GURUFOCUS.COM » STOCK LIST » Technology » Software » Ryde Group Ltd (STU:D0S) » Definitions » Total Assets

Ryde Group (STU:D0S) Total Assets : €5.52 Mil (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Ryde Group Total Assets?

Ryde Group's Total Assets for the quarter that ended in Jun. 2024 was €5.52 Mil.

During the past 12 months, Ryde Group's average Total Assets Growth Rate was 206.50% per year.

Total Assets is connected with ROA %. Ryde Group's annualized ROA % for the quarter that ended in Jun. 2024 was -408.75%. Total Assets is also linked to Revenue through Asset Turnover. Ryde Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.66.

Ryde Group Total Assets Historical Data

The historical data trend for Ryde Group'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.

Ryde Group Total Assets Chart

Ryde Group Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
2.40 3.02 3.58

Ryde Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial - 3.02 2.70 3.58 5.52

Ryde Group 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.

Ryde Group'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 )
=-5.109+8.687
=3.58

Ryde Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=2.144+3.377
=5.52

* 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.

Ryde Group  (STU:D0S) Total Assets Explanation

Total Assets is connected with ROA %.

Ryde Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-18.598/( (3.578+5.522)/ 2 )
=-18.598/4.55
=-408.75 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Ryde Group's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=3.008/( (3.578+5.522)/ 2 )
=3.008/4.55
=0.66

* 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.

Ryde Group Total Assets Related Terms

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

Ryde Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ryde Group Ltd (STU:D0S) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
RYDE:USA
Address
No. 08-21, Duo Tower, 3 Fraser Street, Singapore, SGP, 189352
Website
https://www.rydesharing.com
Ryde Group Ltd is a company providing a super mobility app offering ultimate convenience and reliability for their customers through multiple mobility tools that can be accessed and function seamlessly out of a single app. The company operates in the following segments such as being mobility where it provides on-demand and scheduled carpooling and ride-hailing services, matching riders to driver partners; and quick commerce where it provides on-demand, scheduled, and multi-stop parcel delivery services.

Ryde Group Headlines

No Headlines