Investore Property (NZSE:IPL) Total Assets : NZ$1,014.42 Mil (As of Mar. 2024)

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What is Investore Property Total Assets?

Investore Property's Total Assets for the quarter that ended in Mar. 2024 was NZ$1,014.42 Mil.

During the past 12 months, Investore Property's average Total Assets Growth Rate was -6.30% per year. During the past 3 years, the average Total Assets Growth Rate was -1.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.30% per year.

During the past 7 years, Investore Property's highest 3-Year average Total Assets Growth Rate was 17.20%. The lowest was -1.80%. And the median was 12.00%.

Total Assets is connected with ROA %. Investore Property's annualized ROA % for the quarter that ended in Mar. 2024 was -0.11%. Total Assets is also linked to Revenue through Asset Turnover. Investore Property's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Investore Property Total Assets Historical Data

The historical data trend for Investore Property'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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Investore Property Total Assets Chart

Investore Property Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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786.63

1,070.85

1,238.74

1,080.29

1,014.42

Investore Property Semi-Annual Data
	Sep16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial										1,238.74	1,222.32	1,080.29	1,014.73	1,014.42

Investore Property 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.

Investore Property's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	587.051	+	427.365
	=	1,014.42

Investore Property'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 )
	=	587.051	+	427.365
	=	1,014.42

Investore Property (NZSE:IPL) Total Assets Explanation

Total Assets is connected with ROA %.

Investore Property's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-1.16	/	( (1014.731	+	1014.416)	/ 2 )
	=	-1.16	/	1014.5735
	=	-0.11 %

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

Investore Property's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	36.525	/	( (1014.731	+	1014.416)	/ 2 )
=	36.525	/	1014.5735
=	0.04

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.

Investore Property Total Assets Related Terms

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Investore Property (NZSE:IPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Investore Property Ltd (NZSE:IPL) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

34 Shortland Street, Level 12, Auckland, NZL, 1010

Website

https://www.investoreproperty.co.nz

Investore Property Ltd is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets. Its Large Format Retail includes single-story or low-level properties comprising retail shops and outlets and car parking areas. The group is reported to have a single operating segment, being large format retail properties. The company derives revenue from Rental income.

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