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FHLD (Freedom Hldg) Total Assets : $44.70 Mil (As of Dec. 2024)


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What is Freedom Hldg Total Assets?

Freedom Hldg's Total Assets for the quarter that ended in Dec. 2024 was $44.70 Mil.

During the past 9 years, Freedom Hldg's highest 3-Year average Total Assets Growth Rate was -8.70%. The lowest was -8.70%. And the median was -8.70%.

Total Assets is connected with ROA %. Freedom Hldg's annualized ROA % for the quarter that ended in Dec. 2024 was 77.81%. Total Assets is also linked to Revenue through Asset Turnover. Freedom Hldg's Asset Turnover for the quarter that ended in Dec. 2024 was 0.39.


Freedom Hldg Total Assets Historical Data

The historical data trend for Freedom Hldg'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.

Freedom Hldg Total Assets Chart

Freedom Hldg Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Sep20 Sep21 Sep22 Sep23 Sep24
Total Assets
Get a 7-Day Free Trial Premium Member Only - - - - 30.27

Freedom Hldg Quarterly Data
Dec11 Mar12 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - 30.27 44.70

Freedom Hldg 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.

Freedom Hldg's Total Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (A: Sep. 2024 )+Total Liabilities (A: Sep. 2024 )
=22.916+7.354
=30.27

Freedom Hldg's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=30.189+14.509
=44.70

* 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.


Freedom Hldg  (OTCPK:FHLD) Total Assets Explanation

Total Assets is connected with ROA %.

Freedom Hldg's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=29.168/( (30.27+44.698)/ 2 )
=29.168/37.484
=77.81 %

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

Freedom Hldg's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=14.793/( (30.27+44.698)/ 2 )
=14.793/37.484
=0.39

* 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.

Freedom Hldg Total Assets Related Terms

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Freedom Hldg Business Description

Traded in Other Exchanges
N/A
Address
10524 Independence Avenue, Chatsworth, CA, USA, 91311
Freedom Hldg Inc through its subsidiary The Awareness Group (TAG), operates in the alternative energy industry. TAG focuses on the solar energy sector, offering a comprehensive platform called TAG GRID that integrates solar sales, project funding, and lending solutions. The company is also involved in mergers and acquisitions, having acquired multiple companies in engineering, fintech services, and generation, which are integrated into their operations.
Executives
Robert W Carteaux director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Brian K Kistler director, 10 percent owner, officer: Principle Executive Officer 215 NORTH JEFFERSON, OSSIAN IN 46777
Stan P Lipp director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Rodney J Sinn director, 10 percent owner 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Gregory K Fields director 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825
Robin W Hunt director, officer: Principal Financial Officer 6615 BROTHERHOOD WAY, FORT WAYNE IN 46825