FTS International (FTS International) Total Assets : $324.9 Mil (As of Sep. 2021)

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What is FTS International Total Assets?

FTS International's Total Assets for the quarter that ended in Sep. 2021 was $324.9 Mil.

Total Assets is connected with ROA %. FTS International's annualized ROA % for the quarter that ended in Sep. 2021 was -12.51%. Total Assets is also linked to Revenue through Asset Turnover. FTS International's Asset Turnover for the quarter that ended in Sep. 2021 was 0.28.

FTS International Total Assets Historical Data

The historical data trend for FTS International'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.

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FTS International Total Assets Chart

FTS International Annual Data

Trend

Dec08

Dec09

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Assets

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616.80

831.00

743.70

639.30

315.00

FTS International Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Total Assets	Get a 7-Day Free Trial															452.20	315.00	317.00	314.50	324.90

FTS International 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.

FTS International's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets	=	Total Equity (A: Dec. 2020 )	+	Total Liabilities (A: Dec. 2020 )
	=	266.6	+	48.4
	=	315.0

FTS International's Total Assets for the quarter that ended in Sep. 2021 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2021 )	+	Total Liabilities (Q: Sep. 2021 )
	=	248.1	+	76.8
	=	324.9

FTS International (AMEX:FTSI) Total Assets Explanation

Total Assets is connected with ROA %.

FTS International's annualized ROA % for the quarter that ended in Sep. 2021 is

ROA %	=	Net Income (Q: Sep. 2021 )	/	( (Total Assets (Q: Jun. 2021 )	+	Total Assets (Q: Sep. 2021 ))	/ count )
	=	-40	/	( (314.5	+	324.9)	/ 2 )
	=	-40	/	319.7
	=	-12.51 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) 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.

FTS International's Asset Turnover for the quarter that ended in Sep. 2021 is

	Asset Turnover
=	Revenue (Q: Sep. 2021 )	/	( (Total Assets (Q: Jun. 2021 )	+	Total Assets (Q: Sep. 2021 ))	/ count )
=	90.9	/	( (314.5	+	324.9)	/ 2 )
=	90.9	/	319.7
=	0.28

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.

FTS International Total Assets Related Terms

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FTS International (FTS International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FTS International Inc (AMEX:FTSI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Main Street, Suite 2900, Fort Worth, TX, USA, 76102

Website

https://www.ftsi.com

FTS International Inc is operates in the energy sector of United States. It caters to the oil and gas industry as one of the largest providers of hydraulic fracturing services in North America. The objective of hydraulic fracturing is to enhance hydrocarbon flow in oil and natural gas wells, thereby increasing the amount of hydrocarbons recovered. The company also has significant maintenance and repair capabilities, and it manufactures replacement parts to support its operations and enhance its asset utilization.

Executives

Jared Vitemb	officer: SVP, Gen Cnsl & Chf Compl Ofcr	777 MAIN STREET, SUITE 2906, FORT WORTH TX 76102
Michael J Doss	director, officer: Chief Executive Officer	777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Buddy Petersen	officer: Chief Operating Officer	777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Lance D. Turner	officer: CFO and Treasurer	777 MAIN STREET, SUITE 2900, FORT WORTH TX 76102
Karen D. Thornton	officer: Chief Administrative Officer	777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Temasek Holdings (private) Ltd	10 percent owner	60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Eugene I Davis	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Derek Gipson	director	777 MAIN STREET SUITE 2900 FORT WORTH TX 76102
Robert Kelly Owen	director	777 MAIN STREET SUITE 2900 FORT WORTH TX 76102
Thrc Holdings, Lp	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Christopher Robert Sayer	director	FIS INTERNATIONAL, INC. 777 MAIN STREET, SUITE 2900 FORTH WORTH TX 76102
Thrc Management, Llc	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Staci Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Glendon Capital Management Lp	director, 10 percent owner	2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404