Forte Energy NL (ASX:FTE) Total Assets: A$0.58 Mil (As of Dec. 2016)


What is Forte Energy NL Total Assets?

Forte Energy NL ASX:FTE Total Assets is A$0.58 Mil as of Dec. 2016. The stock has 6 warning signs investors should review.

Forte Energy NL's Total Assets for the quarter that ended in Dec. 2016 was A$0.58 Mil.

During the past 12 months, Forte Energy NL's average Total Assets Growth Rate was 258.30% per year. During the past 3 years, the average Total Assets Growth Rate was -93.50% per year. During the past 5 years, the average Total Assets Growth Rate was -77.90% per year. During the past 10 years, the average Total Assets Growth Rate was -11.10% per year.

During the past 11 years, Forte Energy NL's highest 3-Year average Total Assets Growth Rate was 226.00%. The lowest was -93.50%. And the median was 37.10%.

Total Assets is connected with ROA %. Forte Energy NL's annualized ROA % for the quarter that ended in Dec. 2016 was -2,754.70%. Total Assets is also linked to Revenue through Asset Turnover. Forte Energy NL's Asset Turnover for the quarter that ended in Dec. 2016 was 0.00.

Forte Energy NL  (ASX:FTE) Total Assets Explanation

Total Assets is connected with ROA %.

Forte Energy NL's annualized ROA % for the quarter that ended in Dec. 2016 is

ROA %=Net Income (Q: Dec. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=-8.636/( (0.047+0.58)/ 2 )
=-8.636/0.3135
=-2,754.70 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2016) 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.

Forte Energy NL's Asset Turnover for the quarter that ended in Dec. 2016 is

Asset Turnover
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=0/( (0.047+0.58)/ 2 )
=0/0.3135
=0.00

* 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.

Forte Energy NL Total Assets Related Terms

Forte Energy NL Total Assets Historical Data

* Premium members only.

The historical data trend for Forte Energy NL'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.

Forte Energy NL Total Assets Chart

Forte Energy NL Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.24 31.66 32.30 1.09 0.05

Forte Energy NL Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 33.05 1.09 0.22 0.05 0.58

Forte Energy NL 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.

Forte Energy NL's Total Assets for the fiscal year that ended in Jun. 2016 is calculated as

Total Assets=Total Equity (A: Jun. 2016 )+Total Liabilities (A: Jun. 2016 )
=-1.438+1.485
=0.05

Forte Energy NL's Total Assets for the quarter that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (Q: Dec. 2016 )+Total Liabilities (Q: Dec. 2016 )
=0.312+0.268
=0.58

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of A$0.58 Mil mean?
Forte Energy NL (ASX:FTE) has a Total Assets of A$0.58 Mil as of Dec. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on Forte Energy NL and its competitors.
Is Forte Energy NL's Total Assets too high?
Forte Energy NL's current Total Assets is A$0.58 Mil.
How does Forte Energy NL's Total Assets compare to ZIMCF and MCCX?
Forte Energy NL's Total Assets of A$0.58 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Software company?
A good Total Assets depends on the Software industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Forte Energy NL and its competitors. Forte Energy NL's current Total Assets is A$0.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Energy NL stock overvalued right now?
Forte Energy NL (ASX:FTE) has a current Total Assets of A$0.58 Mil. The current Total Assets is A$0.58 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Forte Energy NL (ASX:FTE), the current Total Assets is A$0.58 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Forte Energy NL Business Description

BOS Global Holdings Ltd is an Australian software company which focuses on creating enterprise productivity solutions for the global workforce market. Its products include BOS360 Work Patterns, BOSMeet, BOSTime, and BOSAutomate. The BOS360 Work Patterns captures a digital footprint of worker's activity and presents it in a visual and powerful format that offers awareness driving efficiency and productive behavior; the BOSMeet is meeting management software; the BOSTime is automatic time an activity tracker; and the BOSAutomate is a complete document and records management suite which offers document management and electronic records management. The company serves its customer in Australia, Asia, UK, Europe and North America.