FFPP (Fast Finance Pay) Total Assets : $0.00 Mil (As of . 20)

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What is Fast Finance Pay Total Assets?

Fast Finance Pay's Total Assets for the quarter that ended in . 20 was $0.00 Mil.

Total Assets is connected with ROA %. Fast Finance Pay's annualized ROA % for the quarter that ended in . 20 was %. Total Assets is also linked to Revenue through Asset Turnover. Fast Finance Pay's Asset Turnover for the quarter that ended in . 20 was .

Fast Finance Pay Total Assets Historical Data

The historical data trend for Fast Finance Pay'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.

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Fast Finance Pay Total Assets Chart

Fast Finance Pay Annual Data

Trend

Total Assets

Fast Finance Pay Semi-Annual Data

Total Assets

Fast Finance Pay 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.

Fast Finance Pay's Total Assets for the fiscal year that ended in . 20 is calculated as

Total Assets	=	Total Equity (A: . 20 )	+	Total Liabilities (A: . 20 )
	=	N/A	+	N/A
	=	N/A

Fast Finance Pay's Total Assets for the quarter that ended in . 20 is calculated as

Total Assets	=	Total Equity (Q: . 20 )	+	Total Liabilities (Q: . 20 )
	=	N/A	+	N/A
	=	N/A

Fast Finance Pay (OTCPK:FFPP) Total Assets Explanation

Total Assets is connected with ROA %.

Fast Finance Pay's annualized ROA % for the quarter that ended in . 20 is

ROA %	=	Net Income (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

Note: The Net Income data used here is one times the annual (. 20) 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.

Fast Finance Pay's Asset Turnover for the quarter that ended in . 20 is

	Asset Turnover
=	Revenue (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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.

Fast Finance Pay Total Assets Related Terms

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Fast Finance Pay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fast Finance Pay Corp (OTCPK:FFPP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

63-61 Yellowstone boulevard, 4A Forest Hills, New York, NY, USA, 11375

Website

https://www.ff24pay-corp.com

Fast Finance Pay Corp is a FinTech company that offers payment processing solutions, ff24 Payments, and standard banking processes, combined with white-labeling banking capability. Its ff24 Payments offers payment processing solutions, whether for one-off purchases or recurring subscriptions and is aimed at large and small online merchants as well as operators of the growing number of websites. It derives its income from the freemium subscription model. The ff24 Pay offers banking and instant transfer solutions for a wide range of the world's important currencies.