PRCX (Phoenix Rising Co) Total Assets: $16.62 Mil (As of Sep. 2022)


PRCX Phoenix Rising Co PRCX
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What is Phoenix Rising Co Total Assets?

Phoenix Rising Co PRCX -99.00% 12 Total Assets is $16.62 Mil as of Sep. 2022. GuruFocus rates PRCX with a GF Score™ of 12/100.

Phoenix Rising Co's Total Assets for the quarter that ended in Sep. 2022 was $16.62 Mil.

Total Assets is connected with ROA %. Phoenix Rising Co's annualized ROA % for the quarter that ended in Sep. 2022 was 206.75%. Total Assets is also linked to Revenue through Asset Turnover. Phoenix Rising Co's Asset Turnover for the quarter that ended in Sep. 2022 was 0.25.

Phoenix Rising Co  (OTCPK:PRCX) Total Assets Explanation

Total Assets is connected with ROA %.

Phoenix Rising Co's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=35.356/( (17.583+16.619)/ 2 )
=35.356/17.101
=206.75 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

Phoenix Rising Co's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=4.275/( (17.583+16.619)/ 2 )
=4.275/17.101
=0.25

* 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.

Phoenix Rising Co Total Assets Related Terms

Phoenix Rising Co Total Assets Historical Data

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The historical data trend for Phoenix Rising Co'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.

Phoenix Rising Co Total Assets Chart

Phoenix Rising Co Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only 71.97 26.51 12.60 12.11 19.29

Phoenix Rising Co Quarterly Data
Oct17 Jan18 Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 16.85 19.29 18.27 17.58 16.62
PRCX
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Phoenix Rising Co PRCX
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Phoenix Rising Co 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.

Phoenix Rising Co's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=5.106+14.179
=19.29

Phoenix Rising Co's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=-11.255+27.874
=16.62

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $16.62 Mil mean?
Phoenix Rising Co (PRCX) has a Total Assets of $16.62 Mil as of Sep. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Phoenix Rising Co and its competitors.
Is Phoenix Rising Co's Total Assets too high?
Phoenix Rising Co's current Total Assets is $16.62 Mil. Overall, Phoenix Rising Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Rising Co's Total Assets compare to FOMC and GLAE?
Phoenix Rising Co's Total Assets of $16.62 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Asset Management company?
A good Total Assets depends on the Asset Management industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Phoenix Rising Co and its competitors. Phoenix Rising Co's current Total Assets is $16.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Rising Co stock overvalued right now?
Phoenix Rising Co (PRCX) has a current Total Assets of $16.62 Mil. The current Total Assets is $16.62 Mil. Phoenix Rising Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Phoenix Rising Co (PRCX), the current Total Assets is $16.62 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Phoenix Rising Co Business Description

Address 641 10th Street, Cedartown, GA, USA, 30125
Phoenix Rising Co makes investments and acquisitions into sound, transparent markets and industries throughout the world. The company is principally engaged in the trading of oil, gas and lubricant,.
12GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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