South Beach Spirits (South Beach Spirits) Total Assets : $0.35 Mil (As of Feb. 2018)

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What is South Beach Spirits Total Assets?

South Beach Spirits's Total Assets for the quarter that ended in Feb. 2018 was $0.35 Mil.

Total Assets is connected with ROA %. South Beach Spirits's annualized ROA % for the quarter that ended in Feb. 2018 was -15.14%. Total Assets is also linked to Revenue through Asset Turnover. South Beach Spirits's Asset Turnover for the quarter that ended in Feb. 2018 was 0.34.

South Beach Spirits Total Assets Historical Data

The historical data trend for South Beach Spirits'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.

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South Beach Spirits Total Assets Chart

South Beach Spirits Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Total Assets

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0.01

0.35

South Beach Spirits Semi-Annual Data
	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18
Total Assets	Get a 7-Day Free Trial			0.01	-	-	0.35	0.35

South Beach Spirits 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.

South Beach Spirits's Total Assets for the fiscal year that ended in Feb. 2018 is calculated as

Total Assets	=	Total Equity (A: Feb. 2018 )	+	Total Liabilities (A: Feb. 2018 )
	=	0.2	+	0.15
	=	0.35

South Beach Spirits's Total Assets for the quarter that ended in Feb. 2018 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2018 )	+	Total Liabilities (Q: Feb. 2018 )
	=	0.2	+	0.15
	=	0.35

South Beach Spirits (OTCPK:SBES) Total Assets Explanation

Total Assets is connected with ROA %.

South Beach Spirits's annualized ROA % for the quarter that ended in Feb. 2018 is

ROA %	=	Net Income (Q: Feb. 2018 )	/	( (Total Assets (Q: Feb. 2017 )	+	Total Assets (Q: Feb. 2018 ))	/ count )
	=	-0.053	/	( (0.35	+	0.35)	/ 2 )
	=	-0.053	/	0.35
	=	-15.14 %

Note: The Net Income data used here is one times the annual (Feb. 2018) 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.

South Beach Spirits's Asset Turnover for the quarter that ended in Feb. 2018 is

	Asset Turnover
=	Revenue (Q: Feb. 2018 )	/	( (Total Assets (Q: Feb. 2017 )	+	Total Assets (Q: Feb. 2018 ))	/ count )
=	0.119	/	( (0.35	+	0.35)	/ 2 )
=	0.119	/	0.35
=	0.34

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.

South Beach Spirits Total Assets Related Terms

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South Beach Spirits (South Beach Spirits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » South Beach Spirits Inc (OTCPK:SBES) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401

Website

http://southbeach-spirits.com

South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

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