Rite Aid Corporation
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care pr… Read more
Rite Aid Corporation (RTA1) - Total Assets
Latest total assets as of August 2023: €7.13 Billion EUR
Based on the latest financial reports, Rite Aid Corporation (RTA1) holds total assets worth €7.13 Billion EUR as of August 2023.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Rite Aid Corporation - Total Assets Trend (2017–2023)
This chart illustrates how Rite Aid Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Rite Aid Corporation - Asset Composition Analysis
Current Asset Composition (February 2023)
Rite Aid Corporation's total assets of €7.13 Billion consist of 43.9% current assets and 56.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.1% |
| Accounts Receivable | €1.15 Billion | 15.3% |
| Inventory | €1.90 Billion | 25.3% |
| Property, Plant & Equipment | €3.40 Billion | 45.2% |
| Intangible Assets | €250.11 Million | 3.3% |
| Goodwill | €507.94 Million | 6.8% |
Asset Composition Trend (2017–2023)
This chart illustrates how Rite Aid Corporation's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Rite Aid Corporation's current assets represent 43.9% of total assets in 2023, an increase from 43.7% in 2017.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2023, down from 2.1% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, a decrease from 21.0% in 2017.
- Asset Diversification: The largest asset category is property, plant & equipment at 45.2% of total assets.
Rite Aid Corporation Competitors by Total Assets
Key competitors of Rite Aid Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
China | CN¥12.68 Billion |
|
Yunnan Hongxiang Yixintang
SHE:002727
|
China | CN¥15.84 Billion |
|
Luyan Pharma Co Ltd
SHE:002788
|
China | CN¥13.04 Billion |
|
Ji Yao Holding Group Co Ltd
SHE:300108
|
China | CN¥1.43 Billion |
|
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co. Ltd.
SHE:300937
|
China | CN¥1.75 Billion |
|
ShuYu Civilian Pharmacy Corp. Ltd.
SHE:301017
|
China | CN¥9.84 Billion |
|
Hunan Dajiaweikang Pharmaceutical Industry Co.Ltd
SHE:301126
|
China | CN¥6.56 Billion |
|
Anhui Huaren Health Pharmaceutical Co. Ltd. Cl A
SHE:301408
|
China | CN¥5.26 Billion |
Rite Aid Corporation - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Rite Aid Corporation generates 3.20x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Rite Aid Corporation is currently not profitable relative to its asset base.
Rite Aid Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.57 | 1.33 | 1.68 |
| Quick Ratio | 0.27 | 0.61 | 0.91 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-2.78 Billion | € 922.10 Million | € 1.66 Billion |
Rite Aid Corporation - Advanced Valuation Insights
This section examines the relationship between Rite Aid Corporation's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.46 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -11.7% |
| Total Assets | €7.53 Billion |
| Market Capitalization | $11.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Rite Aid Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Rite Aid Corporation's assets decreased by 11.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Rite Aid Corporation (2017–2023)
The table below shows the annual total assets of Rite Aid Corporation from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-02-28 | €7.53 Billion | -11.74% |
| 2022-02-28 | €8.53 Billion | -8.64% |
| 2021-02-28 | €9.34 Billion | -1.24% |
| 2020-02-29 | €9.45 Billion | +24.51% |
| 2019-02-28 | €7.59 Billion | -15.55% |
| 2018-02-28 | €8.99 Billion | -22.46% |
| 2017-02-28 | €11.59 Billion | -- |