RNBI (Rainbow International) Total Assets: $0.03 Mil (As of Feb. 2014)


What is Rainbow International Total Assets?

Rainbow International RNBI Total Assets is $0.03 Mil as of Feb. 2014.

Rainbow International's Total Assets for the quarter that ended in Feb. 2014 was $0.03 Mil.

Total Assets is connected with ROA %. Rainbow International's annualized ROA % for the quarter that ended in Feb. 2014 was -53.33%. Total Assets is also linked to Revenue through Asset Turnover. Rainbow International's Asset Turnover for the quarter that ended in Feb. 2014 was 0.00.

Rainbow International  (OTCPK:RNBI) Total Assets Explanation

Total Assets is connected with ROA %.

Rainbow International's annualized ROA % for the quarter that ended in Feb. 2014 is

ROA %=Net Income (Q: Feb. 2014 )/( (Total Assets (Q: Nov. 2013 )+Total Assets (Q: Feb. 2014 ))/ count )
=-0.016/( (0.03+0.03)/ 2 )
=-0.016/0.03
=-53.33 %

Note: The Net Income data used here is four times the quarterly (Feb. 2014) 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.

Rainbow International's Asset Turnover for the quarter that ended in Feb. 2014 is

Asset Turnover
=Revenue (Q: Feb. 2014 )/( (Total Assets (Q: Nov. 2013 )+Total Assets (Q: Feb. 2014 ))/ count )
=0/( (0.03+0.03)/ 2 )
=0/0.03
=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.

Rainbow International Total Assets Related Terms

Rainbow International Total Assets Historical Data

* Premium members only.

The historical data trend for Rainbow International'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.

Rainbow International Total Assets Chart

Rainbow International Annual Data
Trend May11 May12 May13
Total Assets
0.00 0.25 0.03

Rainbow International Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.03 0.04 0.03 0.03

Rainbow International 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.

Rainbow International's Total Assets for the fiscal year that ended in May. 2013 is calculated as

Total Assets=Total Equity (A: May. 2013 )+Total Liabilities (A: May. 2013 )
=-0.001+0.034
=0.03

Rainbow International's Total Assets for the quarter that ended in Feb. 2014 is calculated as

Total Assets=Total Equity (Q: Feb. 2014 )+Total Liabilities (Q: Feb. 2014 )
=-0.052+0.082
=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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $0.03 Mil mean?
Rainbow International (RNBI) has a Total Assets of $0.03 Mil as of Feb. 2014. The total amount of assets as recorded on a company's balance sheet. View historical data on Rainbow International and its competitors.
Is Rainbow International's Total Assets too high?
Rainbow International's current Total Assets is $0.03 Mil.
How does Rainbow International's Total Assets compare to competitors?
Rainbow International's Total Assets of $0.03 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Total Assets depends on the Drug Manufacturers 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 Rainbow International and its competitors. Rainbow International's current Total Assets is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rainbow International stock overvalued right now?
Rainbow International (RNBI) has a current Total Assets of $0.03 Mil. The current Total Assets is $0.03 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 Rainbow International (RNBI), the current Total Assets is $0.03 Mil as of Feb. 2014. 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.

Rainbow International Business Description

Comparable Companies IST:GENTSIST:PRKME
Address 17422 East Progress Drive, Suite 107, Centennial, CO, USA
Rainbow International Corp is a United States based company engaged in the commercial production of hemp, by growing hemp in greenhouses and on acreage, then formulate, package and distribute its own line of hemp-based products.