RENO (Renovare Environmental) Total Assets: $39.84 Mil (As of Mar. 2022)


RENO Renovare Environmental Inc RENO
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What is Renovare Environmental Total Assets?

Renovare Environmental RENO -99.00% 12 Total Assets is $39.84 Mil as of Mar. 2022. GuruFocus rates RENO with a GF Score™ of 12/100.

Renovare Environmental's Total Assets for the quarter that ended in Mar. 2022 was $39.84 Mil.

Total Assets is connected with ROA %. Renovare Environmental's annualized ROA % for the quarter that ended in Mar. 2022 was -32.86%. Total Assets is also linked to Revenue through Asset Turnover. Renovare Environmental's Asset Turnover for the quarter that ended in Mar. 2022 was 0.03.

Renovare Environmental  (OTCPK:RENO) Total Assets Explanation

Total Assets is connected with ROA %.

Renovare Environmental's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %=Net Income (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=-13.5/( (42.336+39.837)/ 2 )
=-13.5/41.0865
=-32.86 %

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

Renovare Environmental's Asset Turnover for the quarter that ended in Mar. 2022 is

Asset Turnover
=Revenue (Q: Mar. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Mar. 2022 ))/ count )
=1.136/( (42.336+39.837)/ 2 )
=1.136/41.0865
=0.03

* 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.

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.

Renovare Environmental Total Assets Related Terms

Renovare Environmental Total Assets Historical Data

* Premium members only.

The historical data trend for Renovare Environmental'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.

Renovare Environmental Total Assets Chart

Renovare Environmental Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only 10.54 55.32 56.54 56.69 42.34

Renovare Environmental Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 61.73 58.63 56.05 42.34 39.84
RENO
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Renovare Environmental Inc RENO
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Renovare Environmental 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.

Renovare Environmental'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 )
=-9.625+51.962
=42.34

Renovare Environmental's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (Q: Mar. 2022 )+Total Liabilities (Q: Mar. 2022 )
=-11.861+51.698
=39.84

* 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 $39.84 Mil mean?
Renovare Environmental (RENO) has a Total Assets of $39.84 Mil as of Mar. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Renovare Environmental and its competitors.
Is Renovare Environmental's Total Assets too high?
Renovare Environmental's current Total Assets is $39.84 Mil. Overall, Renovare Environmental has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Renovare Environmental's Total Assets compare to PCTL and QWTR?
Renovare Environmental's Total Assets of $39.84 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Total Assets depends on the Industrial Products 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 Renovare Environmental and its competitors. Renovare Environmental's current Total Assets is $39.84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renovare Environmental stock overvalued right now?
Renovare Environmental (RENO) has a current Total Assets of $39.84 Mil. The current Total Assets is $39.84 Mil. Renovare Environmental'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 Renovare Environmental (RENO), the current Total Assets is $39.84 Mil as of Mar. 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.

Renovare Environmental Business Description

Address 80 Red Schoolhouse Road, Suite 101, Chestnut Ridge, NY, USA, 10977
Renovare Environmental Inc is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. It provides a cost-effective path to ecological sustainability for private and public organizations. The company solutions include Food Digesters and Cloud-based Analytics.
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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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