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Foodfest International 2000 (Foodfest International 2000) Total Assets : $3.93 Mil (As of Sep. 2011)


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What is Foodfest International 2000 Total Assets?

Foodfest International 2000's Total Assets for the quarter that ended in Sep. 2011 was $3.93 Mil.

Total Assets is connected with ROA %. Foodfest International 2000's annualized ROA % for the quarter that ended in Sep. 2011 was -31.60%. Total Assets is also linked to Revenue through Asset Turnover. Foodfest International 2000's Asset Turnover for the quarter that ended in Sep. 2011 was 0.83.


Foodfest International 2000 Total Assets Historical Data

The historical data trend for Foodfest International 2000'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.

Foodfest International 2000 Total Assets Chart

Foodfest International 2000 Annual Data
Trend Oct06 Oct07 Oct08 Oct09
Total Assets
0.11 0.36 0.55 -

Foodfest International 2000 Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Dec10 Mar11 Jun11 Sep11
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 - 4.29 5.41 4.30 3.93

Foodfest International 2000 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.

Foodfest International 2000's Total Assets for the fiscal year that ended in Oct. 2009 is calculated as

Total Assets=Total Equity (A: Oct. 2009 )+Total Liabilities (A: Oct. 2009 )
=-0.404+0.404
=0.00

Foodfest International 2000's Total Assets for the quarter that ended in Sep. 2011 is calculated as

Total Assets=Total Equity (Q: Sep. 2011 )+Total Liabilities (Q: Sep. 2011 )
=-1.91+5.834
=3.92

* 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.


Foodfest International 2000  (OTCPK:FDFT) Total Assets Explanation

Total Assets is connected with ROA %.

Foodfest International 2000's annualized ROA % for the quarter that ended in Sep. 2011 is

ROA %=Net Income (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=-1.3/( (4.303+3.925)/ 2 )
=-1.3/4.114
=-31.60 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) 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.

Foodfest International 2000's Asset Turnover for the quarter that ended in Sep. 2011 is

Asset Turnover
=Revenue (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=3.401/( (4.303+3.925)/ 2 )
=3.401/4.114
=0.83

* 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.

Foodfest International 2000 Total Assets Related Terms

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Foodfest International 2000 (Foodfest International 2000) Business Description

Traded in Other Exchanges
N/A
Address
1016 9th Street, Coronado, CA, USA, 92118
Foodfest International 2000 Inc currently has no operations.

Foodfest International 2000 (Foodfest International 2000) Headlines

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