Rainforest Resources (Rainforest Resources) Total Assets : $9.50 Mil (As of Sep. 2021)

Rainforest Resources Total Assets Chart

Rainforest Resources Annual Data
	Trend	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Total Assets		Get a 7-Day Free Trial					0.01	0.03	3.39	3.23	5.26

Rainforest Resources Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Total Assets	Get a 7-Day Free Trial															3.61	5.26	8.80	8.81	9.50

Rainforest Resources 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.

Rainforest Resources's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Rainforest Resources's Total Assets for the quarter that ended in Sep. 2021 is calculated as

* 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.

Rainforest Resources  (OTCPK:RRIF) Total Assets Explanation

Total Assets is connected with ROA %.

Rainforest Resources's annualized ROA % for the quarter that ended in Sep. 2021 is

Note: The Net Income data used here is four times the quarterly (Sep. 2021) 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.

Rainforest Resources's Asset Turnover for the quarter that ended in Sep. 2021 is

* 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.

Rainforest Resources Total Assets Related Terms

Thank you for viewing the detailed overview of Rainforest Resources's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Rainforest Resources (Rainforest Resources) Business Description