FLXT (Flexpoint Sensor Systems) Total Assets: $5.17 Mil (As of Sep. 2024)

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What is Flexpoint Sensor Systems Total Assets?

Flexpoint Sensor Systems FLXT Total Assets is $5.17 Mil as of Sep. 2024.

Flexpoint Sensor Systems's Total Assets for the quarter that ended in Sep. 2024 was $5.17 Mil.

Total Assets is connected with ROA %. Flexpoint Sensor Systems's annualized ROA % for the quarter that ended in Sep. 2024 was -9.73%. Total Assets is also linked to Revenue through Asset Turnover. Flexpoint Sensor Systems's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Flexpoint Sensor Systems  (OTCPK:FLXT) Total Assets Explanation

Total Assets is connected with ROA %.

Flexpoint Sensor Systems'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 )
=-0.504/( (5.184+5.171)/ 2 )
=-0.504/5.1775
=-9.73 %

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.

Flexpoint Sensor Systems'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 )
=0.052/( (5.184+5.171)/ 2 )
=0.052/5.1775
=0.01

* 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.

Flexpoint Sensor Systems Total Assets Related Terms

Flexpoint Sensor Systems Total Assets Historical Data

* Premium members only.

The historical data trend for Flexpoint Sensor Systems'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.

Flexpoint Sensor Systems Total Assets Chart

Flexpoint Sensor Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 4.92 4.92 5.19 5.22

Flexpoint Sensor Systems Quarterly Data
Dec19 Mar20 Jun20 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 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 5.15 5.22 5.19 5.18 5.17

Flexpoint Sensor Systems 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.

Flexpoint Sensor Systems'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 )
=0.254+4.969
=5.22

Flexpoint Sensor Systems'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 )
=-0.164+5.336
=5.17

* 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 $5.17 Mil mean?
Flexpoint Sensor Systems (FLXT) has a Total Assets of $5.17 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Flexpoint Sensor Systems and its competitors.
Is Flexpoint Sensor Systems' Total Assets too high?
Flexpoint Sensor Systems' current Total Assets is $5.17 Mil.
How does Flexpoint Sensor Systems' Total Assets compare to AKTSQ and ELST?
Flexpoint Sensor Systems' Total Assets of $5.17 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Total Assets depends on the Hardware 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 Flexpoint Sensor Systems and its competitors. Flexpoint Sensor Systems's current Total Assets is $5.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexpoint Sensor Systems stock overvalued right now?
Flexpoint Sensor Systems (FLXT) has a current Total Assets of $5.17 Mil. The current Total Assets is $5.17 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 Flexpoint Sensor Systems (FLXT), the current Total Assets is $5.17 Mil as of Sep. 2024. 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.

Flexpoint Sensor Systems Business Description

Address 5718 W Dannon Way, Suite B, West Jordan, UT, USA, 84081
Flexpoint Sensor Systems Inc designs, manufactures, and markets flexible Bend Sensor technology. The Bend Sensor is used for myriad applications, spanning multiple markets such as automotive and transportation, wearables, medical, industrial controls, consumer products, and toys/gaming. Its products include Bend Sensor and USB Bend Sensor Kit.