Radient Technologies (Radient Technologies) Total Assets : $20.61 Mil (As of Dec. 2022)

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What is Radient Technologies Total Assets?

Radient Technologies's Total Assets for the quarter that ended in Dec. 2022 was $20.61 Mil.

Total Assets is connected with ROA %. Radient Technologies's annualized ROA % for the quarter that ended in Dec. 2022 was -19.14%. Total Assets is also linked to Revenue through Asset Turnover. Radient Technologies's Asset Turnover for the quarter that ended in Dec. 2022 was 0.04.

Radient Technologies Total Assets Historical Data

The historical data trend for Radient 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.

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Radient Technologies Total Assets Chart

Radient Technologies Annual Data

Trend

Dec13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Total Assets

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23.21

45.64

41.50

23.31

21.91

Radient Technologies Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Total Assets	Get a 7-Day Free Trial															22.55	21.91	21.90	21.06	20.61

Radient 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.

Radient Technologies's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets	=	Total Equity (A: Mar. 2022 )	+	Total Liabilities (A: Mar. 2022 )
	=	-7.998	+	29.905
	=	21.91

Radient Technologies's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2022 )	+	Total Liabilities (Q: Dec. 2022 )
	=	-11.053	+	31.66
	=	20.61

Radient Technologies (OTCPK:RDDTF) Total Assets Explanation

Total Assets is connected with ROA %.

Radient Technologies's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %	=	Net Income (Q: Dec. 2022 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	-3.988	/	( (21.062	+	20.607)	/ 2 )
	=	-3.988	/	20.8345
	=	-19.14 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Radient Technologies's Asset Turnover for the quarter that ended in Dec. 2022 is

	Asset Turnover
=	Revenue (Q: Dec. 2022 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
=	0.757	/	( (21.062	+	20.607)	/ 2 )
=	0.757	/	20.8345
=	0.04

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.

Radient Technologies Total Assets Related Terms

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Radient Technologies (Radient Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Radient Technologies Inc (OTCPK:RDDTF) » Definitions » Total Assets

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N/A

Address

4035 101 St. NW, Edmonton, AB, CAN, T6E 0A4

Website

https://www.radientinc.com

Radient Technologies Inc is a Canadian company engaged in manufacturing cannabis derivatives, formulations, and products. It has developed its extraction process, Microwave Assisted Processing (MAP), which is used for producing a consistent product at industrial-scale quantities. It provides its customers and partners with white-label extracts, formulations, and finished products that contain a broad spectrum of cannabinoid and terpene profiles. While it operates in Canada and is building an additional facility in Germany. It operates in a single segment namely the production and sale of cannabis-related retail products.