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GFGU (GetFugu) Total Assets : $0.25 Mil (As of Jun. 2010)


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What is GetFugu Total Assets?

GetFugu's Total Assets for the quarter that ended in Jun. 2010 was $0.25 Mil.

Total Assets is connected with ROA %. GetFugu's annualized ROA % for the quarter that ended in Jun. 2010 was -12,231.39%. Total Assets is also linked to Revenue through Asset Turnover. GetFugu's Asset Turnover for the quarter that ended in Jun. 2010 was 0.08.


GetFugu Total Assets Historical Data

The historical data trend for GetFugu'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.

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GetFugu Total Assets Chart

GetFugu Annual Data
Trend Dec08 Dec09
Total Assets
- 0.37

GetFugu Quarterly Data
Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.99 0.37 0.32 0.25

GetFugu 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.

GetFugu's Total Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Assets=Total Equity (A: Dec. 2009 )+Total Liabilities (A: Dec. 2009 )
=-6.605+6.975
=0.37

GetFugu's Total Assets for the quarter that ended in Jun. 2010 is calculated as

Total Assets=Total Equity (Q: Jun. 2010 )+Total Liabilities (Q: Jun. 2010 )
=-9.876+10.125
=0.25

* 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.


GetFugu  (OTCPK:GFGU) Total Assets Explanation

Total Assets is connected with ROA %.

GetFugu's annualized ROA % for the quarter that ended in Jun. 2010 is

ROA %=Net Income (Q: Jun. 2010 )/( (Total Assets (Q: Mar. 2010 )+Total Assets (Q: Jun. 2010 ))/ count )
=-34.676/( (0.317+0.25)/ 2 )
=-34.676/0.2835
=-12,231.39 %

Note: The Net Income data used here is four times the quarterly (Jun. 2010) 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.

GetFugu's Asset Turnover for the quarter that ended in Jun. 2010 is

Asset Turnover
=Revenue (Q: Jun. 2010 )/( (Total Assets (Q: Mar. 2010 )+Total Assets (Q: Jun. 2010 ))/ count )
=0.022/( (0.317+0.25)/ 2 )
=0.022/0.2835
=0.08

* 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.

GetFugu Total Assets Related Terms

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GetFugu Business Description

Traded in Other Exchanges
N/A
Address
8560 West Sunset Boulevard, 7th Floor, West Hollywood, CA, USA, 90069
GetFugu Inc is engaged in the development of next generation mobile search tools.
Executives
Michael Jay Solomon director 1174 N. HILLCREST ROAD, BEVERLY HILLS CA 90210
Chuck Timpe director 11111 SANTA MONICA BLVD STE. 550, LOS ANGELES CA 90025
Eric Stoppenhagen officer: Interim CFO and Secretary 8908 SPLITARROW DRIVE, AUSTIN TX 78717

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