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Raging Rhino Capital (TSXV:RRCC.P) Total Assets : C$0.20 Mil (As of Feb. 2024)


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What is Raging Rhino Capital Total Assets?

Raging Rhino Capital's Total Assets for the quarter that ended in Feb. 2024 was C$0.20 Mil.

During the past 12 months, Raging Rhino Capital's average Total Assets Growth Rate was -93.00% per year.

Total Assets is connected with ROA %. Raging Rhino Capital's annualized ROA % for the quarter that ended in Feb. 2024 was -43.54%. Total Assets is also linked to Revenue through Asset Turnover. Raging Rhino Capital's Asset Turnover for the quarter that ended in Feb. 2024 was 0.00.


Raging Rhino Capital Total Assets Historical Data

The historical data trend for Raging Rhino Capital'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.

Raging Rhino Capital Total Assets Chart

Raging Rhino Capital Annual Data
Trend Aug21 Aug22 Aug23
Total Assets
- 0.19 0.25

Raging Rhino Capital Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.28 0.25 0.24 0.20

Raging Rhino Capital 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.

Raging Rhino Capital's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=0.231+0.021
=0.25

Raging Rhino Capital's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=0.185+0.013
=0.20

* 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.


Raging Rhino Capital  (TSXV:RRCC.P) Total Assets Explanation

Total Assets is connected with ROA %.

Raging Rhino Capital's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.096/( (0.242+0.199)/ 2 )
=-0.096/0.2205
=-43.54 %

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

Raging Rhino Capital's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=0/( (0.242+0.199)/ 2 )
=0/0.2205
=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.

Raging Rhino Capital Total Assets Related Terms

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Raging Rhino Capital (TSXV:RRCC.P) Business Description

Traded in Other Exchanges
N/A
Address
1500 West Georgia Street, Suite 480, Vancouver, BC, CAN, V6G 2Z6
Website
Raging Rhino Capital Corp is a capital pool company.

Raging Rhino Capital (TSXV:RRCC.P) Headlines

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