California First Leasing (California First Leasing) Total Assets : $233.28 Mil (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is California First Leasing Total Assets?

California First Leasing's Total Assets for the quarter that ended in Dec. 2023 was $233.28 Mil.

During the past 12 months, California First Leasing's average Total Assets Growth Rate was -15.20% per year. During the past 3 years, the average Total Assets Growth Rate was 17.10% per year. During the past 5 years, the average Total Assets Growth Rate was -1.20% per year. During the past 10 years, the average Total Assets Growth Rate was -14.30% per year.

During the past 13 years, California First Leasing's highest 3-Year average Total Assets Growth Rate was 17.30%. The lowest was -41.70%. And the median was 6.10%.

Total Assets is connected with ROA %. California First Leasing's annualized ROA % for the quarter that ended in Dec. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. California First Leasing's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

California First Leasing Total Assets Historical Data

The historical data trend for California First Leasing'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.

California First Leasing Total Assets Chart

California First Leasing Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

304.94

267.76

242.92

216.52

227.44

California First Leasing Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															252.27	216.52	212.52	227.44	233.28

California First Leasing 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.

California First Leasing's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	219.38	+	8.058
	=	227.44

California First Leasing's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	223.349	+	9.935
	=	233.28

California First Leasing (OTCPK:CFNB) Total Assets Explanation

Total Assets is connected with ROA %.

California First Leasing's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0	/	( (227.438	+	233.284)	/ 2 )
	=	0	/	230.361
	=	0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

California First Leasing's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (227.438	+	233.284)	/ 2 )
=	0	/	230.361
=	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.

California First Leasing Total Assets Related Terms

Thank you for viewing the detailed overview of California First Leasing's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

California First Leasing (California First Leasing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » California First Leasing Corp (OTCPK:CFNB) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5000 Birch Street, Suite 500, Newport Beach, CA, USA, 92660

Website

https://www.calfirstlease.com

California First Leasing Corp focuses on leasing and financing capital assets, commercial loans secured by equipment and developing an investment portfolio of equity securities.

Executives

Michael H Lowry	director
Robert Winton Kelley	director	5000 BIRCH STREET, SUITE 500, NEWPORT BEACH CA 92660-8142
Robert A Hodgson	officer: Sr. VP Tax & Accounting	18201 VON KARMAN AVE. #800, IRVINE CA 92612
Bedros Aharonyan	officer: President, Cal First Natl Bank	CALIFORNIA FIRST NATIONAL BANK, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Michael L Mcclendon	officer: SVP Credit of CalFirst Leasing	CALIFORNIA FIRST LEASING CORPORATION, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Glen T Tsuma	director, 10 percent owner, officer: CHief Operating Officer	18201 VON KARMAN AVE, SUITE 800, IRVINE CA 92612
Danilo Cacciamatta	director
Harris Ravine	director	8475 GREENWOOD DRIVE, NIWOT CO 80503
S Leslie Jewett	officer: Chief Financial Officer	18201 VON KARMAN AVENUE, IRVINE CA 92612
Patrick E Paddon	director, 10 percent owner, officer: Chief Executive Officer	18201 VON KARMAN AVENUE, IRVINE CA 92612