RC365 Holding (LSE:RCGH) Total Assets : £8.72 Mil (As of Mar. 2024)

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What is RC365 Holding Total Assets?

RC365 Holding's Total Assets for the quarter that ended in Mar. 2024 was £8.72 Mil.

Warning Sign:

If a company builds assets at 132.1% a year, faster than its revenue growth rate of 16.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, RC365 Holding's average Total Assets Growth Rate was 125.10% per year. During the past 3 years, the average Total Assets Growth Rate was 149.20% per year. During the past 5 years, the average Total Assets Growth Rate was 132.10% per year.

During the past 7 years, RC365 Holding's highest 3-Year average Total Assets Growth Rate was 158.80%. The lowest was 15.30%. And the median was 94.35%.

Total Assets is connected with ROA %. RC365 Holding's annualized ROA % for the quarter that ended in Mar. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. RC365 Holding's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

RC365 Holding Total Assets Historical Data

The historical data trend for RC365 Holding'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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RC365 Holding Total Assets Chart

RC365 Holding Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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1.04

0.83

2.52

4.08

8.72

RC365 Holding Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial					2.52	2.43	4.08	3.92	8.72

RC365 Holding 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.

RC365 Holding's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	3.177	+	5.542
	=	8.72

RC365 Holding's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	3.177	+	5.542
	=	8.72

RC365 Holding (LSE:RCGH) Total Assets Explanation

Total Assets is connected with ROA %.

RC365 Holding's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	0	/	( (3.921	+	8.719)	/ 2 )
	=	0	/	6.32
	=	0.00 %

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

RC365 Holding's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	0	/	( (3.921	+	8.719)	/ 2 )
=	0	/	6.32
=	0.00

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.

RC365 Holding Total Assets Related Terms

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RC365 Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RC365 Holding PLC (LSE:RCGH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

L2G:Germany

Address

78 Cannon Street, Cannon Place, London, GBR, EC4N 6AF

Website

https://www.rc365plc.com

RC365 Holding PLC focuses on payment gateway solutions and IT support and security services. Its segments include Payment gateway solutions (online and offline), which provide an efficient and secure payment gateway service aimed at facilitating the growing banking needs of the Asian community for cross-border payment services. IT support and security services, which provides IT technical support services, cyber security consulting services, and portal support services to its clients. The Group offers its services to a range of different customers, individuals, local SME retail groups, or cross-border customers and will continue to seek to maintain its customer-centric approach, delivering the possible service.

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