FASDF (Fantasy Aces Daily Fantasy Sports) Total Assets: $2.37 Mil (As of Sep. 2016)


What is Fantasy Aces Daily Fantasy Sports Total Assets?

Fantasy Aces Daily Fantasy Sports FASDF Total Assets is $2.37 Mil as of Sep. 2016.

Fantasy Aces Daily Fantasy Sports's Total Assets for the quarter that ended in Sep. 2016 was $2.37 Mil.

Total Assets is connected with ROA %. Fantasy Aces Daily Fantasy Sports's annualized ROA % for the quarter that ended in Sep. 2016 was -55.66%. Total Assets is also linked to Revenue through Asset Turnover. Fantasy Aces Daily Fantasy Sports's Asset Turnover for the quarter that ended in Sep. 2016 was 0.15.

Fantasy Aces Daily Fantasy Sports  (OTCPK:FASDF) Total Assets Explanation

Total Assets is connected with ROA %.

Fantasy Aces Daily Fantasy Sports's annualized ROA % for the quarter that ended in Sep. 2016 is

ROA %=Net Income (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=-1.284/( (2.248+2.366)/ 2 )
=-1.284/2.307
=-55.66 %

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

Fantasy Aces Daily Fantasy Sports's Asset Turnover for the quarter that ended in Sep. 2016 is

Asset Turnover
=Revenue (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=0.347/( (2.248+2.366)/ 2 )
=0.347/2.307
=0.15

* 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.

Fantasy Aces Daily Fantasy Sports Total Assets Related Terms

Fantasy Aces Daily Fantasy Sports Total Assets Historical Data

* Premium members only.

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Total Assets Chart

Fantasy Aces Daily Fantasy Sports Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 3.25 2.01 0.22 1.95

Fantasy Aces Daily Fantasy Sports Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 5.22 1.95 2.51 2.25 2.37

Fantasy Aces Daily Fantasy Sports 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.

Fantasy Aces Daily Fantasy Sports's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=-0.144+2.095
=1.95

Fantasy Aces Daily Fantasy Sports's Total Assets for the quarter that ended in Sep. 2016 is calculated as

Total Assets=Total Equity (Q: Sep. 2016 )+Total Liabilities (Q: Sep. 2016 )
=0.195+2.171
=2.37

* 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 $2.37 Mil mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Total Assets of $2.37 Mil as of Sep. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Total Assets too high?
Fantasy Aces Daily Fantasy Sports' current Total Assets is $2.37 Mil.
How does Fantasy Aces Daily Fantasy Sports' Total Assets compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Total Assets of $2.37 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Total Assets depends on the Interactive Media 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 Fantasy Aces Daily Fantasy Sports and its competitors. Fantasy Aces Daily Fantasy Sports's current Total Assets is $2.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Total Assets of $2.37 Mil. The current Total Assets is $2.37 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 Fantasy Aces Daily Fantasy Sports (FASDF), the current Total Assets is $2.37 Mil as of Sep. 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.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.