GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Highlands Bankshares Inc (WV) (OTCPK:HBSI) » Definitions » Total Assets

Highlands Bankshares (WV) (Highlands Bankshares (WV)) Total Assets : $413.19 Mil (As of Dec. 2018)


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

What is Highlands Bankshares (WV) Total Assets?

Highlands Bankshares (WV)'s Total Assets for the quarter that ended in Dec. 2018 was $413.19 Mil.

Total Assets is connected with ROA %. Highlands Bankshares (WV)'s annualized ROA % for the quarter that ended in Dec. 2018 was 0.95%. Total Assets is also linked to Revenue through Asset Turnover. Highlands Bankshares (WV)'s Asset Turnover for the quarter that ended in Dec. 2018 was 0.05.


Highlands Bankshares (WV) Total Assets Historical Data

The historical data trend for Highlands Bankshares (WV)'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.

Highlands Bankshares (WV) Total Assets Chart

Highlands Bankshares (WV) Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 388.09 397.80 402.37 404.66 413.19

Highlands Bankshares (WV) Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 388.09 397.80 402.37 404.66 413.19

Highlands Bankshares (WV) 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.

Highlands Bankshares (WV)'s Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=53.28+359.913
=413.19

Highlands Bankshares (WV)'s Total Assets for the quarter that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (Q: Dec. 2018 )+Total Liabilities (Q: Dec. 2018 )
=53.28+359.913
=413.19

* 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.


Highlands Bankshares (WV)  (OTCPK:HBSI) Total Assets Explanation

Total Assets is connected with ROA %.

Highlands Bankshares (WV)'s annualized ROA % for the quarter that ended in Dec. 2018 is

ROA %=Net Income (Q: Dec. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Dec. 2018 ))/ count )
=3.889/( (404.658+413.193)/ 2 )
=3.889/408.9255
=0.95 %

Note: The Net Income data used here is one times the annual (Dec. 2018) 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.

Highlands Bankshares (WV)'s Asset Turnover for the quarter that ended in Dec. 2018 is

Asset Turnover
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Dec. 2018 ))/ count )
=19.792/( (404.658+413.193)/ 2 )
=19.792/408.9255
=0.05

* 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.

Highlands Bankshares (WV) Total Assets Related Terms

Thank you for viewing the detailed overview of Highlands Bankshares (WV)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Highlands Bankshares (WV) (Highlands Bankshares (WV)) Business Description

Traded in Other Exchanges
N/A
Address
3 North Main Street, P.O. Box 929, Petersburg, WV, USA, 26847
Highlands Bankshares Inc (WV) operates as a holding company, which engages in the provision of financial and banking services through its subsidiaries. It offers a variety of services, including commercial and individual demand and time deposit accounts, commercial and individual loans, drive-in banking services, and automatic teller machine banking. The banks provide services to customers located mainly in Grant, Hardy, Hampshire, Mineral, Pendleton, Randolph, and Tucker counties of West Virginia, including the towns of Petersburg, Keyser, Moorefield, Davis, and Wardensville.

Highlands Bankshares (WV) (Highlands Bankshares (WV)) Headlines

No Headlines