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American Future Fuel (American Future Fuel) Total Assets : $4.11 Mil (As of Sep. 2023)


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What is American Future Fuel Total Assets?

American Future Fuel's Total Assets for the quarter that ended in Sep. 2023 was $4.11 Mil.

During the past 12 months, American Future Fuel's average Total Assets Growth Rate was 25.70% per year. During the past 3 years, the average Total Assets Growth Rate was 439.60% per year. During the past 5 years, the average Total Assets Growth Rate was 54.30% per year. During the past 10 years, the average Total Assets Growth Rate was -33.00% per year.

During the past 13 years, American Future Fuel's highest 3-Year average Total Assets Growth Rate was 439.60%. The lowest was -76.20%. And the median was -17.75%.

Total Assets is connected with ROA %. American Future Fuel's annualized ROA % for the quarter that ended in Sep. 2023 was -191.81%. Total Assets is also linked to Revenue through Asset Turnover. American Future Fuel's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

American Future Fuel Total Assets Historical Data

The historical data trend for American Future Fuel'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.

American Future Fuel Total Assets Chart

American Future Fuel Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.04 0.02 0.13 4.10

American Future Fuel Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 5.55 5.29 5.00 4.68 4.11

American Future Fuel 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.

American Future Fuel's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (A: Mar. 2022 )+Total Liabilities (A: Mar. 2022 )
=3.515+0.584
=4.10

American Future Fuel's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=3.895+0.211
=4.11

* 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.

American Future Fuel  (OTCPK:AFFCF) Total Assets Explanation

Total Assets is connected with ROA %.

American Future Fuel's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-8.428/( (4.681+4.107)/ 2 )
=-8.428/4.394
=-191.81 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

American Future Fuel's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0/( (4.681+4.107)/ 2 )
=0/4.394
=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.

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.

American Future Fuel Total Assets Related Terms

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American Future Fuel (American Future Fuel) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Future Fuel Corp (OTCPK:AFFCF) » Definitions » Total Assets
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Traded in Other Exchanges
K14:Germany AMPS:Canada
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Website
https://www.americanfuturefuel.com
American Future Fuel Corp is a Canada based company. The Company's business is to acquire, explore, and develop interests in mining projects. The Company has one operating segment, mineral exploration and development.