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Future Farm Technologies (XCNQ:FFT) Total Assets : C$7.57 Mil (As of Nov. 2019)


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What is Future Farm Technologies Total Assets?

Future Farm Technologies's Total Assets for the quarter that ended in Nov. 2019 was C$7.57 Mil.

Total Assets is connected with ROA %. Future Farm Technologies's annualized ROA % for the quarter that ended in Nov. 2019 was -104.77%. Total Assets is also linked to Revenue through Asset Turnover. Future Farm Technologies's Asset Turnover for the quarter that ended in Nov. 2019 was 0.12.


Future Farm Technologies Total Assets Historical Data

The historical data trend for Future Farm Technologies'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.

Future Farm Technologies Total Assets Chart

Future Farm Technologies Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.19 7.04 10.91 10.03

Future Farm Technologies Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 13.40 10.03 8.95 7.74 7.57

Future Farm Technologies 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.

Future Farm Technologies's Total Assets for the fiscal year that ended in Feb. 2019 is calculated as

Total Assets=Total Equity (A: Feb. 2019 )+Total Liabilities (A: Feb. 2019 )
=3.899+6.129
=10.03

Future Farm Technologies's Total Assets for the quarter that ended in Nov. 2019 is calculated as

Total Assets=Total Equity (Q: Nov. 2019 )+Total Liabilities (Q: Nov. 2019 )
=-0.985+8.556
=7.57

* 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.


Future Farm Technologies  (XCNQ:FFT) Total Assets Explanation

Total Assets is connected with ROA %.

Future Farm Technologies's annualized ROA % for the quarter that ended in Nov. 2019 is

ROA %=Net Income (Q: Nov. 2019 )/( (Total Assets (Q: Aug. 2019 )+Total Assets (Q: Nov. 2019 ))/ count )
=-8.02/( (7.738+7.572)/ 2 )
=-8.02/7.655
=-104.77 %

Note: The Net Income data used here is four times the quarterly (Nov. 2019) 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.

Future Farm Technologies's Asset Turnover for the quarter that ended in Nov. 2019 is

Asset Turnover
=Revenue (Q: Nov. 2019 )/( (Total Assets (Q: Aug. 2019 )+Total Assets (Q: Nov. 2019 ))/ count )
=0.919/( (7.738+7.572)/ 2 )
=0.919/7.655
=0.12

* 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.

Future Farm Technologies Total Assets Related Terms

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Future Farm Technologies (XCNQ:FFT) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.

Future Farm Technologies (XCNQ:FFT) Headlines

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