First Niles Financial (First Niles Financial) Total Assets : $100.67 Mil (As of Jun. 2018)

First Niles Financial Total Assets Chart

First Niles Financial Annual Data
	Trend	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec13	Dec14	Dec15
Total Assets		Get a 7-Day Free Trial					99.23	98.52	96.78	96.44	98.47

First Niles Financial Semi-Annual Data
	Jun99	Dec99	Jun00	Dec00	Jun01	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec13	Dec14	Dec15	Jun17	Jun18
Total Assets	Get a 7-Day Free Trial															96.78	96.44	98.47	-	100.67

First Niles Financial 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.

First Niles Financial's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

First Niles Financial's Total Assets for the quarter that ended in Jun. 2018 is calculated as

* 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.

First Niles Financial  (OTCPK:FNFI) Total Assets Explanation

Total Assets is connected with ROA %.

First Niles Financial's annualized ROA % for the quarter that ended in Jun. 2018 is

Note: The Net Income data used here is two times the semi-annual (Jun. 2018) 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.

First Niles Financial's Asset Turnover for the quarter that ended in Jun. 2018 is

* 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.

First Niles Financial Total Assets Related Terms

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First Niles Financial (First Niles Financial) Business Description