FFAI (Faraday Future Intelligent Electric) Total Assets : $449.09 Mil (As of Sep. 2024)

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What is Faraday Future Intelligent Electric Total Assets?

Faraday Future Intelligent Electric's Total Assets for the quarter that ended in Sep. 2024 was $449.09 Mil.

During the past 12 months, Faraday Future Intelligent Electric's average Total Assets Growth Rate was -22.90% per year. During the past 3 years, the average Total Assets Growth Rate was 18.80% per year.

During the past 4 years, Faraday Future Intelligent Electric's highest 3-Year average Total Assets Growth Rate was 18.80%. The lowest was 18.80%. And the median was 18.80%.

Total Assets is connected with ROA %. Faraday Future Intelligent Electric's annualized ROA % for the quarter that ended in Sep. 2024 was -68.52%. Total Assets is also linked to Revenue through Asset Turnover. Faraday Future Intelligent Electric's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Faraday Future Intelligent Electric Total Assets Historical Data

The historical data trend for Faraday Future Intelligent Electric'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.

Faraday Future Intelligent Electric Total Assets Chart

Faraday Future Intelligent Electric Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

316.38

907.43

529.29

530.54

Faraday Future Intelligent Electric Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial												579.53	530.54	499.94	457.89	449.09

Faraday Future Intelligent Electric 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.

Faraday Future Intelligent Electric's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	228.236	+	302.303
	=	530.54

Faraday Future Intelligent Electric's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	156.756	+	292.33
	=	449.09

Faraday Future Intelligent Electric (NAS:FFAI) Total Assets Explanation

Total Assets is connected with ROA %.

Faraday Future Intelligent Electric's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-310.744	/	( (457.888	+	449.086)	/ 2 )
	=	-310.744	/	453.487
	=	-68.52 %

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

Faraday Future Intelligent Electric's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0.009	/	( (457.888	+	449.086)	/ 2 )
=	0.009	/	453.487
=	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.

Faraday Future Intelligent Electric Total Assets Related Terms

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Faraday Future Intelligent Electric Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Faraday Future Intelligent Electric Inc (NAS:FFAI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

18455 S. Figueroa Street, Gardena, CA, USA, 90248

Website

https://www.ff.com

Faraday Future Intelligent Electric Inc is a global shared intelligent mobility ecosystem. It is poised to break the boundaries between the Internet, IT, creative, and auto industries with product and service offerings that integrate new energy, AI, Internet, and sharing models.

Executives

Chad Chen	director	C/O FARADAY FUTURE INTELLIGENT ELECTRIC, 18455 S. FIGUEROA STREET, GARDENA CA 90248
Lev Peker	director	US AUTO PARTS, 16941 KEEGAN AVENUE, CARSON CA 90746
Jonathan Maroko	officer: Interim CFO	18455 S. FIGUEROA STREET, GARDENA CA 90248
Li Han	director	18455 S. FIGUEROA STREET, GARDENA CA 90248
Ke Sun	director	18455 S. FIGUEROA STREET, GARDENA CA 90248
Jie Sheng	director	18455 S. FIGUEROA STREET, GARDENA CA 90248
Xuefeng Chen	officer: Global Chief Exec. Officer	C/O FARADAY FUTURE INTELLIGENT ELECTRIC, INC., 18455 S. FIGUEROA STREET, GARDENA CA 90248
Yun Han	officer: CAO & Interim CFO	1449 HAMPTON ROAD, SAN MARINO CA 91108
Xin He	director	32000 AURORA ROAD, SUITE B, SOLON OH 44139
Rebecca A Roof	officer: Interim Chief Financial Office	C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Walter Mcbride	officer: Chief Financial Officer	FIRST CONSULTING GROUP, PO BOX 22676, LONG BEACH CA 90801-5676
Kruse Robert A Jr.	officer: Senior VP, Product Execution	18455 S. FIGUEROA STREET, GARDENA CA 90248
Hong Rao	officer: Vice President, I.A.I.	18455 S. FIGUEROA STREET, GARDENA CA 90248
Benedikt Hartmann	officer: Senior VP of Supply Chain	18455 S. FIGUEROA STREET, GARDENA CA 90248
Chui Tin Mok	officer: Exec. VP, Head of User Ecosys.	18455 S. FIGUEROA STREET, GARDENA CA 90248