GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Nfiniti Inc (OTCPK:NFTN) » Definitions » Total Assets

Nfiniti (Nfiniti) Total Assets : $0.00 Mil (As of Jan. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Nfiniti Total Assets?

Nfiniti's Total Assets for the quarter that ended in Jan. 2024 was $0.00 Mil.

Total Assets is connected with ROA %. Nfiniti's annualized ROA % for the quarter that ended in Jan. 2024 was N/A%. Total Assets is also linked to Revenue through Asset Turnover. Nfiniti's Asset Turnover for the quarter that ended in Jan. 2024 was N/A.


Nfiniti Total Assets Historical Data

The historical data trend for Nfiniti'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.

Nfiniti Total Assets Chart

Nfiniti Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Oct19 Oct20 Oct21 Oct22 Oct23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Nfiniti Quarterly Data
Jan17 Apr17 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Nfiniti 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.

Nfiniti's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (A: Oct. 2023 )+Total Liabilities (A: Oct. 2023 )
=-0.134+0.134
=0.00

Nfiniti's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=-0.146+0.146
=0.00

* 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.


Nfiniti  (OTCPK:NFTN) Total Assets Explanation

Total Assets is connected with ROA %.

Nfiniti's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-0.048/( (0+0)/ 1 )
=-0.048/N/A
=N/A %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) 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.

Nfiniti's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=0/( (0+0)/ 1 )
=0/N/A
=N/A

* 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.

Nfiniti Total Assets Related Terms

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


Nfiniti (Nfiniti) Business Description

Traded in Other Exchanges
N/A
Address
Pampana 18, La Cruz de Huanacaxtle, La Cruz, NAY, MEX, 63734
Website
Nfiniti Inc is a Shell Company.
Executives
Robert Gelfand director, 10 percent owner, officer: Pres, CEO, Tres, CFO, SECR 1711 DRUMMOND DRIVE, VANCOUVER A1 V6T 1B7

Nfiniti (Nfiniti) Headlines

No Headlines