Research Solutions (FRA:61I) Total Assets : €37.54 Mil (As of Mar. 2024)

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What is Research Solutions Total Assets?

Research Solutions's Total Assets for the quarter that ended in Mar. 2024 was €37.54 Mil.

During the past 12 months, Research Solutions's average Total Assets Growth Rate was 331.40% per year. During the past 3 years, the average Total Assets Growth Rate was 14.60% per year. During the past 5 years, the average Total Assets Growth Rate was 9.80% per year. During the past 10 years, the average Total Assets Growth Rate was -0.20% per year.

During the past 13 years, Research Solutions's highest 3-Year average Total Assets Growth Rate was 46.50%. The lowest was -21.50%. And the median was 0.85%.

Total Assets is connected with ROA %. Research Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was 0.76%. Total Assets is also linked to Revenue through Asset Turnover. Research Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.30.

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

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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9.22

13.15

14.04

16.11

20.15

Research Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															19.25	20.15	22.19	36.19	37.54

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. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	6.766	+	13.387
	=	20.15

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

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	12.998	+	24.541
	=	37.54

Research Solutions (FRA:61I) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	0.28	/	( (36.188	+	37.539)	/ 2 )
	=	0.28	/	36.8635
	=	0.76 %

Note: The Net Income data used here is four times the quarterly (Mar. 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 Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	11.147	/	( (36.188	+	37.539)	/ 2 )
=	11.147	/	36.8635
=	0.30

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 (FRA:61I) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Research Solutions Inc (FRA:61I) » Definitions » Total Assets

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RSSS:USA

Address

10624 S. Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052

Website

https://www.researchsolutions.com

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.

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