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FWFW (Flywheel Advanced Technology) Total Assets : $5.43 Mil (As of Dec. 2024)


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What is Flywheel Advanced Technology Total Assets?

Flywheel Advanced Technology's Total Assets for the quarter that ended in Dec. 2024 was $5.43 Mil.

During the past 12 months, Flywheel Advanced Technology's average Total Assets Growth Rate was 26.90% per year.

Total Assets is connected with ROA %. Flywheel Advanced Technology's annualized ROA % for the quarter that ended in Dec. 2024 was -1.99%. Total Assets is also linked to Revenue through Asset Turnover. Flywheel Advanced Technology's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.


Flywheel Advanced Technology Total Assets Historical Data

The historical data trend for Flywheel Advanced Technology'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.

Flywheel Advanced Technology Total Assets Chart

Flywheel Advanced Technology Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep20 Sep21 Sep22 Sep23 Sep24
Total Assets
Get a 7-Day Free Trial Premium Member Only - - - 4.62 5.43

Flywheel Advanced Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.59 4.62 4.78 5.43 5.43

Flywheel Advanced Technology 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.

Flywheel Advanced Technology's Total Assets for the fiscal year that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (A: Sep. 2024 )+Total Liabilities (A: Sep. 2024 )
=4.602+0.824
=5.43

Flywheel Advanced Technology's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=4.576+0.85
=5.43

* 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.


Flywheel Advanced Technology  (OTCPK:FWFW) Total Assets Explanation

Total Assets is connected with ROA %.

Flywheel Advanced Technology's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-0.108/( (5.426+5.425)/ 2 )
=-0.108/5.4255
=-1.99 %

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

Flywheel Advanced Technology's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (5.426+5.425)/ 2 )
=0/5.4255
=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.

Flywheel Advanced Technology Total Assets Related Terms

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Flywheel Advanced Technology Business Description

Traded in Other Exchanges
N/A
Address
123 West Nye Lane, Suite 455, Carson, NV, USA, 89706
Flywheel Advanced Technology Inc is an investment holding company. The company's segments include provision of IT maintenance and support services, IoT BPO services and IoT development services in Hong Kong and Australia.

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