Landsea Homes (Landsea Homes) Total Assets : $1,543.38 Mil (As of Mar. 2024)

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What is Landsea Homes Total Assets?

Landsea Homes's Total Assets for the quarter that ended in Mar. 2024 was $1,543.38 Mil.

During the past 12 months, Landsea Homes's average Total Assets Growth Rate was 10.10% per year. During the past 3 years, the average Total Assets Growth Rate was 19.60% per year.

During the past 5 years, Landsea Homes's highest 3-Year average Total Assets Growth Rate was 100.90%. The lowest was 19.60%. And the median was 60.25%.

Total Assets is connected with ROA %. Landsea Homes's annualized ROA % for the quarter that ended in Mar. 2024 was 0.05%. Total Assets is also linked to Revenue through Asset Turnover. Landsea Homes's Asset Turnover for the quarter that ended in Mar. 2024 was 0.20.

Landsea Homes Total Assets Historical Data

The historical data trend for Landsea Homes'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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Landsea Homes Total Assets Chart

Landsea Homes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

162.49

895.76

1,265.51

1,440.50

1,471.23

Landsea Homes Quarterly Data
	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													1,428.08	1,406.57	1,477.09	1,471.23	1,543.38

Landsea Homes 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.

Landsea Homes'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 )
	=	688.352	+	782.88
	=	1,471.23

Landsea Homes'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 )
	=	676.524	+	866.853
	=	1,543.38

Landsea Homes (NAS:LSEAW) Total Assets Explanation

Total Assets is connected with ROA %.

Landsea Homes'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 )
	=	0.76	/	( (1471.232	+	1543.377)	/ 2 )
	=	0.76	/	1507.3045
	=	0.05 %

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.

Landsea Homes'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 )
=	294.041	/	( (1471.232	+	1543.377)	/ 2 )
=	294.041	/	1507.3045
=	0.20

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.

Landsea Homes Total Assets Related Terms

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Landsea Homes (Landsea Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (NAS:LSEAW) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LSEA:USA 8HJ:Germany

Address

660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660

Website

https://www.landseahomes.com

Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.