FDMSF (Fandifi Technology) Total Assets: $0.75 Mil (As of Oct. 2023)


What is Fandifi Technology Total Assets?

Fandifi Technology FDMSF -99.00% Total Assets is $0.75 Mil as of Oct. 2023.

Fandifi Technology's Total Assets for the quarter that ended in Oct. 2023 was $0.75 Mil.

Total Assets is connected with ROA %. Fandifi Technology's annualized ROA % for the quarter that ended in Oct. 2023 was -162.16%. Total Assets is also linked to Revenue through Asset Turnover. Fandifi Technology's Asset Turnover for the quarter that ended in Oct. 2023 was 0.00.

Fandifi Technology  (OTCPK:FDMSF) Total Assets Explanation

Total Assets is connected with ROA %.

Fandifi Technology's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %=Net Income (Q: Oct. 2023 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=-1.324/( (0.886+0.747)/ 2 )
=-1.324/0.8165
=-162.16 %

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

Fandifi Technology's Asset Turnover for the quarter that ended in Oct. 2023 is

Asset Turnover
=Revenue (Q: Oct. 2023 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Oct. 2023 ))/ count )
=0/( (0.886+0.747)/ 2 )
=0/0.8165
=0.00

* 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.

Fandifi Technology Total Assets Related Terms

Fandifi Technology Total Assets Historical Data

* Premium members only.

The historical data trend for Fandifi Technology'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.

Fandifi Technology Total Assets Chart

Fandifi Technology Annual Data
Trend Nov14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.01 0.62 3.91 1.52

Fandifi Technology Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 1.78 1.52 1.06 0.89 0.75

Fandifi Technology 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.

Fandifi Technology's Total Assets for the fiscal year that ended in Jan. 2023 is calculated as

Total Assets=Total Equity (A: Jan. 2023 )+Total Liabilities (A: Jan. 2023 )
=0.933+0.587
=1.52

Fandifi Technology's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets=Total Equity (Q: Oct. 2023 )+Total Liabilities (Q: Oct. 2023 )
=-0.229+0.976
=0.75

* 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 $0.75 Mil mean?
Fandifi Technology (FDMSF) has a Total Assets of $0.75 Mil as of Oct. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Fandifi Technology and its competitors.
Is Fandifi Technology's Total Assets too high?
Fandifi Technology's current Total Assets is $0.75 Mil.
How does Fandifi Technology's Total Assets compare to TWOH and BZWR?
Fandifi Technology's Total Assets of $0.75 Mil can be compared against companies in the Software 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 a Software company?
A good Total Assets depends on the Software 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 Fandifi Technology and its competitors. Fandifi Technology's current Total Assets is $0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fandifi Technology stock overvalued right now?
Fandifi Technology (FDMSF) has a current Total Assets of $0.75 Mil. The current Total Assets is $0.75 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 Fandifi Technology (FDMSF), the current Total Assets is $0.75 Mil as of Oct. 2023. 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.

Fandifi Technology Business Description

Address 1100 Melville Street, Suite 830, Vancouver, BC, CAN, V6E 4A6
Fandifi Technology Corp is engaged in the development and monetization of the Company's all ages prediction and wagering Esports Entertainment Platform for engaging fans on mobile applications. The company operates in segments namely, Canada, Curacao, and Cyprus.