ARMOUR Residential REIT's Total Assets for the quarter that ended in Dec. 2023 was $12,344.40 Mil.
During the past 12 months, ARMOUR Residential REIT's average Total Assets Growth Rate was 29.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 31.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 66.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 41.60% per year.
During the past 13 years, ARMOUR Residential REIT's highest 3-Year average Total Assets Growth Rate was 103.50%. The lowest was -33.00%. And the median was 32.60%.
Total Assets is connected with ROA %. ARMOUR Residential REIT's annualizedROA % for the quarter that ended in Dec. 2023 was 3.04%. Total Assets is also linked to Revenue through Asset Turnover. ARMOUR Residential REIT's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.
ARMOUR Residential REIT Total Assets Historical Data
The historical data trend for ARMOUR Residential REIT'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.
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.
ARMOUR Residential REIT's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
ARMOUR Residential REIT (NYSE:ARR) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 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.
ARMOUR Residential REIT's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
ARMOUR Residential REIT Total Assets Related Terms
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ARMOUR Residential REIT (ARMOUR Residential REIT) Business Description
ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.
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