SOSO (Storage Computer) Total Assets: $4.56 Mil (As of Sep. 2004)

What is Storage Computer Total Assets?

Storage Computer SOSO -90.00% Total Assets is $4.56 Mil as of Sep. 2004.

Storage Computer's Total Assets for the quarter that ended in Sep. 2004 was $4.56 Mil.

Total Assets is connected with ROA %. Storage Computer's annualized ROA % for the quarter that ended in Sep. 2004 was -79.30%. Total Assets is also linked to Revenue through Asset Turnover. Storage Computer's Asset Turnover for the quarter that ended in Sep. 2004 was 0.02.

Storage Computer (OTCPK:SOSO) Total Assets Explanation

Total Assets is connected with ROA %.

Storage Computer's annualized ROA % for the quarter that ended in Sep. 2004 is

ROA %	=	Net Income (Q: Sep. 2004 )	/	( (Total Assets (Q: Jun. 2004 )	+	Total Assets (Q: Sep. 2004 ))	/ count )
	=	-3.72	/	( (4.819	+	4.563)	/ 2 )
	=	-3.72	/	4.691
	=	-79.30 %

Note: The Net Income data used here is four times the quarterly (Sep. 2004) 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.

Storage Computer's Asset Turnover for the quarter that ended in Sep. 2004 is

	Asset Turnover
=	Revenue (Q: Sep. 2004 )	/	( (Total Assets (Q: Jun. 2004 )	+	Total Assets (Q: Sep. 2004 ))	/ count )
=	0.086	/	( (4.819	+	4.563)	/ 2 )
=	0.086	/	4.691
=	0.02

* 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.

Storage Computer Total Assets Related Terms

Storage Computer Total Assets Historical Data

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The historical data trend for Storage Computer's Total Assets can be seen below:

Storage Computer Total Assets Chart

Storage Computer Annual Data

Trend

Dec94

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Total Assets

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14.23

45.12

33.71

9.87

5.77

Storage Computer Quarterly Data
	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04
Total Assets	Get a 7-Day Free Trial															6.50	5.77	5.28	4.82	4.56

Storage Computer 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.

Storage Computer's Total Assets for the fiscal year that ended in Dec. 2003 is calculated as

Total Assets	=	Total Equity (A: Dec. 2003 )	+	Total Liabilities (A: Dec. 2003 )
	=	2.42	+	3.353
	=	5.77

Storage Computer's Total Assets for the quarter that ended in Sep. 2004 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2004 )	+	Total Liabilities (Q: Sep. 2004 )
	=	-0.052	+	4.615
	=	4.56

Frequently Asked Questions Learn more about Total Assets →

What does a Total Assets of $4.56 Mil mean?

Storage Computer (SOSO) has a Total Assets of $4.56 Mil as of Sep. 2004. The total amount of assets as recorded on a company's balance sheet. View historical data on Storage Computer and its competitors.

Is Storage Computer's Total Assets too high?

Storage Computer's current Total Assets is $4.56 Mil.

How does Storage Computer's Total Assets compare to CRDS and MSDI?

Storage Computer's Total Assets of $4.56 Mil can be compared against companies in the Hardware 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 Hardware company?

A good Total Assets depends on the Hardware 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 Storage Computer and its competitors. Storage Computer's current Total Assets is $4.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Storage Computer stock overvalued right now?

Storage Computer (SOSO) has a current Total Assets of $4.56 Mil. The current Total Assets is $4.56 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 Storage Computer (SOSO), the current Total Assets is $4.56 Mil as of Sep. 2004. 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.

Storage Computer Business Description

Industry Technology Hardware

Comparable Companies CRDS MSDI GLA USAU QTM TFECF GDS PSTG TDC BRCD NTAP STX WDC

Address 11 Riverside Drive, Nashua, NH, USA, 03062-1373

Website https://www.storage.com

Storage Computer Corp designs and manufactures disk-storage subsystems and solid-state disks for enterprise-wide computer storage systems.