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RMCO (Royalty Management Holding) Total Assets : $15.40 Mil (As of Sep. 2024)


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What is Royalty Management Holding Total Assets?

Royalty Management Holding's Total Assets for the quarter that ended in Sep. 2024 was $15.40 Mil.

During the past 12 months, Royalty Management Holding's average Total Assets Growth Rate was 311.80% per year.

Total Assets is connected with ROA %. Royalty Management Holding's annualized ROA % for the quarter that ended in Sep. 2024 was -3.08%. Total Assets is also linked to Revenue through Asset Turnover. Royalty Management Holding's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.


Royalty Management Holding Total Assets Historical Data

The historical data trend for Royalty Management Holding'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.

Royalty Management Holding Total Assets Chart

Royalty Management Holding Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.25 13.97 15.04

Royalty Management Holding Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.80 15.04 13.71 13.72 15.40

Royalty Management Holding 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.

Royalty Management Holding's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=11.114+3.926
=15.04

Royalty Management Holding's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=13.549+1.846
=15.40

* 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.


Royalty Management Holding  (NAS:RMCO) Total Assets Explanation

Total Assets is connected with ROA %.

Royalty Management Holding's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-0.448/( (13.723+15.395)/ 2 )
=-0.448/14.559
=-3.08 %

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

Royalty Management Holding's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.146/( (13.723+15.395)/ 2 )
=0.146/14.559
=0.01

* 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.

Royalty Management Holding Total Assets Related Terms

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Royalty Management Holding Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
12115 Visionary Way, Unit 174, Fishers, IN, USA, 46038
Royalty Management Holding Corp formed to invest or purchase assets that have current or near-term income to provide the company with accretive cash flow from which it can reinvest in new assets or expand cash flow from existing assets. These assets typically are natural resources assets (including real estate and mining permits), patents, intellectual property, and emerging technologies.
Executives
Thomas M. Sauve director 8856 SOUTH STREET, FISHERS IN 46038
Aqr Arbitrage Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Aqr Capital Management Holdings, Llc 10 percent owner ONE GREENWICH PLAZA, GREENWICH CT 06830
Mark C. Jensen director, officer: Chairman and CEO 8856 SOUTH STREET, FISHERS IN 46038
Kirk Patrick Taylor director, officer: President and CFO 8856 SOUTH STREET, FISHERS IN 46038

Royalty Management Holding Headlines

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