XFTB (XFit Brands) Total Assets: $1.26 Mil (As of Dec. 2016)


What is XFit Brands Total Assets?

XFit Brands XFTB Total Assets is $1.26 Mil as of Dec. 2016.

XFit Brands's Total Assets for the quarter that ended in Dec. 2016 was $1.26 Mil.

Total Assets is connected with ROA %. XFit Brands's annualized ROA % for the quarter that ended in Dec. 2016 was -266.53%. Total Assets is also linked to Revenue through Asset Turnover. XFit Brands's Asset Turnover for the quarter that ended in Dec. 2016 was 0.93.

XFit Brands  (OTCPK:XFTB) Total Assets Explanation

Total Assets is connected with ROA %.

XFit Brands's annualized ROA % for the quarter that ended in Dec. 2016 is

ROA %=Net Income (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=-2.584/( (0.679+1.26)/ 2 )
=-2.584/0.9695
=-266.53 %

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

XFit Brands's Asset Turnover for the quarter that ended in Dec. 2016 is

Asset Turnover
=Revenue (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=0.902/( (0.679+1.26)/ 2 )
=0.902/0.9695
=0.93

* 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.

XFit Brands Total Assets Related Terms

XFit Brands Total Assets Historical Data

* Premium members only.

The historical data trend for XFit Brands'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.

XFit Brands Total Assets Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Total Assets
0.74 0.84 0.66

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.79 0.66 0.68 1.26

XFit Brands 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.

XFit Brands's Total Assets for the fiscal year that ended in Jun. 2016 is calculated as

Total Assets=Total Equity (A: Jun. 2016 )+Total Liabilities (A: Jun. 2016 )
=-3.079+3.742
=0.66

XFit Brands's Total Assets for the quarter that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (Q: Dec. 2016 )+Total Liabilities (Q: Dec. 2016 )
=-3.248+4.508
=1.26

* 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 $1.26 Mil mean?
XFit Brands (XFTB) has a Total Assets of $1.26 Mil as of Dec. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on XFit Brands and its competitors.
Is XFit Brands' Total Assets too high?
XFit Brands' current Total Assets is $1.26 Mil.
How does XFit Brands' Total Assets compare to WESC and QSMG?
XFit Brands' Total Assets of $1.26 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Total Assets depends on the Travel & Leisure 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 XFit Brands and its competitors. XFit Brands's current Total Assets is $1.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current Total Assets of $1.26 Mil. The current Total Assets is $1.26 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 XFit Brands (XFTB), the current Total Assets is $1.26 Mil as of Dec. 2016. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.