Altus Group (Altus Group) Total Assets : $905.4 Mil (As of Dec. 2023)

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What is Altus Group Total Assets?

Altus Group's Total Assets for the quarter that ended in Dec. 2023 was $905.4 Mil.

Warning Sign:

If a company builds assets at 17.2% a year, faster than its revenue growth rate of 5.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Altus Group's average Total Assets Growth Rate was -3.00% per year. During the past 3 years, the average Total Assets Growth Rate was 20.80% per year. During the past 5 years, the average Total Assets Growth Rate was 17.20% per year. During the past 10 years, the average Total Assets Growth Rate was 10.30% per year.

During the past 13 years, Altus Group's highest 3-Year average Total Assets Growth Rate was 4371.10%. The lowest was -96.40%. And the median was 10.80%.

Total Assets is connected with ROA %. Altus Group's annualized ROA % for the quarter that ended in Dec. 2023 was -0.05%. Total Assets is also linked to Revenue through Asset Turnover. Altus Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.

Altus Group Total Assets Historical Data

The historical data trend for Altus 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.

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Altus Group Total Assets Chart

Altus Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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558.22

574.13

936.88

930.35

905.41

Altus Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															930.35	924.02	948.71	907.72	905.41

Altus Group 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.

Altus Group'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 )
	=	449.118	+	456.288
	=	905.4

Altus Group'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 )
	=	449.118	+	456.288
	=	905.4

Altus Group (OTCPK:ASGTF) Total Assets Explanation

Total Assets is connected with ROA %.

Altus Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.416	/	( (907.717	+	905.406)	/ 2 )
	=	-0.416	/	906.5615
	=	-0.05 %

Note: The Net Income data used here is four times the quarterly (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.

Altus Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	142.795	/	( (907.717	+	905.406)	/ 2 )
=	142.795	/	906.5615
=	0.16

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.

Altus Group Total Assets Related Terms

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Altus Group (Altus Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Altus Group Ltd (OTCPK:ASGTF) » Definitions » Total Assets

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AIF:Canada

Address

33 Yonge Street, Suite 500, Toronto, ON, CAN, M5E 1G4

Website

https://www.altusgroup.com

Altus Group Ltd operates in the Canadian real estate sector. Its services can be summed up as advisory services, software and data solutions to the property and real estate industry. The company has three reportable segments namely Property Tax, Analytics; and under CRE Consulting services, and Appraisals and Development Advisory. It generates maximum revenue from the Analytics; and under CRE Consulting services segment. A part of its revenue is also derived from the United States, Europe, and the Asia Pacific.