Meridian AD (XBLB:MRDN-R-A) Total Assets : BAM15.08 Mil (As of Dec. 2013)

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What is Meridian AD Total Assets?

Meridian AD's Total Assets for the quarter that ended in Dec. 2013 was BAM15.08 Mil.

Total Assets is connected with ROA %. Meridian AD's annualized ROA % for the quarter that ended in Dec. 2013 was 0.76%. Total Assets is also linked to Revenue through Asset Turnover. Meridian AD's Asset Turnover for the quarter that ended in Dec. 2013 was 0.26.

Meridian AD Total Assets Historical Data

The historical data trend for Meridian AD'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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Meridian AD Total Assets Chart

Meridian AD Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Total Assets

14.82

13.62

15.08

15.06

Meridian AD Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Dec14
Total Assets	Get a 7-Day Free Trial			-	13.62	15.57	15.08	15.06

Meridian AD 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.

Meridian AD's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets	=	Total Equity (A: Dec. 2014 )	+	Total Liabilities (A: Dec. 2014 )
	=	9.848	+	5.212
	=	15.06

Meridian AD's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2013 )	+	Total Liabilities (Q: Dec. 2013 )
	=	9.83	+	5.254
	=	15.08

Meridian AD (XBLB:MRDN-R-A) Total Assets Explanation

Total Assets is connected with ROA %.

Meridian AD's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %	=	Net Income (Q: Dec. 2013 )	/	( (Total Assets (Q: Jun. 2013 )	+	Total Assets (Q: Dec. 2013 ))	/ count )
	=	0.116	/	( (15.572	+	15.084)	/ 2 )
	=	0.116	/	15.328
	=	0.76 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2013) 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.

Meridian AD's Asset Turnover for the quarter that ended in Dec. 2013 is

	Asset Turnover
=	Revenue (Q: Dec. 2013 )	/	( (Total Assets (Q: Jun. 2013 )	+	Total Assets (Q: Dec. 2013 ))	/ count )
=	3.981	/	( (15.572	+	15.084)	/ 2 )
=	3.981	/	15.328
=	0.26

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.

Meridian AD Total Assets Related Terms

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Meridian AD (XBLB:MRDN-R-A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Meridian AD (XBLB:MRDN-R-A) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veselina Maslese 21/II, Banja Luka, BIH, 78000

Website

http://www.meridianbl.com

Meridian AD operates in integrated shipping and logistics industry in Bosnia and Herzegovina. The services offered by the company include organization of transport, collective transport, customs brokerage, storage of goods, and consulting.

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