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Dream Residential REIT (Dream Residential REIT) Total Assets : $409.36 Mil (As of Mar. 2024)


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What is Dream Residential REIT Total Assets?

Dream Residential REIT's Total Assets for the quarter that ended in Mar. 2024 was $409.36 Mil.

During the past 12 months, Dream Residential REIT's average Total Assets Growth Rate was -4.90% per year.

Total Assets is connected with ROA %. Dream Residential REIT's annualized ROA % for the quarter that ended in Mar. 2024 was 0.79%. Total Assets is also linked to Revenue through Asset Turnover. Dream Residential REIT's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Dream Residential REIT Total Assets Historical Data

The historical data trend for Dream 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.

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Dream Residential REIT Total Assets Chart

Dream Residential REIT Annual Data
Trend Dec22 Dec23
Total Assets
432.50 411.93

Dream Residential REIT Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial 432.50 437.49 437.18 411.93 409.36

Dream Residential REIT 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.

Dream Residential REIT'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 )
=218.032+193.894
=411.93

Dream Residential REIT'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 )
=239.6+169.758
=409.36

* 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.

Dream Residential REIT  (OTCPK:DRREF) Total Assets Explanation

Total Assets is connected with ROA %.

Dream Residential REIT'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 )
=3.264/( (411.926+409.358)/ 2 )
=3.264/410.642
=0.79 %

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.

Dream Residential REIT'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 )
=12.014/( (411.926+409.358)/ 2 )
=12.014/410.642
=0.03

* 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.

Dream Residential REIT Total Assets Related Terms

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Dream Residential REIT (Dream Residential REIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Total Assets
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Traded in Other Exchanges
DRR.U:Canada
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Website
https://www.dream.ca
Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.