Drive Shack (Drive Shack) Total Assets : $466.12 Mil (As of Sep. 2023)

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What is Drive Shack Total Assets?

Drive Shack's Total Assets for the quarter that ended in Sep. 2023 was $466.12 Mil.

During the past 12 months, Drive Shack's average Total Assets Growth Rate was 2.30% per year. During the past 3 years, the average Total Assets Growth Rate was -2.90% per year. During the past 5 years, the average Total Assets Growth Rate was 4.70% per year. During the past 10 years, the average Total Assets Growth Rate was -18.80% per year.

During the past 13 years, Drive Shack's highest 3-Year average Total Assets Growth Rate was 59.40%. The lowest was -54.80%. And the median was 0.30%.

Total Assets is connected with ROA %. Drive Shack's annualized ROA % for the quarter that ended in Sep. 2023 was -2.64%. Total Assets is also linked to Revenue through Asset Turnover. Drive Shack's Asset Turnover for the quarter that ended in Sep. 2023 was 0.22.

Drive Shack Total Assets Historical Data

The historical data trend for Drive Shack'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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Drive Shack Total Assets Chart

Drive Shack Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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401.95

515.99

457.05

482.79

457.98

Drive Shack Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															455.69	457.98	463.73	464.75	466.12

Drive Shack 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.

Drive Shack's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	-26.957	+	484.938
	=	457.98

Drive Shack's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-19.352	+	485.47
	=	466.12

Drive Shack (OTCPK:DSHKO.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Drive Shack's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-12.3	/	( (464.753	+	466.118)	/ 2 )
	=	-12.3	/	465.4355
	=	-2.64 %

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

Drive Shack's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	100.336	/	( (464.753	+	466.118)	/ 2 )
=	100.336	/	465.4355
=	0.22

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.

Drive Shack Total Assets Related Terms

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Drive Shack (Drive Shack) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Drive Shack Inc (OTCPK:DSHKO.PFD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DSHKN.PFD:USA DSHKP.PFD:USA DSHK:USA

Address

10670 N. Central Expressway, Suite 700, Dallas, TX, USA, 75231

Website

https://www.driveshack.com

Drive Shack Inc is an owner and operator of golf-related leisure and entertainment businesses. The company conducts its business through three primary segments: Traditional Golf properties, Entertainment Golf venues, and corporate. The Traditional Golf properties segment operates and owns golf properties. The Entertainment Golf venues segment plans to open a chain of gold, competition, dining, and fun. The Corporate segment consists primarily of investments in loans and securities. The majority of the firm's revenue gets derived from the Traditional Golf Properties segment.