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Independent Film Development (Independent Film Development) Total Assets : $0.05 Mil (As of Jun. 2016)


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What is Independent Film Development Total Assets?

Independent Film Development's Total Assets for the quarter that ended in Jun. 2016 was $0.05 Mil.

Total Assets is connected with ROA %. Independent Film Development's annualized ROA % for the quarter that ended in Jun. 2016 was -1,895.19%. Total Assets is also linked to Revenue through Asset Turnover. Independent Film Development's Asset Turnover for the quarter that ended in Jun. 2016 was 0.62.


Independent Film Development Total Assets Historical Data

The historical data trend for Independent Film Development'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.

Independent Film Development Total Assets Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Total Assets
Get a 7-Day Free Trial Premium Member Only 0.36 - - 0.12 -

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 - - 0.03 0.14 0.05

Independent Film Development 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.

Independent Film Development's Total Assets for the fiscal year that ended in Sep. 2015 is calculated as

Total Assets=Total Equity (A: Sep. 2015 )+Total Liabilities (A: Sep. 2015 )
=-1.545+1.545
=0.00

Independent Film Development's Total Assets for the quarter that ended in Jun. 2016 is calculated as

Total Assets=Total Equity (Q: Jun. 2016 )+Total Liabilities (Q: Jun. 2016 )
=-2.365+2.415
=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.


Independent Film Development  (OTCPK:IFLM) Total Assets Explanation

Total Assets is connected with ROA %.

Independent Film Development's annualized ROA % for the quarter that ended in Jun. 2016 is

ROA %=Net Income (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=-1.772/( (0.137+0.05)/ 2 )
=-1.772/0.0935
=-1,895.19 %

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

Independent Film Development's Asset Turnover for the quarter that ended in Jun. 2016 is

Asset Turnover
=Revenue (Q: Jun. 2016 )/( (Total Assets (Q: Mar. 2016 )+Total Assets (Q: Jun. 2016 ))/ count )
=0.058/( (0.137+0.05)/ 2 )
=0.058/0.0935
=0.62

* 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.

Independent Film Development Total Assets Related Terms

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Independent Film Development (Independent Film Development) Business Description

Traded in Other Exchanges
N/A
Address
2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.
Executives
Rachel Boulds Cpa, Pllc officer: CFO 6371 S. GLENOAKS STREET, MURRAY UT 84107

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