Mattmar Minerals (Mattmar Minerals) Total Assets : $0.01 Mil (As of May. 2012)

View and export this data going back to . Start your Free Trial

What is Mattmar Minerals Total Assets?

Mattmar Minerals's Total Assets for the quarter that ended in May. 2012 was $0.01 Mil.

Total Assets is connected with ROA %. Mattmar Minerals's annualized ROA % for the quarter that ended in May. 2012 was -192.31%. Total Assets is also linked to Revenue through Asset Turnover. Mattmar Minerals's Asset Turnover for the quarter that ended in May. 2012 was 0.00.

Mattmar Minerals Total Assets Historical Data

The historical data trend for Mattmar Minerals'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.

Mattmar Minerals Total Assets Chart

Mattmar Minerals Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

Total Assets

Get a 7-Day Free Trial

0.04

0.01

Mattmar Minerals Semi-Annual Data
	May06	May07	May08	May09	May10	May11	May12
Total Assets	Get a 7-Day Free Trial			0.04	0.01	0.01	0.01	0.01

Mattmar Minerals 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.

Mattmar Minerals's Total Assets for the fiscal year that ended in May. 2012 is calculated as

Total Assets	=	Total Equity (A: May. 2012 )	+	Total Liabilities (A: May. 2012 )
	=	0.012	+	0.002
	=	0.01

Mattmar Minerals's Total Assets for the quarter that ended in May. 2012 is calculated as

Total Assets	=	Total Equity (Q: May. 2012 )	+	Total Liabilities (Q: May. 2012 )
	=	0.012	+	0.002
	=	0.01

Mattmar Minerals (OTCPK:MTMS) Total Assets Explanation

Total Assets is connected with ROA %.

Mattmar Minerals's annualized ROA % for the quarter that ended in May. 2012 is

ROA %	=	Net Income (Q: May. 2012 )	/	( (Total Assets (Q: May. 2011 )	+	Total Assets (Q: May. 2012 ))	/ count )
	=	-0.025	/	( (0.012	+	0.014)	/ 2 )
	=	-0.025	/	0.013
	=	-192.31 %

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

Mattmar Minerals's Asset Turnover for the quarter that ended in May. 2012 is

	Asset Turnover
=	Revenue (Q: May. 2012 )	/	( (Total Assets (Q: May. 2011 )	+	Total Assets (Q: May. 2012 ))	/ count )
=	0	/	( (0.012	+	0.014)	/ 2 )
=	0	/	0.013
=	0.00

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.

Mattmar Minerals Total Assets Related Terms

Thank you for viewing the detailed overview of Mattmar Minerals's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Mattmar Minerals (Mattmar Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mattmar Minerals Inc (OTCPK:MTMS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Mattmar Minerals, Inc. was incorporated in Nevada on April 18, 2006. It operates as a development stage company. The Company focuses on engaging in merger or acquisition transaction with an operating company or business. Its purpose has been to serve as a vehicle to acquire an operating business and is considered as a shell company. It was an exploration-stage company that owned certain mineral rights in Canada.

Executives

Arnold P Kling	director, 10 percent owner, officer: President	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Kirk M Warshaw	officer: Chief Financial Officer	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc	10 percent owner	330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo	10 percent owner	C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028

Mattmar Minerals (Mattmar Minerals) Headlines

No Headlines