RELLB (Richardson Electronics) Total Assets : $192.45 Mil (As of May. 2024)

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What is Richardson Electronics Total Assets?

Richardson Electronics's Total Assets for the quarter that ended in May. 2024 was $192.45 Mil.

Warning Sign:

If a company builds assets at 12.7% a year, faster than its revenue growth rate of 5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Richardson Electronics's average Total Assets Growth Rate was -2.80% per year. During the past 3 years, the average Total Assets Growth Rate was 14.00% per year. During the past 5 years, the average Total Assets Growth Rate was 12.70% per year. During the past 10 years, the average Total Assets Growth Rate was 7.90% per year.

During the past 13 years, Richardson Electronics's highest 3-Year average Total Assets Growth Rate was 60.60%. The lowest was -28.20%. And the median was 2.40%.

Total Assets is connected with ROA %. Richardson Electronics's annualized ROA % for the quarter that ended in May. 2024 was -0.25%. Total Assets is also linked to Revenue through Asset Turnover. Richardson Electronics's Asset Turnover for the quarter that ended in May. 2024 was 0.25.

Richardson Electronics Total Assets Historical Data

The historical data trend for Richardson Electronics'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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Richardson Electronics Total Assets Chart

Richardson Electronics Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Total Assets

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150.72

156.75

179.82

198.05

192.45

Richardson Electronics Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
Total Assets	Get a 7-Day Free Trial															198.05	195.52	196.49	193.61	192.45

Richardson Electronics 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.

Richardson Electronics's Total Assets for the fiscal year that ended in May. 2024 is calculated as

Total Assets	=	Total Equity (A: May. 2024 )	+	Total Liabilities (A: May. 2024 )
	=	157.952	+	34.493
	=	192.45

Richardson Electronics's Total Assets for the quarter that ended in May. 2024 is calculated as

Total Assets	=	Total Equity (Q: May. 2024 )	+	Total Liabilities (Q: May. 2024 )
	=	157.952	+	34.493
	=	192.45

Richardson Electronics (GREY:RELLB) Total Assets Explanation

Total Assets is connected with ROA %.

Richardson Electronics's annualized ROA % for the quarter that ended in May. 2024 is

ROA %	=	Net Income (Q: May. 2024 )	/	( (Total Assets (Q: Feb. 2024 )	+	Total Assets (Q: May. 2024 ))	/ count )
	=	-0.476	/	( (193.605	+	192.445)	/ 2 )
	=	-0.476	/	193.025
	=	-0.25 %

Note: The Net Income data used here is four times the quarterly (May. 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.

Richardson Electronics's Asset Turnover for the quarter that ended in May. 2024 is

	Asset Turnover
=	Revenue (Q: May. 2024 )	/	( (Total Assets (Q: Feb. 2024 )	+	Total Assets (Q: May. 2024 ))	/ count )
=	47.374	/	( (193.605	+	192.445)	/ 2 )
=	47.374	/	193.025
=	0.25

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.

Richardson Electronics Total Assets Related Terms

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Richardson Electronics Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Richardson Electronics Ltd (GREY:RELLB) » Definitions » Total Assets

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RELL:USA

Address

40W267 Keslinger Road, P.O. Box 393, LaFox, IL, USA, 60147-0393

Website

https://www.rell.com

Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.