FMTO (Femto Technologies) Total Assets : $25.10 Mil (As of Sep. 2024)

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What is Femto Technologies Total Assets?

Femto Technologies's Total Assets for the quarter that ended in Sep. 2024 was $25.10 Mil.

During the past 12 months, Femto Technologies's average Total Assets Growth Rate was -40.60% per year.

Total Assets is connected with ROA %. Femto Technologies's annualized ROA % for the quarter that ended in Sep. 2024 was -57.87%. Total Assets is also linked to Revenue through Asset Turnover. Femto Technologies's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Femto Technologies Total Assets Historical Data

The historical data trend for Femto 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.

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Femto Technologies Total Assets Chart

Femto Technologies Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

5.85

36.73

27.43

Femto Technologies Quarterly Data
	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial													36.62	27.43	31.72	30.20	25.10

Femto 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.

Femto Technologies's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	25.959	+	1.472
	=	27.43

Femto Technologies's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	2.163	+	22.935
	=	25.10

Femto Technologies (NAS:FMTO) Total Assets Explanation

Total Assets is connected with ROA %.

Femto Technologies's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-16	/	( (30.201	+	25.098)	/ 2 )
	=	-16	/	27.6495
	=	-57.87 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) 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.

Femto Technologies's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0.075	/	( (30.201	+	25.098)	/ 2 )
=	0.075	/	27.6495
=	0.00

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.

Femto Technologies Total Assets Related Terms

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Femto Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Femto Technologies Inc (NAS:FMTO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2264 East 11th Avenue, Vancouver, BC, CAN, V5N 1Z6

Website

https://www.femtocorp.com

Femto Technologies Inc is an integrated software company. It owns and markets Benefit CRM, a proprietary customer relationship management CRM software product enabling small and medium sized businesses to optimize their day to day business activities such as sales management, personnel management, marketing, call center activities, and asset management.