.369
=1.52

* 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.


Primemd  (OTCPK:PRMD) Total Assets Explanation

Total Assets is connected with ROA %.

Primemd's annualized ROA % for the quarter that ended in Dec. 2008 is

ROA %=Net Income (Q: Dec. 2008 )/( (Total Assets (Q: Sep. 2008 )+Total Assets (Q: Dec. 2008 ))/ count )
=-0.104/( (1.379+1.52)/ 2 )
=-0.104/1.4495
=-7.17 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Primemd's Asset Turnover for the quarter that ended in Dec. 2008 is

Asset Turnover
=Revenue (Q: Dec. 2008 )/( (Total Assets (Q: Sep. 2008 )+Total Assets (Q: Dec. 2008 ))/ count )
=0.01/( (1.379+1.52)/ 2 )
=0.01/1.4495
=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.

Primemd Total Assets Related Terms

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Primemd (Primemd) Business Description

Traded in Other Exchanges
N/A
Address
9039 Antares Avenue, Suite No. E2, Columbus, OH, USA, 43240
Primemd Inc is a multispecialty professional services company. The company employs physicians, nurse practitioners, medical assistants to deliver services. Its services include Pediatrics; Primary Care; Spine and Pain Management; Urgent Care and others.

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