FGNV (Forge Innovation Development) Total Assets: $0.16 Mil (As of Sep. 2025)

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What is Forge Innovation Development Total Assets?

Forge Innovation Development FGNV -89.00% Total Assets is $0.16 Mil as of Sep. 2025. The stock has 3 warning signs investors should review.

Forge Innovation Development's Total Assets for the quarter that ended in Sep. 2025 was $0.16 Mil.

Warning Sign:

If a company builds assets at 136.6% a year, faster than its revenue growth rate of 79.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Forge Innovation Development's average Total Assets Growth Rate was -98.00% per year. During the past 3 years, the average Total Assets Growth Rate was 358.30% per year. During the past 5 years, the average Total Assets Growth Rate was 136.60% per year.

During the past 9 years, Forge Innovation Development's highest 3-Year average Total Assets Growth Rate was 358.30%. The lowest was -27.70%. And the median was -9.30%.

Total Assets is connected with ROA %. Forge Innovation Development's annualized ROA % for the quarter that ended in Sep. 2025 was -82.76%. Total Assets is also linked to Revenue through Asset Turnover. Forge Innovation Development's Asset Turnover for the quarter that ended in Sep. 2025 was 0.00.

Forge Innovation Development  (OTCPK:FGNV) Total Assets Explanation

Total Assets is connected with ROA %.

Forge Innovation Development's annualized ROA % for the quarter that ended in Sep. 2025 is

ROA %=Net Income (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=-3.428/( (8.12+0.164)/ 2 )
=-3.428/4.142
=-82.76 %

Note: The Net Income data used here is four times the quarterly (Sep. 2025) 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.

Forge Innovation Development's Asset Turnover for the quarter that ended in Sep. 2025 is

Asset Turnover
=Revenue (Q: Sep. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Sep. 2025 ))/ count )
=0.016/( (8.12+0.164)/ 2 )
=0.016/4.142
=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.

Forge Innovation Development Total Assets Related Terms

Forge Innovation Development Total Assets Historical Data

* Premium members only.

The historical data trend for Forge Innovation Development'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.

Forge Innovation Development Total Assets Chart

Forge Innovation Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.35 0.15 0.13 9.31 8.22

Forge Innovation Development Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 8.26 8.22 8.16 8.12 0.16

Forge Innovation Development 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.

Forge Innovation Development's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1.758+6.457
=8.22

Forge Innovation Development's Total Assets for the quarter that ended in Sep. 2025 is calculated as

Total Assets=Total Equity (Q: Sep. 2025 )+Total Liabilities (Q: Sep. 2025 )
=-0.179+0.342
=0.16

* 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 $0.16 Mil mean?
Forge Innovation Development (FGNV) has a Total Assets of $0.16 Mil as of Sep. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Forge Innovation Development and its competitors.
Is Forge Innovation Development's Total Assets too high?
Forge Innovation Development's current Total Assets is $0.16 Mil.
How does Forge Innovation Development's Total Assets compare to AOXY and CBRE?
Forge Innovation Development's Total Assets of $0.16 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Total Assets depends on the Real Estate 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 Forge Innovation Development and its competitors. Forge Innovation Development's current Total Assets is $0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Innovation Development stock overvalued right now?
Based on GuruFocus' analysis, Forge Innovation Development (FGNV) is currently considered Possible Value Trap. The stock's GF Value™ is $2.45, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current Total Assets is $0.16 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 Forge Innovation Development (FGNV), the current Total Assets is $0.16 Mil as of Sep. 2025. 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.

Forge Innovation Development Business Description

Address 6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including the purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.