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Precicion Trim (Precicion Trim) Total Assets : $23.29 Mil (As of Sep. 2011)


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What is Precicion Trim Total Assets?

Precicion Trim's Total Assets for the quarter that ended in Sep. 2011 was $23.29 Mil.

Total Assets is connected with ROA %. Precicion Trim's annualized ROA % for the quarter that ended in Sep. 2011 was 22.35%. Total Assets is also linked to Revenue through Asset Turnover. Precicion Trim's Asset Turnover for the quarter that ended in Sep. 2011 was 0.10.


Precicion Trim Total Assets Historical Data

The historical data trend for Precicion Trim'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.

Precicion Trim Total Assets Chart

Precicion Trim Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.71 12.23 14.24 13.56 19.99

Precicion Trim Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 18.54 19.99 21.09 22.10 23.29

Precicion Trim 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.

Precicion Trim's Total Assets for the fiscal year that ended in Dec. 2010 is calculated as

Total Assets=Total Equity (A: Dec. 2010 )+Total Liabilities (A: Dec. 2010 )
=18.491+1.499
=19.99

Precicion Trim's Total Assets for the quarter that ended in Sep. 2011 is calculated as

Total Assets=Total Equity (Q: Sep. 2011 )+Total Liabilities (Q: Sep. 2011 )
=22.612+0.678
=23.29

* 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.


Precicion Trim  (OTCPK:PRTR) Total Assets Explanation

Total Assets is connected with ROA %.

Precicion Trim's annualized ROA % for the quarter that ended in Sep. 2011 is

ROA %=Net Income (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=5.072/( (22.1+23.29)/ 2 )
=5.072/22.695
=22.35 %

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

Precicion Trim's Asset Turnover for the quarter that ended in Sep. 2011 is

Asset Turnover
=Revenue (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=2.174/( (22.1+23.29)/ 2 )
=2.174/22.695
=0.10

* 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.

Precicion Trim Total Assets Related Terms

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Precicion Trim (Precicion Trim) Business Description

Traded in Other Exchanges
N/A
Address
17011 Beach Boulevard, 9th Floor, Huntington Beach, CA, USA, 92647
Precicion Trim Inc is a United States based company operating in the machine automation and development field. It designs, manufactures and distributes robotic and non-robotic machines in a wide variety of industries. The company is focused on the development and design of its flower trimming equipment. The equipment will be able to trim the head off of flowering plants at a distance that is programmable by the user. In addition, the company also owns medical devices.
Executives
Kenneth Leung director 257 GOLD STREET APT. 14B BROOKLYN NY 11201
Joseph Charles Passalaqua 10 percent owner 106 GLENWOOD DR SOUTH, LIVERPOOL NY 13090
Craig Burton director, officer: President 104 DUNLAP DRIVE, DEWITT NY 13214

Precicion Trim (Precicion Trim) Headlines

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