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JFTH (Japan Food Tech Holdings) Total Assets : $0.02 Mil (As of Jun. 2024)


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What is Japan Food Tech Holdings Total Assets?

Japan Food Tech Holdings's Total Assets for the quarter that ended in Jun. 2024 was $0.02 Mil.

During the past 12 months, Japan Food Tech Holdings's average Total Assets Growth Rate was -98.50% per year. During the past 3 years, the average Total Assets Growth Rate was -49.70% per year.

During the past 13 years, Japan Food Tech Holdings's highest 3-Year average Total Assets Growth Rate was 500.00%. The lowest was -74.50%. And the median was -3.80%.

Total Assets is connected with ROA %. Japan Food Tech Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -1,661.54%. Total Assets is also linked to Revenue through Asset Turnover. Japan Food Tech Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.31.


Japan Food Tech Holdings Total Assets Historical Data

The historical data trend for Japan Food Tech Holdings'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.

Japan Food Tech Holdings Total Assets Chart

Japan Food Tech Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.10 - 0.54 0.02

Japan Food Tech Holdings Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.59 0.57 0.02 0.02

Japan Food Tech Holdings 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.

Japan Food Tech Holdings's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=-0.028+0.05
=0.02

Japan Food Tech Holdings's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=-0.032+0.049
=0.02

* 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.


Japan Food Tech Holdings  (OTCPK:JFTH) Total Assets Explanation

Total Assets is connected with ROA %.

Japan Food Tech Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-0.324/( (0.022+0.017)/ 2 )
=-0.324/0.0195
=-1,661.54 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Japan Food Tech Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.006/( (0.022+0.017)/ 2 )
=0.006/0.0195
=0.31

* 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.

Japan Food Tech Holdings Total Assets Related Terms

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Japan Food Tech Holdings Business Description

Traded in Other Exchanges
N/A
Address
3F K’s Minamiaoyama 6-6-20 Minamiaoyama, Minato-ku, Tokyo, JPN, 107-0062
Japan Food Tech Holdings Inc formerly Dr. Foods Inc, acts as an importer, reseller, developer, and manufacturer of various plant-based food products to replace traditional animal products while retaining the taste and texture of the original.
Executives
Jeff Stockdale director, 10 percent owner, officer: President 461 ELLIOTT AVE WEST, SEATTLE WA 98119
Jeff R. Mitchell director, 10 percent owner C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVENUE, SUITE 1526, NEW YORK NY 10022