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SLDC (Solidus Communications) Total Assets : $0.10 Mil (As of Nov. 2016)


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What is Solidus Communications Total Assets?

Solidus Communications's Total Assets for the quarter that ended in Nov. 2016 was $0.10 Mil.

Total Assets is connected with ROA %. Solidus Communications's annualized ROA % for the quarter that ended in Nov. 2016 was 1,049.35%. Total Assets is also linked to Revenue through Asset Turnover. Solidus Communications's Asset Turnover for the quarter that ended in Nov. 2016 was 1.97.


Solidus Communications Total Assets Historical Data

The historical data trend for Solidus Communications'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.

Solidus Communications Total Assets Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.06 0.10

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.06 0.10

Solidus Communications 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.

Solidus Communications's Total Assets for the fiscal year that ended in Nov. 2016 is calculated as

Total Assets=Total Equity (A: Nov. 2016 )+Total Liabilities (A: Nov. 2016 )
=-5.065+5.162
=0.10

Solidus Communications's Total Assets for the quarter that ended in Nov. 2016 is calculated as

Total Assets=Total Equity (Q: Nov. 2016 )+Total Liabilities (Q: Nov. 2016 )
=-5.065+5.162
=0.10

* 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.


Solidus Communications  (OTCPK:SLDC) Total Assets Explanation

Total Assets is connected with ROA %.

Solidus Communications's annualized ROA % for the quarter that ended in Nov. 2016 is

ROA %=Net Income (Q: Nov. 2016 )/( (Total Assets (Q: Nov. 2015 )+Total Assets (Q: Nov. 2016 ))/ count )
=0.808/( (0.057+0.097)/ 2 )
=0.808/0.077
=1,049.35 %

Note: The Net Income data used here is one times the annual (Nov. 2016) 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.

Solidus Communications's Asset Turnover for the quarter that ended in Nov. 2016 is

Asset Turnover
=Revenue (Q: Nov. 2016 )/( (Total Assets (Q: Nov. 2015 )+Total Assets (Q: Nov. 2016 ))/ count )
=0.152/( (0.057+0.097)/ 2 )
=0.152/0.077
=1.97

* 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.

Solidus Communications Total Assets Related Terms

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Solidus Communications Business Description

Traded in Other Exchanges
N/A
Address
260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in three segments; Business, Governmental, and Residential.
Executives
Jmz Alliance Group, Inc. 10 percent owner 1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr. director, officer: CEO, President 111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains director, 10 percent owner, officer: President, Secretary-Treasurer 7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

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