ITNF (Internet Infinity) Total Assets: $0.00 Mil (As of Sep. 2013)


What is Internet Infinity Total Assets?

Internet Infinity ITNF Total Assets is $0.00 Mil as of Sep. 2013.

Internet Infinity's Total Assets for the quarter that ended in Sep. 2013 was $0.00 Mil.

Total Assets is connected with ROA %. Internet Infinity's annualized ROA % for the quarter that ended in Sep. 2013 was -880.00%. Total Assets is also linked to Revenue through Asset Turnover. Internet Infinity's Asset Turnover for the quarter that ended in Sep. 2013 was 0.00.

Internet Infinity  (OTCPK:ITNF) Total Assets Explanation

Total Assets is connected with ROA %.

Internet Infinity's annualized ROA % for the quarter that ended in Sep. 2013 is

ROA %=Net Income (Q: Sep. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Sep. 2013 ))/ count )
=-0.044/( (0.005+0)/ 1 )
=-0.044/0.005
=-880.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2013) 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.

Internet Infinity's Asset Turnover for the quarter that ended in Sep. 2013 is

Asset Turnover
=Revenue (Q: Sep. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Sep. 2013 ))/ count )
=0/( (0.005+0)/ 1 )
=0/0.005
=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.

Internet Infinity Total Assets Related Terms

Internet Infinity Total Assets Historical Data

* Premium members only.

The historical data trend for Internet Infinity'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.

Internet Infinity Total Assets Chart

Internet Infinity Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.01 0.01

Internet Infinity Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.01 0.00 0.01 0.01 0.00

Internet Infinity 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.

Internet Infinity's Total Assets for the fiscal year that ended in Mar. 2013 is calculated as

Total Assets=Total Equity (A: Mar. 2013 )+Total Liabilities (A: Mar. 2013 )
=-0.742+0.75
=0.01

Internet Infinity's Total Assets for the quarter that ended in Sep. 2013 is calculated as

Total Assets=Total Equity (Q: Sep. 2013 )+Total Liabilities (Q: Sep. 2013 )
=-0.758+0.759
=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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.00 Mil mean?
Internet Infinity (ITNF) has a Total Assets of $0.00 Mil as of Sep. 2013. The total amount of assets as recorded on a company's balance sheet. View historical data on Internet Infinity and its competitors.
Is Internet Infinity's Total Assets too high?
Internet Infinity's current Total Assets is $0.00 Mil.
How does Internet Infinity's Total Assets compare to DKGH and CYBF?
Internet Infinity's Total Assets of $0.00 Mil can be compared against companies in the Business 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 Business Services company?
A good Total Assets depends on the Business 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 Internet Infinity and its competitors. Internet Infinity's current Total Assets is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Internet Infinity stock overvalued right now?
Internet Infinity (ITNF) has a current Total Assets of $0.00 Mil. The current Total Assets is $0.00 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 Internet Infinity (ITNF), the current Total Assets is $0.00 Mil as of Sep. 2013. 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.

Internet Infinity Business Description

Address 3500 Oak Lawn Avenue, Suite 460S, Dallas, TX, USA, 75219
Internet Infinity Inc along with its subsidiary hosts events for startup and early-stage companies to present their business opportunities to American Business Network (ABN) members. Early-stage and Start-Up companies present their business to the members at events hosted by the American Business Network, and revenues are earned from fees charged for hosting the events and membership dues.