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Dr. Foods (Dr. Foods) Total Assets : $0.57 Mil (As of Dec. 2023)


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What is Dr. Foods Total Assets?

Dr. Foods's Total Assets for the quarter that ended in Dec. 2023 was $0.57 Mil.

During the past 3 years, the average Total Assets Growth Rate was 58.80% per year.

During the past 13 years, Dr. Foods's highest 3-Year average Total Assets Growth Rate was 500.00%. The lowest was -74.50%. And the median was 6.90%.

Total Assets is connected with ROA %. Dr. Foods's annualized ROA % for the quarter that ended in Dec. 2023 was -35.74%. Total Assets is also linked to Revenue through Asset Turnover. Dr. Foods's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


Dr. Foods Total Assets Historical Data

The historical data trend for Dr. Foods'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.

Dr. Foods Total Assets Chart

Dr. Foods Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.14 0.10 - 0.54

Dr. Foods Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.54 0.69 0.59 0.57

Dr. Foods 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.

Dr. Foods's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=0.502+0.04
=0.54

Dr. Foods's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=0.529+0.042
=0.57

* 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.


Dr. Foods  (OTCPK:DRFS) Total Assets Explanation

Total Assets is connected with ROA %.

Dr. Foods's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.208/( (0.593+0.571)/ 2 )
=-0.208/0.582
=-35.74 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Dr. Foods's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.007/( (0.593+0.571)/ 2 )
=0.007/0.582
=0.01

* 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.

Dr. Foods Total Assets Related Terms

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Dr. Foods (Dr. Foods) Business Description

Traded in Other Exchanges
N/A
Address
780 Reservoir Avenue, Suite 123, Cranston, RI, USA, 02910
Dr. Foods Inc, formerly Catapult Solutions Inc designs and builds air-to-water appliances for residential and commercial drinking water applications based on patented, patent pending and proprietary technologies. The company primarily serves businesses, governments, and individuals.
Executives
Jeff Stockdale director, 10 percent owner, officer: President 461 ELLIOTT AVE WEST, SEATTLE WA 98119
Jeff R. Mitchell director, 10 percent owner C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVENUE, SUITE 1526, NEW YORK NY 10022