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Sina Finance and Credit Co (XTEH:VSIN1) Total Assets : IRR122,980,000 Mil (As of Mar. 2014)


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What is Sina Finance and Credit Co Total Assets?

Sina Finance and Credit Co's Total Assets for the quarter that ended in Mar. 2014 was IRR122,980,000 Mil.

Total Assets is connected with ROA %. Sina Finance and Credit Co's annualized ROA % for the quarter that ended in Mar. 2014 was 4.45%. Total Assets is also linked to Revenue through Asset Turnover. Sina Finance and Credit Co's Asset Turnover for the quarter that ended in Mar. 2014 was 0.07.

Sina Finance and Credit Co Total Assets Historical Data

The historical data trend for Sina Finance and Credit Co'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.

Sina Finance and Credit Co Total Assets Chart

Sina Finance and Credit Co Annual Data
Trend Mar12 Mar13 Mar14
Total Assets
66,746,000.00 94,450,000.00 122,980,000.00

Sina Finance and Credit Co Semi-Annual Data
Mar12 Mar13 Mar14
Total Assets 66,746,000.00 94,450,000.00 122,980,000.00

Sina Finance and Credit Co 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.

Sina Finance and Credit Co's Total Assets for the fiscal year that ended in Mar. 2014 is calculated as

Total Assets=Total Equity (A: Mar. 2014 )+Total Liabilities (A: Mar. 2014 )
=11890000+111090000
=122,980,000

Sina Finance and Credit Co's Total Assets for the quarter that ended in Mar. 2014 is calculated as

Total Assets=Total Equity (Q: Mar. 2014 )+Total Liabilities (Q: Mar. 2014 )
=11890000+111090000
=122,980,000

* 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.

Sina Finance and Credit Co  (XTEH:VSIN1) Total Assets Explanation

Total Assets is connected with ROA %.

Sina Finance and Credit Co's annualized ROA % for the quarter that ended in Mar. 2014 is

ROA %=Net Income (Q: Mar. 2014 )/( (Total Assets (Q: Mar. 2013 )+Total Assets (Q: Mar. 2014 ))/ count )
=4841000/( (94450000+122980000)/ 2 )
=4841000/108715000
=4.45 %

Note: The Net Income data used here is one times the annual (Mar. 2014) 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.

Sina Finance and Credit Co's Asset Turnover for the quarter that ended in Mar. 2014 is

Asset Turnover
=Revenue (Q: Mar. 2014 )/( (Total Assets (Q: Mar. 2013 )+Total Assets (Q: Mar. 2014 ))/ count )
=7471373/( (94450000+122980000)/ 2 )
=7471373/108715000
=0.07

* 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.

Sina Finance and Credit Co Total Assets Related Terms

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Sina Finance and Credit Co (XTEH:VSIN1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sina Finance and Credit Co (XTEH:VSIN1) » Definitions » Total Assets
Comparable Companies
PHS:CSB ISX:BNGA COL:PABC.N0000 TSE:7150 FSE:8559 COL:ABL.N0000 KAR:BOK TSE:8562 BOM:532180 KAR:SILK FSE:8560 TSE:8563 KAR:SNBL TSE:8416 ISX:BNII ISX:BABP KAR:BIPL ISX:INPC XPAE:PIBC DHA:ABBANK
Traded in Other Exchanges
N/A
Address
No 187 Motahari Avenue, Tehran, IRN, 1587998411
Website
http://www.sinabank.ir
Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.

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