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Highwoods Properties (Highwoods Properties) Total Assets : $6,013.4 Mil (As of Mar. 2024)


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What is Highwoods Properties Total Assets?

Highwoods Properties's Total Assets for the quarter that ended in Mar. 2024 was $6,013.4 Mil.

Warning Sign:

If a company builds assets at 5.4% a year, faster than its revenue growth rate of 3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Highwoods Properties's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.40% per year. During the past 5 years, the average Total Assets Growth Rate was 5.40% per year. During the past 10 years, the average Total Assets Growth Rate was 4.60% per year.

During the past 13 years, Highwoods Properties's highest 3-Year average Total Assets Growth Rate was 129.40%. The lowest was -7.00%. And the median was 4.40%.

Total Assets is connected with ROA %. Highwoods Properties's annualized ROA % for the quarter that ended in Mar. 2024 was 1.78%. Total Assets is also linked to Revenue through Asset Turnover. Highwoods Properties's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.


Highwoods Properties Total Assets Historical Data

The historical data trend for Highwoods Properties'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.

Highwoods Properties Total Assets Chart

Highwoods Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,138.24 5,209.42 5,695.14 6,063.38 6,002.93

Highwoods Properties 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,070.01 6,027.70 6,024.37 6,002.93 6,013.40

Highwoods Properties 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.

Highwoods Properties's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=2487.542+3515.386
=6,002.9

Highwoods Properties'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 )
=2463.894+3549.503
=6,013.4

* 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.


Highwoods Properties  (NYSE:HIW) Total Assets Explanation

Total Assets is connected with ROA %.

Highwoods Properties'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 )
=106.74/( (6002.928+6013.397)/ 2 )
=106.74/6008.1625
=1.78 %

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.

Highwoods Properties'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 )
=211.275/( (6002.928+6013.397)/ 2 )
=211.275/6008.1625
=0.04

* 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.

Highwoods Properties Total Assets Related Terms

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Highwoods Properties (Highwoods Properties) Business Description

Traded in Other Exchanges
N/A
Address
150 Fayetteville Street, Suite 1400, Raleigh, NC, USA, 27601
Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Executives
Brian M Leary officer: EVP & COO 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Theodore J Klinck officer: VP/Chief Investment Officer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Brendan C Maiorana officer: EVP of Finance & IR 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Jeffrey Douglas Miller officer: General Counsel & Sec. 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
David L Gadis director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Mark F Mulhern director 410 S. WILMINGTON STREET, RALEIGH NC 27601
David John Hartzell director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Thomas P Anderson director 3751 GRISSOM PARKWAY, SUITE 100, MYRTLE BEACH SC 29577
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Anne H Lloyd director
Sherry A Kellett director
Edward J Fritsch director, officer: EVP & COO
Kevin E Penn officer: VP/Chief Strategy & Admin 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michael E Harris officer: Sr. Vice President
Terry L Stevens officer: VP, CFO & Treasurer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604

Highwoods Properties (Highwoods Properties) Headlines

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Highwoods to Host Investor Day Thursday, May 12, 2022

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Highwoods to Release Second Quarter 2022 Results Tuesday, July 26th

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Highwoods Announces Availability of Second Quarter 2022 Results

By PurpleRose PurpleRose 07-26-2022

Highwoods to Release Fourth Quarter and Full Year 2022 Results Tuesday, February 7th

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