Fineqia International (Fineqia International) Total Assets : $1.70 Mil (As of Mar. 2024)

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What is Fineqia International Total Assets?

Fineqia International's Total Assets for the quarter that ended in Mar. 2024 was $1.70 Mil.

During the past 12 months, Fineqia International's average Total Assets Growth Rate was 47.10% per year. During the past 3 years, the average Total Assets Growth Rate was -6.00% per year. During the past 5 years, the average Total Assets Growth Rate was -1.20% per year. During the past 10 years, the average Total Assets Growth Rate was 13.00% per year.

During the past 13 years, Fineqia International's highest 3-Year average Total Assets Growth Rate was 232.70%. The lowest was -16.90%. And the median was 16.60%.

Total Assets is connected with ROA %. Fineqia International's annualized ROA % for the quarter that ended in Mar. 2024 was -87.04%. Total Assets is also linked to Revenue through Asset Turnover. Fineqia International's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Fineqia International Total Assets Historical Data

The historical data trend for Fineqia International'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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Fineqia International Total Assets Chart

Fineqia International Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Dec22

Dec23

Total Assets

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2.10

2.15

1.91

1.20

1.77

Fineqia International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1.17	1.43	1.98	1.77	1.70

Fineqia International 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.

Fineqia International'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 )
	=	-1.452	+	3.219
	=	1.77

Fineqia International's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	-1.766	+	3.463
	=	1.70

Fineqia International (OTCPK:FNQQF) Total Assets Explanation

Total Assets is connected with ROA %.

Fineqia International's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-1.508	/	( (1.767	+	1.698)	/ 2 )
	=	-1.508	/	1.7325
	=	-87.04 %

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

Fineqia International's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (1.767	+	1.698)	/ 2 )
=	0	/	1.7325
=	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.

Fineqia International Total Assets Related Terms

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Fineqia International (Fineqia International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fineqia International Inc (OTCPK:FNQQF) » Definitions » Total Assets

Traded in Other Exchanges

FNQA:Germany FNQ:Canada

Address

57 Berkeley Square, Lansdowne House 1st floor, London, GBR, W1J6ER

Website

https://www.fineqia.com

Fineqia International Inc is a digital asset business that invests in early and growth-stage technology companies at the forefront of the next generation of the internet. The Company operates in the UK, Malta, Liechtenstein, and Canada.