George Risk Industries (George Risk Industries) Total Assets : $59.07 Mil (As of Jan. 2024)

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What is George Risk Industries Total Assets?

George Risk Industries's Total Assets for the quarter that ended in Jan. 2024 was $59.07 Mil.

Warning Sign:

If a company builds assets at 14.3% a year, faster than its revenue growth rate of 12.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, George Risk Industries's average Total Assets Growth Rate was 10.60% per year. During the past 3 years, the average Total Assets Growth Rate was 17.90% per year. During the past 5 years, the average Total Assets Growth Rate was 14.30% per year. During the past 10 years, the average Total Assets Growth Rate was 15.20% per year.

During the past 13 years, George Risk Industries's highest 3-Year average Total Assets Growth Rate was 28.70%. The lowest was -10.00%. And the median was 3.30%.

Total Assets is connected with ROA %. George Risk Industries's annualized ROA % for the quarter that ended in Jan. 2024 was 22.86%. Total Assets is also linked to Revenue through Asset Turnover. George Risk Industries's Asset Turnover for the quarter that ended in Jan. 2024 was 0.10.

George Risk Industries Total Assets Historical Data

The historical data trend for George Risk Industries'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.

George Risk Industries Total Assets Chart

George Risk Industries Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Assets

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43.03

43.76

54.14

54.03

55.95

George Risk Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															54.92	55.95	58.50	54.25	59.07

George Risk Industries 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.

George Risk Industries's Total Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Assets	=	Total Equity (A: Apr. 2023 )	+	Total Liabilities (A: Apr. 2023 )
	=	50.649	+	5.302
	=	55.95

George Risk Industries's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	52.71	+	6.363
	=	59.07

George Risk Industries (OTCPK:RSKIA) Total Assets Explanation

Total Assets is connected with ROA %.

George Risk Industries's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	12.956	/	( (54.254	+	59.073)	/ 2 )
	=	12.956	/	56.6635
	=	22.86 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) 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.

George Risk Industries's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	5.394	/	( (54.254	+	59.073)	/ 2 )
=	5.394	/	56.6635
=	0.10

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.

George Risk Industries Total Assets Related Terms

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George Risk Industries (George Risk Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » George Risk Industries Inc (OTCPK:RSKIA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

802 South Elm Street, Kimball, NE, USA, 69145

Website

https://www.grisk.com

George Risk Industries Inc manufactures security products. The company is engaged in the designing, manufacturing, and sale of various products which include magnetic reed switches as well as keyboards and keyboard switches, proximity sensors, security alarm components, pool access alarms, liquid detection sensors, raceway wire covers, wire, and cable installation tools and various other sensors and devices. These security products are used in alarm system installations in the residential, commercial, industrial, and government sectors and generate maximum revenue for the company.

Executives

Bonita Risk Family Irrevocable Trust	10 percent owner	705 JEFFERSON ST., KIMBALL NE 69145
Kenneth R. Risk Revocable Trust Now Irrevocable	10 percent owner	214 W. 9TH ST., KIMBALL NE 69145
Bonita Pauline Risk	director	802 S. ELM ST., KIMBALL NE 69145
Stephanie Maire Risk-mcelroy	officer: Chief Financial Officer	802 S. ELM ST., KIMBALL NE 69145
Sharon Alberta Westby	officer: Secretary	802 S. ELM ST., KIMBALL NE 69145
Donna Dean Debowey	director	802 S. ELM ST., KIMBALL NE 69145
Daniel Roger Douglas	officer: Vice President, Materials	802 S. ELM ST., KIMBALL NE 69145