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Extreme Biodiesel (Extreme Biodiesel) Total Assets : $0.67 Mil (As of Jun. 2012)


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What is Extreme Biodiesel Total Assets?

Extreme Biodiesel's Total Assets for the quarter that ended in Jun. 2012 was $0.67 Mil.

Total Assets is connected with ROA %. Extreme Biodiesel's annualized ROA % for the quarter that ended in Jun. 2012 was -38.24%. Total Assets is also linked to Revenue through Asset Turnover. Extreme Biodiesel's Asset Turnover for the quarter that ended in Jun. 2012 was 0.14.


Extreme Biodiesel Total Assets Historical Data

The historical data trend for Extreme Biodiesel'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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Extreme Biodiesel Total Assets Chart

Extreme Biodiesel Annual Data
Trend Jun09 Jun10 Jun11
Total Assets
- 0.92 0.80

Extreme Biodiesel Semi-Annual Data
Jun09 Jun10 Jun11 Jun12
Total Assets - 0.92 0.80 0.67

Extreme Biodiesel 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.

Extreme Biodiesel's Total Assets for the fiscal year that ended in Jun. 2011 is calculated as

Total Assets=Total Equity (A: Jun. 2011 )+Total Liabilities (A: Jun. 2011 )
=0.295+0.506
=0.80

Extreme Biodiesel's Total Assets for the quarter that ended in Jun. 2012 is calculated as

Total Assets=Total Equity (Q: Jun. 2012 )+Total Liabilities (Q: Jun. 2012 )
=0.113+0.561
=0.67

* 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.


Extreme Biodiesel  (OTCPK:XTRM) Total Assets Explanation

Total Assets is connected with ROA %.

Extreme Biodiesel's annualized ROA % for the quarter that ended in Jun. 2012 is

ROA %=Net Income (Q: Jun. 2012 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Jun. 2012 ))/ count )
=-0.282/( (0.801+0.674)/ 2 )
=-0.282/0.7375
=-38.24 %

Note: The Net Income data used here is one times the annual (Jun. 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.

Extreme Biodiesel's Asset Turnover for the quarter that ended in Jun. 2012 is

Asset Turnover
=Revenue (Q: Jun. 2012 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Jun. 2012 ))/ count )
=0.105/( (0.801+0.674)/ 2 )
=0.105/0.7375
=0.14

* 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.

Extreme Biodiesel Total Assets Related Terms

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Extreme Biodiesel (Extreme Biodiesel) Business Description

Traded in Other Exchanges
N/A
Address
153 West Lake Mead Parkway, Suite 2240, Henderson, NV, USA, 89015
Extreme Biodiesel Inc is engaged in the acquisition, development and sales of residential real estate in Idaho.
Executives
Joseph Jay Spadafore director, officer: SECRETARY 20315 AVENIDA DE ARBOLES, MURRIETA CA 92562
Richard Brian Carter director, officer: PRESIDENT 2721 VIA VISTOSA, SAN CLEMENTE CA 92675
Frank Rossana 10 percent owner 1350 W HORIZON RIDGE DR. #1922, HENDERSON NV 89014
Steve Hayden 10 percent owner 1560 MAPLE STREET, CARONA CA 92880
Ronald Davis 10 percent owner 4412 8TH STREET SW, VERO BEACH FL 32968

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