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FONU2 (FONU) Total Assets : $6.17 Mil (As of Sep. 2015)


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What is FONU2 Total Assets?

FONU2's Total Assets for the quarter that ended in Sep. 2015 was $6.17 Mil.

Total Assets is connected with ROA %. FONU2's annualized ROA % for the quarter that ended in Sep. 2015 was -77.42%. Total Assets is also linked to Revenue through Asset Turnover. FONU2's Asset Turnover for the quarter that ended in Sep. 2015 was 0.00.


FONU2 Total Assets Historical Data

The historical data trend for FONU2'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.

FONU2 Total Assets Chart

FONU2 Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep13 Sep14 Sep15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.73 0.30 0.07 6.17

FONU2 Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.07 2.58 6.73 7.04 6.17

FONU2 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.

FONU2's Total Assets for the fiscal year that ended in Sep. 2015 is calculated as

Total Assets=Total Equity (A: Sep. 2015 )+Total Liabilities (A: Sep. 2015 )
=-3.042+9.214
=6.17

FONU2's Total Assets for the quarter that ended in Sep. 2015 is calculated as

Total Assets=Total Equity (Q: Sep. 2015 )+Total Liabilities (Q: Sep. 2015 )
=-3.042+9.214
=6.17

* 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.


FONU2  (OTCPK:FONU) Total Assets Explanation

Total Assets is connected with ROA %.

FONU2's annualized ROA % for the quarter that ended in Sep. 2015 is

ROA %=Net Income (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=-5.116/( (7.044+6.172)/ 2 )
=-5.116/6.608
=-77.42 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) 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.

FONU2's Asset Turnover for the quarter that ended in Sep. 2015 is

Asset Turnover
=Revenue (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=0.019/( (7.044+6.172)/ 2 )
=0.019/6.608
=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.

FONU2 Total Assets Related Terms

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FONU2 (FONU) Business Description

Traded in Other Exchanges
N/A
Address
5112 West Taft Road, Suite M, Liverpool, NY, USA, 13088
FONU2 Inc is in the process of restructuring its business and will move in a new direction to focus on any one of the following sectors; hospitality, real estate development, mining and minerals, green technology, retail, warehousing, and logistics.