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Futuris Co (Futuris Co) Total Assets : $2.99 Mil (As of Jul. 2020)


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What is Futuris Co Total Assets?

Futuris Co's Total Assets for the quarter that ended in Jul. 2020 was $2.99 Mil.

Total Assets is connected with ROA %. Futuris Co's annualized ROA % for the quarter that ended in Jul. 2020 was 2.51%. Total Assets is also linked to Revenue through Asset Turnover. Futuris Co's Asset Turnover for the quarter that ended in Jul. 2020 was 0.35.

Futuris Co Total Assets Historical Data

The historical data trend for Futuris Co'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.

Futuris Co Total Assets Chart

Futuris Co Annual Data
Trend Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Total Assets
Get a 7-Day Free Trial 10.76 0.29 - - 2.99

Futuris Co Semi-Annual Data
Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Total Assets Get a 7-Day Free Trial 10.76 0.29 - - 2.99

Futuris Co 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.

Futuris Co's Total Assets for the fiscal year that ended in Jul. 2020 is calculated as

Total Assets=Total Equity (A: Jul. 2020 )+Total Liabilities (A: Jul. 2020 )
=-1.341+4.335
=2.99

Futuris Co's Total Assets for the quarter that ended in Jul. 2020 is calculated as

Total Assets=Total Equity (Q: Jul. 2020 )+Total Liabilities (Q: Jul. 2020 )
=-1.341+4.335
=2.99

* 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.

Futuris Co  (OTCPK:FTRS) Total Assets Explanation

Total Assets is connected with ROA %.

Futuris Co's annualized ROA % for the quarter that ended in Jul. 2020 is

ROA %=Net Income (Q: Jul. 2020 )/( (Total Assets (Q: Mar. 2004 )+Total Assets (Q: Jul. 2020 ))/ count )
=0.075/( (0+2.994)/ 1 )
=0.075/2.994
=2.51 %

Note: The Net Income data used here is one times the annual (Jul. 2020) 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.

Futuris Co's Asset Turnover for the quarter that ended in Jul. 2020 is

Asset Turnover
=Revenue (Q: Jul. 2020 )/( (Total Assets (Q: Mar. 2004 )+Total Assets (Q: Jul. 2020 ))/ count )
=1.042/( (0+2.994)/ 1 )
=1.042/2.994
=0.35

* 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.

Futuris Co Total Assets Related Terms

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Futuris Co (Futuris Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Futuris Co (OTCPK:FTRS) » Definitions » Total Assets
Comparable Companies
WAR:HRC NSE:DYNAMIC OSTO:NJOB GXXM BOM:539697 NSE:ACEINTEG XAMS:MORE ASX:HMI LSE:RTC XAMS:DPA
Traded in Other Exchanges
N/A
Address
22 Baltimore Road, Rockville, MD, USA, 20850
Website
https://www.futuris.company
Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.