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RONN (RONN) Total Assets : $5.43 Mil (As of Jun. 2005)


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What is RONN Total Assets?

RONN's Total Assets for the quarter that ended in Jun. 2005 was $5.43 Mil.

Total Assets is connected with ROA %. RONN's annualized ROA % for the quarter that ended in Jun. 2005 was 0.07%. Total Assets is also linked to Revenue through Asset Turnover. RONN's Asset Turnover for the quarter that ended in Jun. 2005 was 0.40.


RONN Total Assets Historical Data

The historical data trend for RONN'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.

RONN Total Assets Chart

RONN Annual Data
Trend Sep94 Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 7.47 7.05 6.89 6.06

RONN Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 5.78 6.30 5.95 5.84 5.43

RONN 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.

RONN's Total Assets for the fiscal year that ended in Sep. 2003 is calculated as

Total Assets=Total Equity (A: Sep. 2003 )+Total Liabilities (A: Sep. 2003 )
=-4.592+10.652
=6.06

RONN's Total Assets for the quarter that ended in Jun. 2005 is calculated as

Total Assets=Total Equity (Q: Jun. 2005 )+Total Liabilities (Q: Jun. 2005 )
=-5.841+11.267
=5.43

* 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.


RONN  (OTCPK:RONN) Total Assets Explanation

Total Assets is connected with ROA %.

RONN's annualized ROA % for the quarter that ended in Jun. 2005 is

ROA %=Net Income (Q: Jun. 2005 )/( (Total Assets (Q: Mar. 2005 )+Total Assets (Q: Jun. 2005 ))/ count )
=0.004/( (5.844+5.426)/ 2 )
=0.004/5.635
=0.07 %

Note: The Net Income data used here is four times the quarterly (Jun. 2005) 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.

RONN's Asset Turnover for the quarter that ended in Jun. 2005 is

Asset Turnover
=Revenue (Q: Jun. 2005 )/( (Total Assets (Q: Mar. 2005 )+Total Assets (Q: Jun. 2005 ))/ count )
=2.234/( (5.844+5.426)/ 2 )
=2.234/5.635
=0.40

* 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.

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.

RONN Total Assets Related Terms

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RONN Business Description

Traded in Other Exchanges
N/A
Address
11 N Water Street, Mobile, AL, USA, 36602
RONN Inc Formerly Lee Pharmaceuticals Inc is a developer of health and fitness related mobile applications to be used on PC and mobile devices. These applications will be offered through the Google Play Store and the Apple App Store. It is developing its mobile applications on behalf of a health care provider, health plan, or any HIPAA covered entities. The firm's Green Living Lifestyle Nutrition App encourage health and wellness through green options and alternative health strategies.