RCI Hospitality Holdings's Total Assets for the quarter that ended in Dec. 2023 was $619.2 Mil.
During the past 12 months, RCI Hospitality Holdings's average Total Assets Growth Rate was 14.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.20% per year.
During the past 13 years, RCI Hospitality Holdings's highest 3-Year average Total Assets Growth Rate was 137.50%. The lowest was -4.60%. And the median was 13.20%.
Total Assets is connected with ROA %. RCI Hospitality Holdings's annualizedROA % for the quarter that ended in Dec. 2023 was 4.70%. Total Assets is also linked to Revenue through Asset Turnover. RCI Hospitality Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.
RCI Hospitality Holdings Total Assets Historical Data
The historical data trend for RCI Hospitality Holdings'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.
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.
RCI Hospitality Holdings's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
RCI Hospitality Holdings (NAS:RICK) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) 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.
RCI Hospitality Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
RCI Hospitality Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of RCI Hospitality Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
RCI Hospitality Holdings (RCI Hospitality Holdings) Business Description
RCI Hospitality Holdings Inc through its subsidiaries owns and operates establishments that offer live adult entertainment, restaurant, and or bar operations. It also owns and operates a communication company serving the adult nightclubs industry. The company's operating business segments are Nightclubs, Bombshells, and Others. It operates nightclubs through the following brand's Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, Club Onyx, and Jaguars Club. In the Bombshells segment, the company is building a chain of Restaurants and Sports Bars in Dallas, Austin, and Houston, Texas. It derives majority revenue from the Nightclubs segment that engages in the sale of alcoholic beverages, food, and merchandise items; service in the form of cover charge, dance fees, and room rentals.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RICK has been successfully added to your 