RYAH Group (XCNQ:RYAH) Total Assets : C$0.17 Mil (As of Sep. 2022)

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What is RYAH Group Total Assets?

RYAH Group's Total Assets for the quarter that ended in Sep. 2022 was C$0.17 Mil.

Total Assets is connected with ROA %. RYAH Group's annualized ROA % for the quarter that ended in Sep. 2022 was -1,051.06%. Total Assets is also linked to Revenue through Asset Turnover. RYAH Group's Asset Turnover for the quarter that ended in Sep. 2022 was 0.06.

RYAH Group Total Assets Historical Data

The historical data trend for RYAH 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.

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RYAH Group Total Assets Chart

RYAH Group Annual Data

Trend

Dec20

Dec21

Total Assets

0.40

0.63

RYAH Group Quarterly Data
	Feb20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Assets	Get a 7-Day Free Trial			1.00	0.63	0.19	0.21	0.17

RYAH 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.

RYAH Group's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	-0.575	+	1.203
	=	0.63

RYAH Group's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	-1.661	+	1.83
	=	0.17

RYAH Group (XCNQ:RYAH) Total Assets Explanation

Total Assets is connected with ROA %.

RYAH Group's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	-1.976	/	( (0.207	+	0.169)	/ 2 )
	=	-1.976	/	0.188
	=	-1,051.06 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

RYAH Group's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	0.011	/	( (0.207	+	0.169)	/ 2 )
=	0.011	/	0.188
=	0.06

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.

RYAH Group Total Assets Related Terms

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RYAH Group (XCNQ:RYAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » RYAH Group Inc (XCNQ:RYAH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 34TH STREET, SUITE B421, BROOKLYN, NY, USA, 11232

Website

https://www.ryahgroup.com

RYAH Group Inc is a data technology company in plant-based medicine. Its Artificial Intelligence platform aggregates and correlates HIPAA-compliant dosing data from seed to consumption. This helps the company to conduct predictive analyses to help doctors, researchers, and end-users create personalized dosing regimens that can accurately foresee patient outcomes. the company also provide other products which are smart inhaler system & smart patch system.

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