UNITE Group's Total Assets for the quarter that ended in Dec. 2023 was £5,470.9 Mil.
Warning Sign:
If a company builds assets at 11.2% a year, faster than its revenue growth rate of 4.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, UNITE Group's average Total Assets Growth Rate was 1.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 3.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 17.90% per year.
During the past 13 years, UNITE Group's highest 3-Year average Total Assets Growth Rate was 136.20%. The lowest was -9.80%. And the median was 17.60%.
The historical data trend for UNITE Group'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.
UNITE Group'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.
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.
UNITE Group'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.
UNITE Group Total Assets Related Terms
Thank you for viewing the detailed overview of UNITE Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
UNITE Group PLC develops and operates student housing. It has nearly 150 properties in the United Kingdom that can accommodate almost 50,000 students. Nearly 20% of its rental capacity is in London. The company rents rooms both directly to students and through partnerships with more than 50 universities. Properties often have communal kitchens and other common rooms. Rental income typically provides a portion of the company's revenue. The company also generates revenue from management and development fees and from property sales.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LSE:UTG has been successfully added to your 