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Rent the Runway (Rent the Runway) Total Assets : $278.5 Mil (As of Jan. 2024)


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What is Rent the Runway Total Assets?

Rent the Runway's Total Assets for the quarter that ended in Jan. 2024 was $278.5 Mil.

During the past 12 months, Rent the Runway's average Total Assets Growth Rate was 7.00% per year. During the past 3 years, the average Total Assets Growth Rate was -4.80% per year.

During the past 5 years, Rent the Runway's highest 3-Year average Total Assets Growth Rate was -4.80%. The lowest was -9.40%. And the median was -7.10%.

Total Assets is connected with ROA %. Rent the Runway's annualized ROA % for the quarter that ended in Jan. 2024 was -33.70%. Total Assets is also linked to Revenue through Asset Turnover. Rent the Runway's Asset Turnover for the quarter that ended in Jan. 2024 was 0.26.


Rent the Runway Total Assets Historical Data

The historical data trend for Rent the Runway'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.

Rent the Runway Total Assets Chart

Rent the Runway Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Total Assets
275.90 320.70 447.50 336.20 278.50

Rent the Runway Quarterly Data
Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 336.20 327.40 304.40 310.30 278.50

Rent the Runway 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.

Rent the Runway's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=-122.3+400.8
=278.5

Rent the Runway's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=-122.3+400.8
=278.5

* 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.


Rent the Runway  (NAS:RENT) Total Assets Explanation

Total Assets is connected with ROA %.

Rent the Runway's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-99.2/( (310.3+278.5)/ 2 )
=-99.2/294.4
=-33.70 %

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

Rent the Runway's Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=75.8/( (310.3+278.5)/ 2 )
=75.8/294.4
=0.26

* 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.

Rent the Runway Total Assets Related Terms

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Rent the Runway (Rent the Runway) Business Description

Traded in Other Exchanges
N/A
Address
10 Jay Street, Brooklyn, NY, USA, 11201
Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories.
Executives
Jennifer Hyman director, 10 percent owner, officer: Chief Executive Officer 767 FIFTH AVENUE, C/O THE ESTEE LAUDER COMPANIES INC., NEW YORK NY 10153
Cara Schembri officer: GC & Secretary C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Brian Donato officer: Chief Supply Chain Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Siddharth Thacker officer: Chief Financial Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Andrew Rau officer: SVP, Supply Chain & Inventory C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Sarah K Tam officer: Chief Merchant Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Anushka Salinas officer: President & COO C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Becky Case officer: SVP, Engineering C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Larry Steinberg officer: Chief Technology Officer 1000 WINDWARD CONCOURSE, SUITE 250, ALPHARETTA GA 30005
Emil Michael director C/O DPCM CAPITAL, INC., 382 NE 191 STREET, # 24148, MIAMI FL 33179
Scarlett O'sullivan officer: Chief Financial Officer 225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204
Andrea Alexander officer: Chief People Officer C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Carley Roney director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Beth J Kaplan director 1716 LOCUST STREET, DES MOINES IA 50309
Timothy E Bixby director C/O SHUTTERSTOCK, 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118

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