JFIL (Jubilant Flame International) Total Assets : $0.02 Mil (As of Nov. 2024)

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What is Jubilant Flame International Total Assets?

Jubilant Flame International's Total Assets for the quarter that ended in Nov. 2024 was $0.02 Mil.

During the past 12 months, Jubilant Flame International's average Total Assets Growth Rate was 6.70% per year. During the past 3 years, the average Total Assets Growth Rate was -14.20% per year. During the past 5 years, the average Total Assets Growth Rate was -11.20% per year.

During the past 13 years, Jubilant Flame International's highest 3-Year average Total Assets Growth Rate was 23.30%. The lowest was -17.80%. And the median was -12.70%.

Total Assets is connected with ROA %. Jubilant Flame International's annualized ROA % for the quarter that ended in Nov. 2024 was -509.09%. Total Assets is also linked to Revenue through Asset Turnover. Jubilant Flame International's Asset Turnover for the quarter that ended in Nov. 2024 was 0.00.

Jubilant Flame International Total Assets Historical Data

The historical data trend for Jubilant Flame International'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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Jubilant Flame International Total Assets Chart

Jubilant Flame International Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Assets

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0.03

0.02

0.01

Jubilant Flame International Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Total Assets	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.02

Jubilant Flame International 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.

Jubilant Flame International's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (A: Feb. 2024 )	+	Total Liabilities (A: Feb. 2024 )
	=	-1.297	+	1.31
	=	0.01

Jubilant Flame International's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2024 )	+	Total Liabilities (Q: Nov. 2024 )
	=	-1.343	+	1.36
	=	0.02

Jubilant Flame International (OTCPK:JFIL) Total Assets Explanation

Total Assets is connected with ROA %.

Jubilant Flame International's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %	=	Net Income (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
	=	-0.056	/	( (0.005	+	0.017)	/ 2 )
	=	-0.056	/	0.011
	=	-509.09 %

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

Jubilant Flame International's Asset Turnover for the quarter that ended in Nov. 2024 is

	Asset Turnover
=	Revenue (Q: Nov. 2024 )	/	( (Total Assets (Q: Aug. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
=	0	/	( (0.005	+	0.017)	/ 2 )
=	0	/	0.011
=	0.00

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.

Jubilant Flame International Total Assets Related Terms

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Jubilant Flame International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jubilant Flame International Ltd (OTCPK:JFIL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xin Long Road, Room 508, T1N Vi Park, 360, Shanghai, CHN, 201101

Website

www.jubilant-flame.com

Jubilant Flame International Ltd is engaged in providing technical support services for the development of new nutrition materials and products to customers. The technical support focuses on a nutrition food series that is selling in the USA market. Currently, the nutrition food series include SEA-BUCKTHORN and Organic Sprouting Powder.

Executives

Brian Kai-ming Cheng	director	16 TEMPEST DR., CHESTERFIELD MO 63017
Marinos Papazoglou	director	2740 LAKE VALLEY DRIVE, COOKEVILLE TN 38506
Robert Ireland	director, officer: Secretary/Treasurer	2 CHEMIN HALVERSON, LAC DES LOUPS A8 J0X3K0
Lei Wang	director, officer: CFO	28010 MICHENER FALLS LN, KATY TX 77494
Kecheng Xu	director, officer: Secretary/Treasurer	ROOM 1402, NO. 3 BUILDING, BLOCK 69, SONGYUAN ROAD, SHANGHAI F4 200012

Jubilant Flame International Headlines

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