Tectonic Financial (Tectonic Financial) Total Assets : $310.58 Mil (As of Mar. 2019)

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What is Tectonic Financial Total Assets?

Tectonic Financial's Total Assets for the quarter that ended in Mar. 2019 was $310.58 Mil.

Total Assets is connected with ROA %. Tectonic Financial's annualized ROA % for the quarter that ended in Mar. 2019 was 0.44%. Total Assets is also linked to Revenue through Asset Turnover. Tectonic Financial's Asset Turnover for the quarter that ended in Mar. 2019 was 0.02.

Tectonic Financial Total Assets Historical Data

The historical data trend for Tectonic Financial'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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Tectonic Financial Total Assets Chart

Tectonic Financial Annual Data

Trend

Total Assets

Tectonic Financial Semi-Annual Data
	Mar18	Mar19
Total Assets	-	310.58

Tectonic Financial 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.

Tectonic Financial's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets	=	Total Equity (A: . 20 )	+	Total Liabilities (A: . 20 )
	=	N/A	+	N/A
	=	N/A

Tectonic Financial's Total Assets for the quarter that ended in Mar. 2019 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2019 )	+	Total Liabilities (Q: Mar. 2019 )
	=	30.148	+	280.43
	=	310.58

Tectonic Financial (NAS:TECTP.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Tectonic Financial's annualized ROA % for the quarter that ended in Mar. 2019 is

ROA %	=	Net Income (Q: Mar. 2019 )	/	( (Total Assets (Q: Mar. 2018 )	+	Total Assets (Q: Mar. 2019 ))	/ count )
	=	1.352	/	( (0	+	310.578)	/ 1 )
	=	1.352	/	310.578
	=	0.44 %

Note: The Net Income data used here is one times the annual (Mar. 2019) 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.

Tectonic Financial's Asset Turnover for the quarter that ended in Mar. 2019 is

	Asset Turnover
=	Revenue (Q: Mar. 2019 )	/	( (Total Assets (Q: Mar. 2018 )	+	Total Assets (Q: Mar. 2019 ))	/ count )
=	5.192	/	( (0	+	310.578)	/ 1 )
=	5.192	/	310.578
=	0.02

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.

Tectonic Financial Total Assets Related Terms

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Tectonic Financial (Tectonic Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tectonic Financial Inc (NAS:TECTP.PFD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

16200 Dallas Parkway, Suite 190, Dallas, TX, USA, 75248

Website

https://www.t.financial

Tectonic Financial Inc is a financial holding company that offers banking, trust, investment advisory, securities brokerage, and insurance services to high net worth individuals, small businesses, and institutions. It operates through three business segments including Banking; Other Financial Services and HoldCo. The company generates maximum revenue from the Banking segment.

Executives

George L Ball	director, officer: Executive Co-Chairman	C/O SANDERS MORRIS HARRIS INC 600 TRAVIS #3100 HOUSTON TX 77002
A Haag Sherman	director, 10 percent owner, officer: Chairman	600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002

Tectonic Financial (Tectonic Financial) Headlines

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