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RSSS (Research Solutions) Total Assets : $42.79 Mil (As of Dec. 2024)


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What is Research Solutions Total Assets?

Research Solutions's Total Assets for the quarter that ended in Dec. 2024 was $42.79 Mil.

Warning Sign:

If a company builds assets at 37.3% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Research Solutions's average Total Assets Growth Rate was -4.60% per year. During the past 3 years, the average Total Assets Growth Rate was 82.20% per year. During the past 5 years, the average Total Assets Growth Rate was 37.30% per year. During the past 10 years, the average Total Assets Growth Rate was 8.90% per year.

During the past 13 years, Research Solutions's highest 3-Year average Total Assets Growth Rate was 82.20%. The lowest was -21.50%. And the median was 3.50%.

Total Assets is connected with ROA %. Research Solutions's annualized ROA % for the quarter that ended in Dec. 2024 was -18.82%. Total Assets is also linked to Revenue through Asset Turnover. Research Solutions's Asset Turnover for the quarter that ended in Dec. 2024 was 0.28.


Research Solutions Total Assets Historical Data

The historical data trend for Research Solutions'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.

Research Solutions Total Assets Chart

Research Solutions Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.81 16.92 17.03 21.84 41.86

Research Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 39.46 40.80 41.86 41.36 42.79

Research Solutions 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.

Research Solutions's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=11.694+30.166
=41.86

Research Solutions's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=11.126+31.663
=42.79

* 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.


Research Solutions  (NAS:RSSS) Total Assets Explanation

Total Assets is connected with ROA %.

Research Solutions's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-7.92/( (41.361+42.789)/ 2 )
=-7.92/42.075
=-18.82 %

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

Research Solutions's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=11.914/( (41.361+42.789)/ 2 )
=11.914/42.075
=0.28

* 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.

Research Solutions Total Assets Related Terms

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Research Solutions Business Description

Traded in Other Exchanges
Address
10624 South Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052
Research Solutions Inc is a holding company. The company provides a cloud-based SaaS research intelligence platform consisting of proprietary software and Internet-based interfaces. Its platform also allows customers to find and download digital versions of STM articles. Platforms and Transactions are packaged as a single solution that enables life science and other research-intensive organizations to speed up research and development activities. The company platform allows customers to initiate orders, manage transactions, automate authentication, obtain reports, and connect seamlessly to corporate intranets.
Executives
Peter Derycz director, 10 percent owner, officer: CEO & President 207 10TH STREET, SANTA MONICA CA 90402
Bristol Capital Advisors, Llc other: See Explanation of Responses 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Bristol Investment Fund Ltd other: See Explanation of Responses 89 NEXUS WAY, CAMANA BAY, PO BOX 311063, GRAND CAYMAN E9 KY1-1205
Paul Kessler other: See Explanation of Responses 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Janice M Peterson other: See Explanation of Responses 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024
Roy W Olivier director 11425 WEST LAKE PARK DRIVE, SUITE 900, MILWAUKEE WI 53224
Barbara J. Cooperman director 10624 S. EASTERN AVENUE, SUITE A-614, HENDERSON NV 89052
Eugene Vlad Robin director 2508 FISK LANE, REDONDO BEACH CA 90278
William Nurthen officer: CFO & Secretary 500 N. DEARBORN, SUITE 1200, CHICAGO IL 60610
Shane Alan Hunt officer: Chief Customer Success Officer C/O RESEARCH SOLUTIONS, INC., 10624 S. EASTERN AVE, SUITE A-614, HENDERSON NV 89052
Alan Louis Urban officer: CFO & Secretary 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404
Marc Nissan officer: Chief Technology Officer C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436
12 West Capital Management Lp 10 percent owner 475 TENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Van Der Heijden Michiel officer: Chief Product Officer 10624 S. EASTERN AVE.., STE, A-614, HENDERSON NV 89052
Erkel Rogier Van officer: Chief Sales Officer C/O RESEARCH SOLUTIONS, INC., 15821 VENTURA BLVD. SUITE 165, ENCINO CA 91436