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Trulite (Trulite) Total Assets : $0.10 Mil (As of Mar. 2008)


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What is Trulite Total Assets?

Trulite's Total Assets for the quarter that ended in Mar. 2008 was $0.10 Mil.

Total Assets is connected with ROA %. Trulite's annualized ROA % for the quarter that ended in Mar. 2008 was -1,255.41%. Total Assets is also linked to Revenue through Asset Turnover. Trulite's Asset Turnover for the quarter that ended in Mar. 2008 was 0.00.


Trulite Total Assets Historical Data

The historical data trend for Trulite'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.

Trulite Total Assets Chart

Trulite Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Total Assets
0.15 0.34 0.36 0.49

Trulite Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.59 0.13 0.49 0.10

Trulite 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.

Trulite's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (A: Dec. 2007 )+Total Liabilities (A: Dec. 2007 )
=-0.221+0.714
=0.49

Trulite's Total Assets for the quarter that ended in Mar. 2008 is calculated as

Total Assets=Total Equity (Q: Mar. 2008 )+Total Liabilities (Q: Mar. 2008 )
=-1.044+1.143
=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.


Trulite  (OTCPK:TRUL) Total Assets Explanation

Total Assets is connected with ROA %.

Trulite's annualized ROA % for the quarter that ended in Mar. 2008 is

ROA %=Net Income (Q: Mar. 2008 )/( (Total Assets (Q: Dec. 2007 )+Total Assets (Q: Mar. 2008 ))/ count )
=-3.716/( (0.493+0.099)/ 2 )
=-3.716/0.296
=-1,255.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2008) 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.

Trulite's Asset Turnover for the quarter that ended in Mar. 2008 is

Asset Turnover
=Revenue (Q: Mar. 2008 )/( (Total Assets (Q: Dec. 2007 )+Total Assets (Q: Mar. 2008 ))/ count )
=0/( (0.493+0.099)/ 2 )
=0/0.296
=0.00

* 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.

Trulite Total Assets Related Terms

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Trulite (Trulite) Business Description

Traded in Other Exchanges
N/A
Address
151 Powell Road, Suite 111, Northeast Campus, Columbia, SC, USA, 29203
Trulite Inc operates in the electronic sector. The company is engaged in the development and selling of portable, semi-portable and stationery products, components and power generation systems that can generate clean renewable power for use in off-grid applications requiring power up to one kilowatt.
Executives
Richard K Hoesterey director 7852 LA COSA DRIVE, DALLAS TX 75248

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