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Urban Edge Properties (Urban Edge Properties) Total Assets : $3,214.1 Mil (As of Mar. 2024)


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What is Urban Edge Properties Total Assets?

Urban Edge Properties's Total Assets for the quarter that ended in Mar. 2024 was $3,214.1 Mil.

During the past 12 months, Urban Edge Properties's average Total Assets Growth Rate was 10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 6.30% per year. During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.

During the past 13 years, Urban Edge Properties's highest 3-Year average Total Assets Growth Rate was 10.80%. The lowest was -1.90%. And the median was 6.20%.

Total Assets is connected with ROA %. Urban Edge Properties's annualized ROA % for the quarter that ended in Mar. 2024 was 0.32%. Total Assets is also linked to Revenue through Asset Turnover. Urban Edge Properties's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.


Urban Edge Properties Total Assets Historical Data

The historical data trend for Urban Edge Properties'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.

* Premium members only.

Urban Edge Properties Total Assets Chart

Urban Edge Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,846.36 2,939.56 2,985.12 2,977.43 3,279.81

Urban Edge Properties Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,923.64 2,903.13 2,881.84 3,279.81 3,214.07

Urban Edge Properties 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.

Urban Edge Properties'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 )
=1221.428+2058.381
=3,279.8

Urban Edge Properties'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 )
=1222.383+1991.682
=3,214.1

* 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.


Urban Edge Properties  (NYSE:UE) Total Assets Explanation

Total Assets is connected with ROA %.

Urban Edge Properties'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 )
=10.412/( (3279.809+3214.065)/ 2 )
=10.412/3246.937
=0.32 %

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.

Urban Edge Properties'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 )
=109.626/( (3279.809+3214.065)/ 2 )
=109.626/3246.937
=0.03

* 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.

Urban Edge Properties Total Assets Related Terms

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Urban Edge Properties (Urban Edge Properties) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, New York, NY, USA, 10019
Urban Edge Properties is a real estate investment trust principally focused on the management and development of retail real estate properties in urban communities in the U.S. Having originally been created to hold the majority of Vornado Realty Trust's shopping center businesses, Urban Edge's asset portfolio is mostly composed of shopping centers and malls in terms of total square footage. The company's holdings include necessity and convenience-oriented retailers, such as department stores, grocers, health clubs, and restaurants. Urban Edge's properties are mainly located in the New York City metropolitan region and within the DC to Boston corridor. The company generates nearly all of its revenue through the collection of rent from a large number of tenants.
Executives
Catherine Rice director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Milton Robert C. Iii officer: General Counsel and Secretary C/O CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
Jeffrey Mooallem officer: Chief Operating Officer 3 SERRAMONTE CENTER, DALY CITY CA 94015
Andrea Rosenthal Drazin officer: Chief Accounting Officer 849 BRADFORD AVENUE, WESTFIELD NJ 07090
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Mary Baglivo director C/O SAATCHI & SAATCHI, 17 HUDSON STREET, NEW YORK NY 10014
Norman K. Jenkins director 9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Susan Givens director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Herbert Eilberg officer: Chief Investment Officer C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Vita Danielle De officer: EVP of Development 45 WOOTTON ROAD, ESSEX FELLS NJ 07021
Douglas William Sesler director 54 NORTHWAY, BRONXVILLE NY 10708
Steven Roth director
Christopher Weilminster officer: Chief Operating Officer C/O URBAN EDGE PROPERTIES, 888 7TH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Briggs Donald Ten Eyck officer: President of Development 78 BLANCHARD RD., BURLINGTON MA 01803
Bernard Schachter officer: EVP - Asset Management C/O URBAN EDGE PROPERTIES, 210 ROUTE 4 EAST, PARAMUS NJ 07652