PRXM (Proxim Wireless) Total Assets: $18.29 Mil (As of Mar. 2010)


What is Proxim Wireless Total Assets?

Proxim Wireless PRXM Total Assets is $18.29 Mil as of Mar. 2010.

Proxim Wireless's Total Assets for the quarter that ended in Mar. 2010 was $18.29 Mil.

Total Assets is connected with ROA %. Proxim Wireless's annualized ROA % for the quarter that ended in Mar. 2010 was -34.10%. Total Assets is also linked to Revenue through Asset Turnover. Proxim Wireless's Asset Turnover for the quarter that ended in Mar. 2010 was 0.40.

Proxim Wireless  (OTCPK:PRXM) Total Assets Explanation

Total Assets is connected with ROA %.

Proxim Wireless's annualized ROA % for the quarter that ended in Mar. 2010 is

ROA %=Net Income (Q: Mar. 2010 )/( (Total Assets (Q: Dec. 2009 )+Total Assets (Q: Mar. 2010 ))/ count )
=-6.504/( (19.857+18.291)/ 2 )
=-6.504/19.074
=-34.10 %

Note: The Net Income data used here is four times the quarterly (Mar. 2010) 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.

Proxim Wireless's Asset Turnover for the quarter that ended in Mar. 2010 is

Asset Turnover
=Revenue (Q: Mar. 2010 )/( (Total Assets (Q: Dec. 2009 )+Total Assets (Q: Mar. 2010 ))/ count )
=7.717/( (19.857+18.291)/ 2 )
=7.717/19.074
=0.40

* 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.

Proxim Wireless Total Assets Related Terms

Proxim Wireless Total Assets Historical Data

* Premium members only.

The historical data trend for Proxim Wireless'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.

Proxim Wireless Total Assets Chart

Proxim Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.76 49.88 36.41 24.34 19.86

Proxim Wireless Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec09 Mar10
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 29.33 24.34 0.00 19.86 18.29

Proxim Wireless 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.

Proxim Wireless's Total Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Assets=Total Equity (A: Dec. 2009 )+Total Liabilities (A: Dec. 2009 )
=1.582+18.275
=19.86

Proxim Wireless's Total Assets for the quarter that ended in Mar. 2010 is calculated as

Total Assets=Total Equity (Q: Mar. 2010 )+Total Liabilities (Q: Mar. 2010 )
=0.131+18.16
=18.29

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $18.29 Mil mean?
Proxim Wireless (PRXM) has a Total Assets of $18.29 Mil as of Mar. 2010. The total amount of assets as recorded on a company's balance sheet. View historical data on Proxim Wireless and its competitors.
Is Proxim Wireless' Total Assets too high?
Proxim Wireless' current Total Assets is $18.29 Mil.
How does Proxim Wireless' Total Assets compare to OSAT and GTXO?
Proxim Wireless' Total Assets of $18.29 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Assets depends on the Hardware 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 Proxim Wireless and its competitors. Proxim Wireless's current Total Assets is $18.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxim Wireless stock overvalued right now?
Proxim Wireless (PRXM) has a current Total Assets of $18.29 Mil. The current Total Assets is $18.29 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 Proxim Wireless (PRXM), the current Total Assets is $18.29 Mil as of Mar. 2010. 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.

Proxim Wireless Business Description

Address 2114 Ringwood Avenue, San Jose, CA, USA, 95131
Proxim Wireless Corp provides solutions for broadband wireless networks for enterprises, governments, and service providers. Its systems enable a variety of wireless applications, including security and surveillance, VoIP, last-mile access, enterprise LAN, and point-to-point backhaul. The company's product offerings include the Edge 1000 series of wireless broadband solutions; the Stratum series of 5 GHz and 6 GHz fixed wireless solutions for point-to-point and point-to-multipoint connectivity; ORiNOCO AP-9200R, an IP67-rated outdoor access point; ProximVision, a cloud-enabled carrier management system and WLAN controller; and Link calculator and estimator tools. Proxim serves customers through distributors, value-added resellers, system integrators, and original equipment manufacturers.