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


What is Solidus Communications Total Assets?

Solidus Communications SLDC -8.33% Total Assets is $0.10 Mil as of Nov. 2016.

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  (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

Solidus Communications Total Assets Historical Data

* Premium members only.

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.

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 0.00 0.00 0.00 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 0.00 0.00 0.00 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.10 Mil mean?
Solidus Communications (SLDC) has a Total Assets of $0.10 Mil as of Nov. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on Solidus Communications and its competitors.
Is Solidus Communications' Total Assets too high?
Solidus Communications' current Total Assets is $0.10 Mil.
How does Solidus Communications' Total Assets compare to HMMR and DTGI?
Solidus Communications' Total Assets of $0.10 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Total Assets depends on the Telecommunication Services 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 Solidus Communications and its competitors. Solidus Communications's current Total Assets is $0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Total Assets of $0.10 Mil. The current Total Assets is $0.10 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 Solidus Communications (SLDC), the current Total Assets is $0.10 Mil as of Nov. 2016. 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.

Solidus Communications Business Description

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 two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.