Remedy Entertainment (Remedy Entertainment) Total Assets : $100.41 Mil (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Remedy Entertainment Total Assets?

Remedy Entertainment's Total Assets for the quarter that ended in Jun. 2023 was $100.41 Mil.

Warning Sign:

If a company builds assets at 54.9% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Remedy Entertainment's average Total Assets Growth Rate was 11.00% per year. During the past 3 years, the average Total Assets Growth Rate was 28.10% per year. During the past 5 years, the average Total Assets Growth Rate was 54.90% per year.

During the past 9 years, Remedy Entertainment's highest 3-Year average Total Assets Growth Rate was 168.80%. The lowest was 26.00%. And the median was 62.15%.

Total Assets is connected with ROA %. Remedy Entertainment's annualized ROA % for the quarter that ended in Jun. 2023 was -11.23%. Total Assets is also linked to Revenue through Asset Turnover. Remedy Entertainment's Asset Turnover for the quarter that ended in Jun. 2023 was 0.09.

Remedy Entertainment Total Assets Historical Data

The historical data trend for Remedy Entertainment'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.

Remedy Entertainment Total Assets Chart

Remedy Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

39.88

58.83

114.27

105.46

86.43

Remedy Entertainment Quarterly Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial											114.27	106.14	105.46	100.41	86.43

Remedy Entertainment 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.

Remedy Entertainment'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 )
	=	73.882	+	12.552
	=	86.43

Remedy Entertainment's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	87.167	+	13.243
	=	100.41

Remedy Entertainment (OTCPK:RMDEF) Total Assets Explanation

Total Assets is connected with ROA %.

Remedy Entertainment's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-11.556	/	( (105.458	+	100.41)	/ 2 )
	=	-11.556	/	102.934
	=	-11.23 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) 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.

Remedy Entertainment's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	9.646	/	( (105.458	+	100.41)	/ 2 )
=	9.646	/	102.934
=	0.09

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.

Remedy Entertainment Total Assets Related Terms

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

Remedy Entertainment (Remedy Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Remedy Entertainment PLC (OTCPK:RMDEF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

REMEDY:Finland 8P8:Germany

Address

Luomanportti 3, Espoo, FIN, 02200

Website

https://www.remedygames.com

Remedy Entertainment PLC is a gaming company developing narrative and visually impressive console and computer games, published by partners such as Microsoft, Rockstar Games and Smile Gate. It published games such as Death Rally, Max Payne, among others.