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RBI Ventures (TSXV:RBI.H) Total Assets : C$0.02 Mil (As of Dec. 2020)


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What is RBI Ventures Total Assets?

RBI Ventures's Total Assets for the quarter that ended in Dec. 2020 was C$0.02 Mil.

Total Assets is connected with ROA %. RBI Ventures's annualized ROA % for the quarter that ended in Dec. 2020 was -459.57%. Total Assets is also linked to Revenue through Asset Turnover. RBI Ventures's Asset Turnover for the quarter that ended in Dec. 2020 was 0.00.


RBI Ventures Total Assets Historical Data

The historical data trend for RBI Ventures'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.

RBI Ventures Total Assets Chart

RBI Ventures Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.02 3.39 0.05 0.03 0.03

RBI Ventures Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.03 0.03 0.02

RBI Ventures 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.

RBI Ventures's Total Assets for the fiscal year that ended in Jun. 2020 is calculated as

Total Assets=Total Equity (A: Jun. 2020 )+Total Liabilities (A: Jun. 2020 )
=-0.1+0.126
=0.03

RBI Ventures's Total Assets for the quarter that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (Q: Dec. 2020 )+Total Liabilities (Q: Dec. 2020 )
=-0.119+0.141
=0.02

* 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.


RBI Ventures  (TSXV:RBI.H) Total Assets Explanation

Total Assets is connected with ROA %.

RBI Ventures's annualized ROA % for the quarter that ended in Dec. 2020 is

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=-0.108/( (0.025+0.022)/ 2 )
=-0.108/0.0235
=-459.57 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) 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.

RBI Ventures's Asset Turnover for the quarter that ended in Dec. 2020 is

Asset Turnover
=Revenue (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=0/( (0.025+0.022)/ 2 )
=0/0.0235
=0.00

* 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.

RBI Ventures Total Assets Related Terms

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RBI Ventures (TSXV:RBI.H) Business Description

Traded in Other Exchanges
N/A
Address
450-400 Burrard Street, Vancouver, BC, CAN, V6C 3A6
RBI Ventures Ltd is looking into new business opportunities.

RBI Ventures (TSXV:RBI.H) Headlines

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