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Octopus Renewables Infrastructure Trust (LSE:ORIT) Total Assets : £602.28 Mil (As of Dec. 2023)


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What is Octopus Renewables Infrastructure Trust Total Assets?

Octopus Renewables Infrastructure Trust's Total Assets for the quarter that ended in Dec. 2023 was £602.28 Mil.

During the past 12 months, Octopus Renewables Infrastructure Trust's average Total Assets Growth Rate was -2.80% per year. During the past 3 years, the average Total Assets Growth Rate was 31.80% per year.

During the past 4 years, Octopus Renewables Infrastructure Trust's highest 3-Year average Total Assets Growth Rate was 31.80%. The lowest was 31.80%. And the median was 31.80%.

Total Assets is connected with ROA %. Octopus Renewables Infrastructure Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 2.37%. Total Assets is also linked to Revenue through Asset Turnover. Octopus Renewables Infrastructure Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


Octopus Renewables Infrastructure Trust Total Assets Historical Data

The historical data trend for Octopus Renewables Infrastructure Trust'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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Octopus Renewables Infrastructure Trust Total Assets Chart

Octopus Renewables Infrastructure Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
345.99 579.81 620.18 602.28

Octopus Renewables Infrastructure Trust Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 579.81 629.59 620.18 609.83 602.28

Octopus Renewables Infrastructure Trust 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.

Octopus Renewables Infrastructure Trust'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 )
=599.039+3.237
=602.28

Octopus Renewables Infrastructure Trust's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=599.039+3.237
=602.28

* 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.


Octopus Renewables Infrastructure Trust  (LSE:ORIT) Total Assets Explanation

Total Assets is connected with ROA %.

Octopus Renewables Infrastructure Trust's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=14.344/( (609.834+602.276)/ 2 )
=14.344/606.055
=2.37 %

Note: The Net Income data used here is two times the semi-annual (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.

Octopus Renewables Infrastructure Trust's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=7.931/( (609.834+602.276)/ 2 )
=7.931/606.055
=0.01

* 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.

Octopus Renewables Infrastructure Trust Total Assets Related Terms

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Octopus Renewables Infrastructure Trust (LSE:ORIT) Business Description

Traded in Other Exchanges
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
Octopus Renewables Infrastructure Trust PLC is an investment company. It invests in a diversified portfolio of Renewable Energy Assets in Europe and Australia. The company's investment objective is to provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio.

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