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RBWRF (Rainbow Rare Earths) Total Assets : $24.03 Mil (As of Dec. 2024)


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What is Rainbow Rare Earths Total Assets?

Rainbow Rare Earths's Total Assets for the quarter that ended in Dec. 2024 was $24.03 Mil.

During the past 12 months, Rainbow Rare Earths's average Total Assets Growth Rate was 21.70% per year. During the past 3 years, the average Total Assets Growth Rate was 12.70% per year. During the past 5 years, the average Total Assets Growth Rate was 8.50% per year. During the past 10 years, the average Total Assets Growth Rate was 21.10% per year.

During the past 11 years, Rainbow Rare Earths's highest 3-Year average Total Assets Growth Rate was 65.90%. The lowest was -15.20%. And the median was 21.20%.

Total Assets is connected with ROA %. Rainbow Rare Earths's annualized ROA % for the quarter that ended in Dec. 2024 was -20.42%. Total Assets is also linked to Revenue through Asset Turnover. Rainbow Rare Earths's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Rainbow Rare Earths Total Assets Historical Data

The historical data trend for Rainbow Rare Earths'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.

Rainbow Rare Earths Total Assets Chart

Rainbow Rare Earths Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.51 13.05 17.13 14.09 16.28

Rainbow Rare Earths Semi-Annual Data
Jun14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 15.80 14.09 18.77 16.28 24.03

Rainbow Rare Earths 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.

Rainbow Rare Earths'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 )
=13.841+2.434
=16.28

Rainbow Rare Earths's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=13.952+10.078
=24.03

* 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.

Rainbow Rare Earths  (OTCPK:RBWRF) Total Assets Explanation

Total Assets is connected with ROA %.

Rainbow Rare Earths's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-4.116/( (16.275+24.03)/ 2 )
=-4.116/20.1525
=-20.42 %

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

Rainbow Rare Earths's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0/( (16.275+24.03)/ 2 )
=0/20.1525
=0.00

* 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.

Rainbow Rare Earths Total Assets Related Terms

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Rainbow Rare Earths Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainbow Rare Earths Ltd (OTCPK:RBWRF) » Definitions » Total Assets
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Traded in Other Exchanges
RBW:UK GBP:Germany
Address
St Julian's Avenue, Connaught House, Saint Peter Port, GGY, GY1 3EL
Website
https://www.rainbowrareearths.com
Rainbow Rare Earths Ltd aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition. It is doing this successfully via the identification and development of secondary rare earth deposits that can be brought into production quicker and at a lower cost than traditional hard rock mining projects, with a focus on the magnet rare earth elements neodymium & praseodymium, dysprosium & terbium. It is focused on the development of the Phalaborwa Project and the earlier stage Uberaba Project. Both projects entail the recovery of rare earths from phosphogypsum stacks that occur as the by-product of phosphoric acid production, with the original source rock for both deposits being a hardrock carbonatite.