LifeQuest World (LifeQuest World) Total Assets : $4.33 Mil (As of May. 2009)

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What is LifeQuest World Total Assets?

LifeQuest World's Total Assets for the quarter that ended in May. 2009 was $4.33 Mil.

Total Assets is connected with ROA %. LifeQuest World's annualized ROA % for the quarter that ended in May. 2009 was -34.58%. Total Assets is also linked to Revenue through Asset Turnover. LifeQuest World's Asset Turnover for the quarter that ended in May. 2009 was 0.22.

LifeQuest World Total Assets Historical Data

The historical data trend for LifeQuest World'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.

LifeQuest World Total Assets Chart

LifeQuest World Annual Data

Trend

May00

May01

May02

May03

May04

May05

May06

May07

May08

May09

Total Assets

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0.19

0.17

2.72

4.33

LifeQuest World Semi-Annual Data
	May99	May00	May01	May02	May03	May04	May05	May06	May07	May08	May09
Total Assets	Get a 7-Day Free Trial						0.19	0.17	2.72	2.72	4.33

LifeQuest World 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.

LifeQuest World's Total Assets for the fiscal year that ended in May. 2009 is calculated as

Total Assets	=	Total Equity (A: May. 2009 )	+	Total Liabilities (A: May. 2009 )
	=	1.705	+	2.629
	=	4.33

LifeQuest World's Total Assets for the quarter that ended in May. 2009 is calculated as

Total Assets	=	Total Equity (Q: May. 2009 )	+	Total Liabilities (Q: May. 2009 )
	=	1.705	+	2.629
	=	4.33

LifeQuest World (OTCPK:LQWC) Total Assets Explanation

Total Assets is connected with ROA %.

LifeQuest World's annualized ROA % for the quarter that ended in May. 2009 is

ROA %	=	Net Income (Q: May. 2009 )	/	( (Total Assets (Q: May. 2008 )	+	Total Assets (Q: May. 2009 ))	/ count )
	=	-1.219	/	( (2.718	+	4.333)	/ 2 )
	=	-1.219	/	3.5255
	=	-34.58 %

Note: The Net Income data used here is one times the annual (May. 2009) 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.

LifeQuest World's Asset Turnover for the quarter that ended in May. 2009 is

	Asset Turnover
=	Revenue (Q: May. 2009 )	/	( (Total Assets (Q: May. 2008 )	+	Total Assets (Q: May. 2009 ))	/ count )
=	0.77	/	( (2.718	+	4.333)	/ 2 )
=	0.77	/	3.5255
=	0.22

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.

LifeQuest World Total Assets Related Terms

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LifeQuest World (LifeQuest World) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LifeQuest World Corp (OTCPK:LQWC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660

Website

https://www.lifequestcorp.com

LifeQuest World Corp is a technology leader in low-cost, low-maintenance, eco-friendly, decentralized wastewater treatment. It intends to rapidly add solutions for the treatment of effluents. The company markets the following products namely BioPipe; Abrimix water treatment technology is capable of treating industrial wastewater and Goslyn is a patented fat, oil, and grease recovery device used in restaurants, hotels, and industrial kitchens.

Executives

Anthony Carl Jurak	director, 10 percent owner, officer: CEO	297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault	director, officer: President	1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes	officer: V.P. of Operations/Asst. Secy.	1181 GRIER DR., SUITE C, LAS VEGAS NV 89119