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Riviera Tool Co (Riviera Tool Co) Total Assets : $20.38 Mil (As of Nov. 2006)


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What is Riviera Tool Co Total Assets?

Riviera Tool Co's Total Assets for the quarter that ended in Nov. 2006 was $20.38 Mil.

Total Assets is connected with ROA %. Riviera Tool Co's annualized ROA % for the quarter that ended in Nov. 2006 was -6.93%. Total Assets is also linked to Revenue through Asset Turnover. Riviera Tool Co's Asset Turnover for the quarter that ended in Nov. 2006 was 0.21.


Riviera Tool Co Total Assets Historical Data

The historical data trend for Riviera Tool 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.

* Premium members only.

Riviera Tool Co Total Assets Chart

Riviera Tool Co Annual Data
Trend Aug97 Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.98 33.75 27.90 21.22 21.54

Riviera Tool Co Quarterly Data
Feb02 May02 Aug02 Nov02 Feb03 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06
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 22.04 23.36 23.51 21.54 20.38

Riviera Tool 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.

Riviera Tool Co's Total Assets for the fiscal year that ended in Aug. 2006 is calculated as

Total Assets=Total Equity (A: Aug. 2006 )+Total Liabilities (A: Aug. 2006 )
=2.493+19.05
=21.54

Riviera Tool Co's Total Assets for the quarter that ended in Nov. 2006 is calculated as

Total Assets=Total Equity (Q: Nov. 2006 )+Total Liabilities (Q: Nov. 2006 )
=2.18+18.204
=20.38

* 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.


Riviera Tool Co  (OTCPK:RIVT) Total Assets Explanation

Total Assets is connected with ROA %.

Riviera Tool Co's annualized ROA % for the quarter that ended in Nov. 2006 is

ROA %=Net Income (Q: Nov. 2006 )/( (Total Assets (Q: Aug. 2006 )+Total Assets (Q: Nov. 2006 ))/ count )
=-1.452/( (21.543+20.384)/ 2 )
=-1.452/20.9635
=-6.93 %

Note: The Net Income data used here is four times the quarterly (Nov. 2006) 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.

Riviera Tool Co's Asset Turnover for the quarter that ended in Nov. 2006 is

Asset Turnover
=Revenue (Q: Nov. 2006 )/( (Total Assets (Q: Aug. 2006 )+Total Assets (Q: Nov. 2006 ))/ count )
=4.308/( (21.543+20.384)/ 2 )
=4.308/20.9635
=0.21

* 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.

Riviera Tool Co Total Assets Related Terms

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Riviera Tool Co (Riviera Tool Co) Business Description

Traded in Other Exchanges
N/A
Address
5460 Executive Parkway S.E., Grand Rapids, MI, USA, 49512
Riviera Tool Co designs and manufactures large stamping die systems used to form sheet metal parts. These systems are used by automobile manufacturers to produce automobile and truck body parts such as roofs, hoods, fenders, doors, door frames, structural components, and bumpers. The company's customers include major automobile manufacturers.

Riviera Tool Co (Riviera Tool Co) Headlines

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