RGDXQ (Response Genetics) Total Assets: $48.88 Mil (As of Dec. 2015)


What is Response Genetics Total Assets?

Response Genetics RGDXQ -98.00% Total Assets is $48.88 Mil as of Dec. 2015.

Response Genetics's Total Assets for the quarter that ended in Dec. 2015 was $48.88 Mil.

Total Assets is connected with ROA %. Response Genetics's annualized ROA % for the quarter that ended in Dec. 2015 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Response Genetics's Asset Turnover for the quarter that ended in Dec. 2015 was 0.00.

Response Genetics  (OTCPK:RGDXQ) Total Assets Explanation

Total Assets is connected with ROA %.

Response Genetics's annualized ROA % for the quarter that ended in Dec. 2015 is

ROA %=Net Income (Q: Dec. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=0/( (10.778+48.884)/ 2 )
=0/29.831
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) 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.

Response Genetics's Asset Turnover for the quarter that ended in Dec. 2015 is

Asset Turnover
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=0/( (10.778+48.884)/ 2 )
=0/29.831
=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.

Response Genetics Total Assets Related Terms

Response Genetics Total Assets Historical Data

* Premium members only.

The historical data trend for Response Genetics'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.

Response Genetics Total Assets Chart

Response Genetics Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.85 16.59 18.06 47.11 48.88

Response Genetics Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Dec15
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 12.22 16.27 47.11 10.78 48.88

Response Genetics 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.

Response Genetics's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=33.017+15.867
=48.88

Response Genetics's Total Assets for the quarter that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (Q: Dec. 2015 )+Total Liabilities (Q: Dec. 2015 )
=33.017+15.867
=48.88

* 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 $48.88 Mil mean?
Response Genetics (RGDXQ) has a Total Assets of $48.88 Mil as of Dec. 2015. The total amount of assets as recorded on a company's balance sheet. View historical data on Response Genetics and its competitors.
Is Response Genetics' Total Assets too high?
Response Genetics' current Total Assets is $48.88 Mil.
How does Response Genetics' Total Assets compare to PSID and GBSN?
Response Genetics' Total Assets of $48.88 Mil can be compared against companies in the Medical Diagnostics & Research 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 a Medical Diagnostics & Research company?
A good Total Assets depends on the Medical Diagnostics & Research 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 Response Genetics and its competitors. Response Genetics's current Total Assets is $48.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Response Genetics stock overvalued right now?
Response Genetics (RGDXQ) has a current Total Assets of $48.88 Mil. The current Total Assets is $48.88 Mil. 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 Response Genetics (RGDXQ), the current Total Assets is $48.88 Mil as of Dec. 2015. 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.

Response Genetics Business Description

Address 201 Route 17 North, 2nd Floor, Rutherford, NJ, USA, 07070
Response Genetics Inc develops and sells diagnostic tests. It provides molecular- and biomarker-based tests and services which enables physicians to personalize the clinical management of each individual patient by providing genomic information to diagnose, monitor and inform cancer treatment. The group generates revenue from providing Biopharma Services, Clinical Services, and Discovery Services, of which majority of the revenue is derived from providing Biopharma Services. Biopharma services provide companies with customized solutions for patient stratification and treatment selection through molecular- and biomarker-based testing services, customized assay development and trial design consultation. The firm operates in the US and internationally and generates prime revenue from the US.