SCST (Suncast Solar Energy) Total Assets: $0.85 Mil (As of Dec. 2008)


What is Suncast Solar Energy Total Assets?

Suncast Solar Energy SCST Total Assets is $0.85 Mil as of Dec. 2008.

Suncast Solar Energy's Total Assets for the quarter that ended in Dec. 2008 was $0.85 Mil.

Total Assets is connected with ROA %. Suncast Solar Energy's annualized ROA % for the quarter that ended in Dec. 2008 was 324.24%. Total Assets is also linked to Revenue through Asset Turnover. Suncast Solar Energy's Asset Turnover for the quarter that ended in Dec. 2008 was 0.42.

Suncast Solar Energy  (OTCPK:SCST) Total Assets Explanation

Total Assets is connected with ROA %.

Suncast Solar Energy'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 )
=3.484/( (1.302+0.847)/ 2 )
=3.484/1.0745
=324.24 %

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.

Suncast Solar Energy'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 )
=0.455/( (1.302+0.847)/ 2 )
=0.455/1.0745
=0.42

* 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.

Suncast Solar Energy Total Assets Related Terms

Suncast Solar Energy Total Assets Historical Data

* Premium members only.

The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy Total Assets Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1.75 1.71 1.03 0.85

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 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 1.03 1.39 1.47 1.30 0.85

Suncast Solar Energy 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.

Suncast Solar Energy's Total Assets for the fiscal year that ended in Dec. 2008 is calculated as

Total Assets=Total Equity (A: Dec. 2008 )+Total Liabilities (A: Dec. 2008 )
=-2.25+3.097
=0.85

Suncast Solar Energy'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 )
=-2.25+3.097
=0.85

* 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 $0.85 Mil mean?
Suncast Solar Energy (SCST) has a Total Assets of $0.85 Mil as of Dec. 2008. The total amount of assets as recorded on a company's balance sheet. View historical data on Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Total Assets too high?
Suncast Solar Energy's current Total Assets is $0.85 Mil.
How does Suncast Solar Energy's Total Assets compare to ECEZ and CESX?
Suncast Solar Energy's Total Assets of $0.85 Mil can be compared against companies in the Waste Management 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 Waste Management company?
A good Total Assets depends on the Waste Management 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 Suncast Solar Energy and its competitors. Suncast Solar Energy's current Total Assets is $0.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Total Assets of $0.85 Mil. The current Total Assets is $0.85 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 Suncast Solar Energy (SCST), the current Total Assets is $0.85 Mil as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.