Medical Device Works (XPAR:ALMDW) Total Assets : €1.63 Mil (As of Dec. 2012)

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What is Medical Device Works Total Assets?

Medical Device Works's Total Assets for the quarter that ended in Dec. 2012 was €1.63 Mil.

Total Assets is connected with ROA %. Medical Device Works's annualized ROA % for the quarter that ended in Dec. 2012 was -92.03%. Total Assets is also linked to Revenue through Asset Turnover. Medical Device Works's Asset Turnover for the quarter that ended in Dec. 2012 was 0.82.

Medical Device Works Total Assets Historical Data

The historical data trend for Medical Device Works'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.

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Medical Device Works Total Assets Chart

Medical Device Works Annual Data

Trend

Dec11

Dec12

Total Assets

1.04

1.63

Medical Device Works Semi-Annual Data
	Dec11	Dec12
Total Assets	1.04	1.63

Medical Device Works 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.

Medical Device Works's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Assets	=	Total Equity (A: Dec. 2012 )	+	Total Liabilities (A: Dec. 2012 )
	=	-1.415	+	3.045
	=	1.63

Medical Device Works's Total Assets for the quarter that ended in Dec. 2012 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2012 )	+	Total Liabilities (Q: Dec. 2012 )
	=	-1.415	+	3.045
	=	1.63

Medical Device Works (XPAR:ALMDW) Total Assets Explanation

Total Assets is connected with ROA %.

Medical Device Works's annualized ROA % for the quarter that ended in Dec. 2012 is

ROA %	=	Net Income (Q: Dec. 2012 )	/	( (Total Assets (Q: Dec. 2011 )	+	Total Assets (Q: Dec. 2012 ))	/ count )
	=	-1.23	/	( (1.043	+	1.63)	/ 2 )
	=	-1.23	/	1.3365
	=	-92.03 %

Note: The Net Income data used here is one times the annual (Dec. 2012) 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.

Medical Device Works's Asset Turnover for the quarter that ended in Dec. 2012 is

	Asset Turnover
=	Revenue (Q: Dec. 2012 )	/	( (Total Assets (Q: Dec. 2011 )	+	Total Assets (Q: Dec. 2012 ))	/ count )
=	1.098	/	( (1.043	+	1.63)	/ 2 )
=	1.098	/	1.3365
=	0.82

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.

Medical Device Works Total Assets Related Terms

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Medical Device Works (XPAR:ALMDW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medical Device Works SA (XPAR:ALMDW) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.medicaldeviceworks.com

Medical Device Works SA is engaged in developing kits of minimally-invasive surgical devices for temporarily isolating damaged organs from blood flow.

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