Elite UK REIT (SGX:MXNU) Total Assets : £444.04 Mil (As of Dec. 2023)

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What is Elite UK REIT Total Assets?

Elite UK REIT's Total Assets for the quarter that ended in Dec. 2023 was £444.04 Mil.

During the past 12 months, Elite UK REIT's average Total Assets Growth Rate was -11.70% per year. During the past 3 years, the average Total Assets Growth Rate was 10.60% per year.

During the past 5 years, Elite UK REIT's highest 3-Year average Total Assets Growth Rate was 16.50%. The lowest was 10.60%. And the median was 13.55%.

Total Assets is connected with ROA %. Elite UK REIT's annualized ROA % for the quarter that ended in Dec. 2023 was -13.34%. Total Assets is also linked to Revenue through Asset Turnover. Elite UK REIT's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Elite UK REIT Total Assets Historical Data

The historical data trend for Elite UK 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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Elite UK REIT Total Assets Chart

Elite UK REIT Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

322.77

332.89

533.36

486.80

444.04

Elite UK REIT Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial				533.36	540.15	486.80	488.45	444.04

Elite UK 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.

Elite UK 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 )
	=	207.242	+	236.801
	=	444.04

Elite UK REIT'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 )
	=	207.242	+	236.801
	=	444.04

Elite UK REIT (SGX:MXNU) Total Assets Explanation

Total Assets is connected with ROA %.

Elite UK REIT'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 )
	=	-62.206	/	( (488.446	+	444.043)	/ 2 )
	=	-62.206	/	466.2445
	=	-13.34 %

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.

Elite UK REIT'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 )
=	23.866	/	( (488.446	+	444.043)	/ 2 )
=	23.866	/	466.2445
=	0.05

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.

Elite UK REIT Total Assets Related Terms

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Elite UK REIT (SGX:MXNU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Elite UK REIT (SGX:MXNU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Temasek Boulevard, 37-02, Suntec Tower Three, Singapore, SGP, 038988

Website

https://www.elitecreit.com

Elite Commercial REIT invests in commercial assets and real estate-related assets in the UK. It has commercial buildings located across the UK.

Elite UK REIT (SGX:MXNU) Headlines

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