NoFire Technologies (NoFire Technologies) Total Assets : $0.27 Mil (As of May. 2010)

NoFire Technologies Total Assets Chart

NoFire Technologies Annual Data
	Trend	Aug00	Aug01	Aug02	Aug03	Aug04	Aug05	Aug06	Aug07	Aug08	Aug09
Total Assets		Get a 7-Day Free Trial					0.14	0.13	0.56	0.35	0.35

NoFire Technologies Quarterly Data
	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Total Assets	Get a 7-Day Free Trial															0.35	0.35	0.17	0.23	0.27

NoFire 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.

NoFire Technologies's Total Assets for the fiscal year that ended in Aug. 2009 is calculated as

NoFire Technologies's Total Assets for the quarter that ended in May. 2010 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.

NoFire Technologies  (OTCPK:NFTI) Total Assets Explanation

Total Assets is connected with ROA %.

NoFire Technologies's annualized ROA % for the quarter that ended in May. 2010 is

Note: The Net Income data used here is four times the quarterly (May. 2010) 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.

NoFire Technologies's Asset Turnover for the quarter that ended in May. 2010 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.

NoFire Technologies Total Assets Related Terms

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NoFire Technologies (NoFire Technologies) Business Description