First Priority Tax Solutions Inc
Fritzy Tech Inc. does not have significant operations. It intends to relaunch Zshoppers.com, as well as launch and market homekout.com brands. The company was formerly known as First Priority Tax Solutions Inc. and changed its name to Fritzy Tech Inc. in December 2019. Fritzy Tech Inc. was incorporated in 2014 and is based in London, the United Kingdom. Fritzy Tech Inc. (OTCPK:FRFR) operates as a… Read more
First Priority Tax Solutions Inc (FRFR) - Total Assets
Latest total assets as of September 2022: $0.00 USD
Based on the latest financial reports, First Priority Tax Solutions Inc (FRFR) holds total assets worth $0.00 USD as of September 2022.
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.
First Priority Tax Solutions Inc - Total Assets Trend (2014–2022)
This chart illustrates how First Priority Tax Solutions Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
First Priority Tax Solutions Inc - Asset Composition Analysis
Current Asset Composition (June 2022)
First Priority Tax Solutions Inc's total assets of $0.00 consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2014–2022)
This chart illustrates how First Priority Tax Solutions 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: First Priority Tax Solutions Inc's current assets represent 0.0% of total assets in 2022, a decrease from 100.0% in 2014.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2022, down from 65.2% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2014.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
First Priority Tax Solutions Inc Competitors by Total Assets
Key competitors of First Priority Tax Solutions Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MacReport.Net Inc
PINK:MRPT
|
USA | $10.44K |
|
Visual China Group Co Ltd
SHE:000681
|
China | CN¥4.43 Billion |
|
KidariStudio Inc
KO:020120
|
Korea | ₩342.14 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩482.90 Billion |
|
YTN Co.Ltd
KQ:040300
|
Korea | ₩346.27 Billion |
|
NEOWIZ HOLDINGS Corporation
KQ:042420
|
Korea | ₩879.92 Billion |
|
Genie Music Corporation
KQ:043610
|
Korea | ₩360.94 Billion |
|
NHN Bugs Corp
KQ:104200
|
Korea | ₩70.43 Billion |
First Priority Tax Solutions 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
Lower asset utilization - First Priority Tax Solutions Inc generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - First Priority Tax Solutions Inc is currently not profitable relative to its asset base.
First Priority Tax Solutions 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 | 0.00 | 0.00 | 0.34 |
| Quick Ratio | 0.00 | 0.00 | 0.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-264.03K | $ -197.82K | $ -81.19K |
First Priority Tax Solutions Inc - Advanced Valuation Insights
This section examines the relationship between First Priority Tax Solutions 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) | 0.0% |
| Total Assets | $0.00 |
| Market Capitalization | $163.35 USD |
Valuation Analysis
Below Book Valuation: The market values First Priority Tax Solutions Inc's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: First Priority Tax Solutions Inc's assets decreased by 0.0% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for First Priority Tax Solutions Inc (2014–2022)
The table below shows the annual total assets of First Priority Tax Solutions Inc from 2014 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-06-30 | $0.00 | -- |
| 2021-06-30 | $0.00 | -- |
| 2020-06-30 | $0.00 | -- |
| 2019-06-30 | $0.00 | -- |
| 2018-06-30 | $3.00K | -65.93% |
| 2017-12-31 | $8.82K | -91.97% |
| 2017-06-30 | $109.81K | +12.59% |
| 2016-06-30 | $97.54K | +21.50% |
| 2015-06-30 | $80.28K | -33.34% |
| 2014-06-30 | $120.42K | -- |