FUTS (Future Science Holdings) Total Assets: $1.66 Mil (As of Sep. 2016)


What is Future Science Holdings Total Assets?

Future Science Holdings FUTS Total Assets is $1.66 Mil as of Sep. 2016.

Future Science Holdings's Total Assets for the quarter that ended in Sep. 2016 was $1.66 Mil.

Total Assets is connected with ROA %. Future Science Holdings's annualized ROA % for the quarter that ended in Sep. 2016 was -143.03%. Total Assets is also linked to Revenue through Asset Turnover. Future Science Holdings's Asset Turnover for the quarter that ended in Sep. 2016 was 0.00.

Future Science Holdings  (OTCPK:FUTS) Total Assets Explanation

Total Assets is connected with ROA %.

Future Science Holdings's annualized ROA % for the quarter that ended in Sep. 2016 is

ROA %=Net Income (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=-2.744/( (2.181+1.656)/ 2 )
=-2.744/1.9185
=-143.03 %

Note: The Net Income data used here is four times the quarterly (Sep. 2016) 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.

Future Science Holdings's Asset Turnover for the quarter that ended in Sep. 2016 is

Asset Turnover
=Revenue (Q: Sep. 2016 )/( (Total Assets (Q: Jun. 2016 )+Total Assets (Q: Sep. 2016 ))/ count )
=0/( (2.181+1.656)/ 2 )
=0/1.9185
=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.

Future Science Holdings Total Assets Related Terms

Future Science Holdings Total Assets Historical Data

* Premium members only.

The historical data trend for Future Science Holdings'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.

Future Science Holdings Total Assets Chart

Future Science Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 4.22 4.80 2.00 1.53

Future Science Holdings Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 2.33 1.53 3.09 2.18 1.66

Future Science Holdings 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.

Future Science Holdings's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=1.399+0.135
=1.53

Future Science Holdings's Total Assets for the quarter that ended in Sep. 2016 is calculated as

Total Assets=Total Equity (Q: Sep. 2016 )+Total Liabilities (Q: Sep. 2016 )
=-0.206+1.862
=1.66

* 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 $1.66 Mil mean?
Future Science Holdings (FUTS) has a Total Assets of $1.66 Mil as of Sep. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on Future Science Holdings and its competitors.
Is Future Science Holdings' Total Assets too high?
Future Science Holdings' current Total Assets is $1.66 Mil.
How does Future Science Holdings' Total Assets compare to competitors?
Future Science Holdings' Total Assets of $1.66 Mil can be compared against companies in the Diversified Financial 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 Diversified Financial Services company?
A good Total Assets depends on the Diversified Financial 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 Future Science Holdings and its competitors. Future Science Holdings's current Total Assets is $1.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Science Holdings stock overvalued right now?
Future Science Holdings (FUTS) has a current Total Assets of $1.66 Mil. The current Total Assets is $1.66 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 Future Science Holdings (FUTS), the current Total Assets is $1.66 Mil as of Sep. 2016. 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.

Future Science Holdings Business Description

Address 42 Broadway, Suite 12-311, New York, NY, USA, 10004
Future Science Holdings Inc is a technology company with a focus on developing or acquiring control and holding companies with synergies in technology. The company is searching for new investment opportunities, with a principal business objective of starting up a new business, acquiring all or part of an existing business, and a combination with an existing business in the technology sector.