RLF AgTech (ASX:RLF) Total Assets : A$22.70 Mil (As of Jun. 2024)

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What is RLF AgTech Total Assets?

RLF AgTech's Total Assets for the quarter that ended in Jun. 2024 was A$22.70 Mil.

During the past 12 months, RLF AgTech's average Total Assets Growth Rate was 35.90% per year. During the past 3 years, the average Total Assets Growth Rate was 18.80% per year.

During the past 4 years, RLF AgTech's highest 3-Year average Total Assets Growth Rate was 18.80%. The lowest was 18.80%. And the median was 18.80%.

Total Assets is connected with ROA %. RLF AgTech's annualized ROA % for the quarter that ended in Jun. 2024 was -53.44%. Total Assets is also linked to Revenue through Asset Turnover. RLF AgTech's Asset Turnover for the quarter that ended in Jun. 2024 was 0.29.

RLF AgTech Total Assets Historical Data

The historical data trend for RLF AgTech'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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RLF AgTech Total Assets Chart

RLF AgTech Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Total Assets

21.25

18.40

17.64

22.70

RLF AgTech Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	18.40	18.67	17.64	17.66	22.70

RLF AgTech 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.

RLF AgTech's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	3.497	+	19.207
	=	22.70

RLF AgTech's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	3.497	+	19.207
	=	22.70

RLF AgTech (ASX:RLF) Total Assets Explanation

Total Assets is connected with ROA %.

RLF AgTech's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-10.784	/	( (17.658	+	22.704)	/ 2 )
	=	-10.784	/	20.181
	=	-53.44 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

RLF AgTech's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	5.853	/	( (17.658	+	22.704)	/ 2 )
=	5.853	/	20.181
=	0.29

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.

RLF AgTech Total Assets Related Terms

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RLF AgTech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » RLF AgTech Ltd (ASX:RLF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

61 Dowd Street, Welshpool, Perth, WA, AUS, 6106

Website

https://www.rlfagtech.com

RLF AgTech Ltd is engaged in the manufacturing and sale of technology-based plant nutrition products. Its offerings include Seed Primers, Soil & Fertigation, and Foliar.

RLF AgTech Headlines

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