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Solar Integrated Roofing (Solar Integrated Roofing) Total Assets : $153.69 Mil (As of Sep. 2022)


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What is Solar Integrated Roofing Total Assets?

Solar Integrated Roofing's Total Assets for the quarter that ended in Sep. 2022 was $153.69 Mil.

Total Assets is connected with ROA %. Solar Integrated Roofing's annualized ROA % for the quarter that ended in Sep. 2022 was 17.10%. Total Assets is also linked to Revenue through Asset Turnover. Solar Integrated Roofing's Asset Turnover for the quarter that ended in Sep. 2022 was 0.37.


Solar Integrated Roofing Total Assets Historical Data

The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing Total Assets Chart

Solar Integrated Roofing Annual Data
Trend Feb08 Feb09
Total Assets
1.36 0.78

Solar Integrated Roofing Quarterly Data
Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Sep21 Sep22
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 0.36 0.29 0.25 - 153.69

Solar Integrated Roofing 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.

Solar Integrated Roofing's Total Assets for the fiscal year that ended in Feb. 2009 is calculated as

Total Assets=Total Equity (A: Feb. 2009 )+Total Liabilities (A: Feb. 2009 )
=0.777+0.003
=0.78

Solar Integrated Roofing's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=92.192+61.495
=153.69

* 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.


Solar Integrated Roofing  (OTCPK:SIRC) Total Assets Explanation

Total Assets is connected with ROA %.

Solar Integrated Roofing's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Sep. 2022 ))/ count )
=26.288/( (0+153.688)/ 1 )
=26.288/153.688
=17.10 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

Solar Integrated Roofing's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Sep. 2022 ))/ count )
=57.267/( (0+153.688)/ 1 )
=57.267/153.688
=0.37

* 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.

Solar Integrated Roofing Total Assets Related Terms

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Solar Integrated Roofing (Solar Integrated Roofing) Business Description

Traded in Other Exchanges
N/A
Address
2831 St. Rose Pkwy, Suite 200, Henderson, NV, USA, 89052
Solar Integrated Roofing Corp is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on the acquisitions of like companies.
Executives
Richard G Stifel officer: CFO/Secretary 6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Timothy Barritt director, officer: CEO/President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Raymond Murphy director, officer: COO/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Richard Stockdale director, officer: Treasurer/Vice President 201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718