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Functional Technologies (TSXV:FEB.H) Total Assets : C$2.73 Mil (As of Aug. 2012)


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What is Functional Technologies Total Assets?

Functional Technologies's Total Assets for the quarter that ended in Aug. 2012 was C$2.73 Mil.

Total Assets is connected with ROA %. Functional Technologies's annualized ROA % for the quarter that ended in Aug. 2012 was -184.02%. Total Assets is also linked to Revenue through Asset Turnover. Functional Technologies's Asset Turnover for the quarter that ended in Aug. 2012 was 0.03.

Functional Technologies Total Assets Historical Data

The historical data trend for Functional Technologies'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.

Functional Technologies Total Assets Chart

Functional Technologies Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.65 7.61 7.98 11.00 2.73

Functional Technologies Semi-Annual Data
Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.65 7.61 7.98 11.00 2.73

Functional Technologies 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.

Functional Technologies's Total Assets for the fiscal year that ended in Aug. 2012 is calculated as

Total Assets=Total Equity (A: Aug. 2012 )+Total Liabilities (A: Aug. 2012 )
=-3.423+6.156
=2.73

Functional Technologies's Total Assets for the quarter that ended in Aug. 2012 is calculated as

Total Assets=Total Equity (Q: Aug. 2012 )+Total Liabilities (Q: Aug. 2012 )
=-3.423+6.156
=2.73

* 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.

Functional Technologies  (TSXV:FEB.H) Total Assets Explanation

Total Assets is connected with ROA %.

Functional Technologies's annualized ROA % for the quarter that ended in Aug. 2012 is

ROA %=Net Income (Q: Aug. 2012 )/( (Total Assets (Q: Aug. 2011 )+Total Assets (Q: Aug. 2012 ))/ count )
=-12.636/( (11+2.733)/ 2 )
=-12.636/6.8665
=-184.02 %

Note: The Net Income data used here is one times the annual (Aug. 2012) 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.

Functional Technologies's Asset Turnover for the quarter that ended in Aug. 2012 is

Asset Turnover
=Revenue (Q: Aug. 2012 )/( (Total Assets (Q: Aug. 2011 )+Total Assets (Q: Aug. 2012 ))/ count )
=0.176/( (11+2.733)/ 2 )
=0.176/6.8665
=0.03

* 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.

Functional Technologies Total Assets Related Terms

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Functional Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Functional Technologies Corp (TSXV:FEB.H) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
Website
http://www.firstventuretech.com
Functional Technologies Corp is incorporated under the corporate laws of British Columbia, Canada on October 18, 1999. The Company is a functional foods and biological health products company that is developing and commercializing advanced yeast products and other novel biological products for the food and health care industry. The company develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries, for which viable solutions are lacking. The Company's platform technologies improve the performance of innate yeast functions to primarily prevent the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by various global agencies as dangerous substances (e.g. carcinogens, neurotoxicants or reproductive toxicants). The Company operates in three geographic regions: Canada, Europe and the United States.

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