Rumble Total Assets from 2010 to 2024

RUM Stock  USD 5.21  0.18  3.34%   
Rumble Total Assets yearly trend continues to be very stable with very little volatility. Total Assets are likely to drop to about 159.2 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
295.7 M
Current Value
159.2 M
Quarterly Volatility
118.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rumble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rumble's main balance sheet or income statement drivers, such as Net Interest Income of 16.3 M, Depreciation And Amortization of 13.3 M or Interest Expense of 1.2 M, as well as many indicators such as Price To Sales Ratio of 10.61, Dividend Yield of 0.0 or PTB Ratio of 3.41. Rumble financial statements analysis is a perfect complement when working with Rumble Valuation or Volatility modules.
  
Check out the analysis of Rumble Correlation against competitors.

Latest Rumble's Total Assets Growth Pattern

Below is the plot of the Total Assets of Rumble Inc over the last few years. Total assets refers to the total amount of Rumble assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Rumble Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Rumble's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rumble's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 295.71 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Rumble Total Assets Regression Statistics

Arithmetic Mean60,353,534
Geometric Mean7,795,459
Coefficient Of Variation196.05
Mean Deviation85,445,587
Median2,491,993
Standard Deviation118,325,835
Sample Variance14001T
Range364.5M
R-Value0.66
Mean Square Error8501.8T
R-Squared0.44
Significance0.01
Slope17,473,509
Total Sum of Squares196014T

Rumble Total Assets History

2024159.2 M
2023295.7 M
2022367 M
202155.8 M
20202.7 M

Other Fundumenentals of Rumble Inc

Rumble Total Assets component correlations

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1.00.90.63-0.98-0.660.80.960.841.01.0-0.050.990.840.61-0.050.9-0.44-0.44
0.910.90.89-0.94-0.90.970.920.850.90.89-0.080.880.870.88-0.080.99-0.79-0.79
0.650.630.89-0.68-1.00.950.750.760.630.6-0.10.570.791.0-0.10.88-0.94-0.94
-0.98-0.98-0.94-0.680.7-0.85-0.94-0.83-0.98-0.990.02-0.98-0.82-0.670.02-0.940.550.55
-0.69-0.66-0.9-1.00.7-0.97-0.79-0.81-0.66-0.630.03-0.6-0.83-1.00.03-0.90.920.92
0.820.80.970.95-0.85-0.970.890.880.80.790.030.770.880.960.030.98-0.87-0.87
0.970.960.920.75-0.94-0.790.890.950.960.950.080.940.950.750.080.93-0.55-0.55
0.880.840.850.76-0.83-0.810.880.950.840.840.330.820.930.790.330.89-0.57-0.57
1.01.00.90.63-0.98-0.660.80.960.841.0-0.050.990.840.61-0.050.9-0.44-0.44
1.01.00.890.6-0.99-0.630.790.950.841.0-0.011.00.830.59-0.010.89-0.43-0.43
-0.01-0.05-0.08-0.10.020.030.030.080.33-0.05-0.01-0.010.1-0.011.00.020.090.09
0.990.990.880.57-0.98-0.60.770.940.820.991.0-0.010.810.56-0.010.88-0.41-0.41
0.870.840.870.79-0.82-0.830.880.950.930.840.830.10.810.80.10.88-0.6-0.6
0.640.610.881.0-0.67-1.00.960.750.790.610.59-0.010.560.8-0.010.88-0.94-0.94
-0.01-0.05-0.08-0.10.020.030.030.080.33-0.05-0.011.0-0.010.1-0.010.020.090.09
0.910.90.990.88-0.94-0.90.980.930.890.90.890.020.880.880.880.02-0.79-0.79
-0.47-0.44-0.79-0.940.550.92-0.87-0.55-0.57-0.44-0.430.09-0.41-0.6-0.940.09-0.791.0
-0.47-0.44-0.79-0.940.550.92-0.87-0.55-0.57-0.44-0.430.09-0.41-0.6-0.940.09-0.791.0
Click cells to compare fundamentals

About Rumble Financial Statements

Rumble investors utilize fundamental indicators, such as Total Assets, to predict how Rumble Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Assets295.7 M159.2 M
Intangibles To Total Assets 0.11  0.12 

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Additional Information and Resources on Investing in Rumble Stock

When determining whether Rumble Inc is a strong investment it is important to analyze Rumble's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rumble's future performance. For an informed investment choice regarding Rumble Stock, refer to the following important reports:
Check out the analysis of Rumble Correlation against competitors.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.64)
Revenue Per Share
0.388
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.31)
Return On Equity
(0.52)
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.