FULO (Fullnet Communications) Total Assets: $3.40 Mil (As of Dec. 2023)

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FULO Fullnet Communications Inc FULO
54 GF Score
Price $0.35
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What is Fullnet Communications Total Assets?

Fullnet Communications FULO 54 Total Assets is $3.40 Mil as of Dec. 2023. GuruFocus rates FULO with a GF Score™ of 54/100.

Fullnet Communications's Total Assets for the quarter that ended in Dec. 2023 was $3.40 Mil.

Total Assets is connected with ROA %. Fullnet Communications's annualized ROA % for the quarter that ended in Dec. 2023 was 11.92%. Total Assets is also linked to Revenue through Asset Turnover. Fullnet Communications's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.

Fullnet Communications  (OTCPK:FULO) Total Assets Explanation

Total Assets is connected with ROA %.

Fullnet Communications's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.404/( (3.378+3.403)/ 2 )
=0.404/3.3905
=11.92 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Fullnet Communications's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1.049/( (3.378+3.403)/ 2 )
=1.049/3.3905
=0.31

* 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.

Fullnet Communications Total Assets Related Terms

Fullnet Communications Total Assets Historical Data

* Premium members only.

The historical data trend for Fullnet Communications'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.

Fullnet Communications Total Assets Chart

Fullnet Communications 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 1.33 2.40 3.23 3.18 3.40

Fullnet Communications Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.18 3.28 3.37 3.38 3.40
FULO
54GF Score
Fullnet Communications Inc FULO
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fullnet Communications 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.

Fullnet Communications'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 )
=1.622+1.781
=3.40

Fullnet Communications's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=1.622+1.781
=3.40

* 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 $3.40 Mil mean?
Fullnet Communications (FULO) has a Total Assets of $3.40 Mil as of Dec. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Fullnet Communications and its competitors.
Is Fullnet Communications' Total Assets too high?
Fullnet Communications' current Total Assets is $3.40 Mil. Overall, Fullnet Communications has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Fullnet Communications' Total Assets compare to DTGI and HMMR?
Fullnet Communications' Total Assets of $3.40 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Total Assets depends on the Telecommunication Services 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 Fullnet Communications and its competitors. Fullnet Communications's current Total Assets is $3.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fullnet Communications stock overvalued right now?
Fullnet Communications (FULO) has a current Total Assets of $3.40 Mil. The current Total Assets is $3.40 Mil. Fullnet Communications' overall GF Score™ is 54/100. 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 Fullnet Communications (FULO), the current Total Assets is $3.40 Mil as of Dec. 2023. 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.

Fullnet Communications Business Description

Address 201 Robert S. Kerr Avenue, Suite 210, Oklahoma City, OK, USA, 73102
Fullnet Communications Inc is an integrated communications provider. The company, through its subsidiaries, provides high-quality, reliable, and scalable Internet access, web hosting, local telephone service, equipment colocation, customized live help desk outsourcing services, mass notification services using text messages and automated telephone calls, as well as advance voice and data solutions. The company derives the majority of its revenue and its customers from three primary types of service: Mass notification services using text messages and automated telephone calls; Equipment colocation and related services; and customized live help desk outsourcing service.
54GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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