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FSBN (FrankSpeech Network) Total Assets : $0.05 Mil (As of Dec. 2020)


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What is FrankSpeech Network Total Assets?

FrankSpeech Network's Total Assets for the quarter that ended in Dec. 2020 was $0.05 Mil.

Total Assets is connected with ROA %. FrankSpeech Network's annualized ROA % for the quarter that ended in Dec. 2020 was 346.53%. Total Assets is also linked to Revenue through Asset Turnover. FrankSpeech Network's Asset Turnover for the quarter that ended in Dec. 2020 was 23.05.


FrankSpeech Network Total Assets Historical Data

The historical data trend for FrankSpeech Network'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.

FrankSpeech Network Total Assets Chart

FrankSpeech Network Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 0.01 0.01 - 0.05

FrankSpeech Network Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 0.01 0.01 - 0.05 0.05

FrankSpeech Network 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.

FrankSpeech Network's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=-1.422+1.475
=0.05

FrankSpeech Network's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (Q: Dec. 2020 )+Total Liabilities (Q: Dec. 2020 )
=-1.247+1.294
=0.05

* 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.


FrankSpeech Network  (OTCPK:FSBN) Total Assets Explanation

Total Assets is connected with ROA %.

FrankSpeech Network's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Dec. 2020 ))/ count )
=0.175/( (0.054+0.047)/ 2 )
=0.175/0.0505
=346.53 %

Note: The Net Income data used here is one times the annual (Dec. 2020) 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.

FrankSpeech Network's Asset Turnover for the quarter that ended in Dec. 2020 is

Asset Turnover
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Dec. 2020 ))/ count )
=1.164/( (0.054+0.047)/ 2 )
=1.164/0.0505
=23.05

* 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.

FrankSpeech Network Total Assets Related Terms

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FrankSpeech Network Business Description

Traded in Other Exchanges
N/A
Address
1876 Horse Creek Road, Cheyenne, WY, USA, 82009
FrankSpeech Network Inc is a broadcast platform. It is a premier technology platform that hosts both content and content creators while also serving as a social media space committed to upholding free speech for everyone.
Executives
Creative Financial Services Inc. director, 10 percent owner, officer: Chief Executive Officer 638 N. 5TH AVENUE PHOENIX AZ 85003
Gregory Bryan Martin officer: President 1950 FIFTH AVE #100 SAN DIEGO CA 92101
Acunto John P Jr 10 percent owner 1609 SCOTLAND AVE, CHARLOTTE NC 28207
Arlene Mcmachen 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Glenn Sr Mcmachen director, 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Marty Schiff director 61 LEMON ST. UNIONTOWN PA 15401
Flexible Growth & Income Fund Co, Llc 10 percent owner 1015 MASSACHUSETTS AVE. LEXINGTON MA 02420
Mark Crist director
Donald Neal Gallent officer: President 701 WOODRIDGE COURT BRENTWOOD TN 37027
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123
Gary J Hohman officer: President
Ismat Sawaqed director 1535 BLACKJACK ROAD FRANKLIN KY 42134
John Fleming director, 10 percent owner, officer: CEO ONE AMERICAN ROAD, DEARBORN MI 48126
John Fleming director, 10 percent owner, officer: CEO 1535 BLACKJACK ROAD FRANKLIN KY 42134

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