Sipp Industries (Sipp Industries) Total Assets : $0.00 Mil (As of Dec. 2006)

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What is Sipp Industries Total Assets?

Sipp Industries's Total Assets for the quarter that ended in Dec. 2006 was $0.00 Mil.

Total Assets is connected with ROA %. Sipp Industries's annualized ROA % for the quarter that ended in Dec. 2006 was N/A%. Total Assets is also linked to Revenue through Asset Turnover. Sipp Industries's Asset Turnover for the quarter that ended in Dec. 2006 was N/A.

Sipp Industries Total Assets Historical Data

The historical data trend for Sipp Industries'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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Sipp Industries Total Assets Chart

Sipp Industries Annual Data

Trend

Dec04

Dec05

Dec06

Total Assets

Sipp Industries Semi-Annual Data
	Dec04	Dec05	Dec06
Total Assets	-	-	-

Sipp Industries 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.

Sipp Industries's Total Assets for the fiscal year that ended in Dec. 2006 is calculated as

Total Assets	=	Total Equity (A: Dec. 2006 )	+	Total Liabilities (A: Dec. 2006 )
	=	-0.006	+	0.006
	=	0.00

Sipp Industries's Total Assets for the quarter that ended in Dec. 2006 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2006 )	+	Total Liabilities (Q: Dec. 2006 )
	=	-0.006	+	0.006
	=	0.00

Sipp Industries (OTCPK:SIPC) Total Assets Explanation

Total Assets is connected with ROA %.

Sipp Industries's annualized ROA % for the quarter that ended in Dec. 2006 is

ROA %	=	Net Income (Q: Dec. 2006 )	/	( (Total Assets (Q: Dec. 2005 )	+	Total Assets (Q: Dec. 2006 ))	/ count )
	=	-0.003	/	( (0	+	0)	/ 1 )
	=	-0.003	/	N/A
	=	N/A %

Note: The Net Income data used here is one times the annual (Dec. 2006) 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.

Sipp Industries's Asset Turnover for the quarter that ended in Dec. 2006 is

	Asset Turnover
=	Revenue (Q: Dec. 2006 )	/	( (Total Assets (Q: Dec. 2005 )	+	Total Assets (Q: Dec. 2006 ))	/ count )
=	0.003	/	( (0	+	0)	/ 1 )
=	0.003	/	N/A
=	N/A

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.

Sipp Industries Total Assets Related Terms

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Sipp Industries (Sipp Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sipp Industries Inc (OTCPK:SIPC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Anton Boulevard, Suite 1100, Costa Mesa, CA, USA, 92626

Website

http://www.sippindustries.com

Sipp Industries Inc is a is a brand owner of craft hemp beer and spirits. It forms strategic partnerships with craft breweries and distilleries to produce its products. The Company partners with local and national distributors to promote and market the beverages to events, bars, restaurants, lounges, clubs, and retail stores.