FG Fitness & Media Group Inc
FG Fitness & Media Group, Inc. engages in the fitness and media businesses. It provides Fitness Gurls, a fitness magazine. The company was formerly known as Fire Mountain Beverage Company and changed its name to FG Fitness & Media Group, Inc. in December 2014. FG Fitness & Media Group, Inc. is based in Las Vegas, Nevada. FG Fitness & Media Group, Inc. is a subsidiary of Portage Resources, Inc.
FG Fitness & Media Group Inc (FGFT) - Total Assets
Latest total assets as of December 2007: $1.16 Million USD
Based on the latest financial reports, FG Fitness & Media Group Inc (FGFT) holds total assets worth $1.16 Million USD as of December 2007.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
FG Fitness & Media Group Inc - Total Assets Trend (2004–2006)
This chart illustrates how FG Fitness & Media Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
FG Fitness & Media Group Inc - Asset Composition Analysis
Current Asset Composition (December 2006)
FG Fitness & Media Group Inc's total assets of $1.16 Million consist of 29.3% current assets and 70.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.0% |
| Accounts Receivable | $250.00K | 24.3% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $9.00K | 0.9% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $659.13K | 64.1% |
Asset Composition Trend (2004–2006)
This chart illustrates how FG Fitness & Media Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: FG Fitness & Media Group Inc's current assets represent 29.3% of total assets in 2006, an increase from 5.2% in 2004.
- Cash Position: Cash and equivalents constituted 5.0% of total assets in 2006, down from 5.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 64.0% of total assets, an increase from 0.0% in 2004.
- Asset Diversification: The largest asset category is goodwill at 64.1% of total assets.
FG Fitness & Media Group Inc Competitors by Total Assets
Key competitors of FG Fitness & Media Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
He Bei Cheng De LoLo Co Ltd
SHE:000848
|
China | CN¥4.72 Billion |
|
Lotte Chilsung Beverage
KO:005300
|
Korea | ₩4.44 Trillion |
|
Orgabio Holdings Bhd
KLSE:0252
|
Malaysia | RM103.06 Million |
|
JuneYao Dairy Co Ltd
SHG:605388
|
China | CN¥2.02 Billion |
|
Oceanic Beverages Co Inc
TW:1213
|
Taiwan | NT$790.01 Million |
|
Hey-Song Corp
TW:1234
|
Taiwan | NT$23.95 Billion |
|
Sunjuice Holdings Co Ltd
TW:1256
|
Taiwan | NT$4.60 Billion |
|
Hyungkuk F&B Co Ltd
KQ:189980
|
Korea | ₩231.33 Billion |
FG Fitness & Media Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - FG Fitness & Media Group Inc generates 0.73x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, FG Fitness & Media Group Inc generates $5.51 in net profit.
FG Fitness & Media Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 11.09 | - | - |
| Quick Ratio | 11.09 | - | - |
| Cash Ratio | 0.00 | - | - |
| Working Capital | $440.46K | - | - |
FG Fitness & Media Group Inc - Advanced Valuation Insights
This section examines the relationship between FG Fitness & Media Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 45.9% |
| Total Assets | $1.03 Million |
| Market Capitalization | $0.96 USD |
Valuation Analysis
Below Book Valuation: The market values FG Fitness & Media Group Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: FG Fitness & Media Group Inc's assets grew by 45.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for FG Fitness & Media Group Inc (2004–2006)
The table below shows the annual total assets of FG Fitness & Media Group Inc from 2004 to 2006.
| Year | Total Assets | Change |
|---|---|---|
| 2006-12-31 | $1.03 Million | +45.94% |
| 2005-12-31 | $704.48K | +5.28% |
| 2004-12-31 | $669.13K | -- |