Growthpoint Properties Australia (Growthpoint Properties Australia) Total Assets : $3,348.0 Mil (As of Dec. 2023)

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What is Growthpoint Properties Australia Total Assets?

Growthpoint Properties Australia's Total Assets for the quarter that ended in Dec. 2023 was $3,348.0 Mil.

During the past 12 months, Growthpoint Properties Australia's average Total Assets Growth Rate was -10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 5.00% per year. During the past 5 years, the average Total Assets Growth Rate was 8.80% per year. During the past 10 years, the average Total Assets Growth Rate was 12.20% per year.

During the past 13 years, Growthpoint Properties Australia's highest 3-Year average Total Assets Growth Rate was 33.20%. The lowest was -3.40%. And the median was 13.00%.

Total Assets is connected with ROA %. Growthpoint Properties Australia's annualized ROA % for the quarter that ended in Dec. 2023 was -4.71%. Total Assets is also linked to Revenue through Asset Turnover. Growthpoint Properties Australia's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Growthpoint Properties Australia Total Assets Historical Data

The historical data trend for Growthpoint Properties Australia'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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Growthpoint Properties Australia Total Assets Chart

Growthpoint Properties Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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2,859.63

3,106.07

3,652.75

3,864.93

3,497.18

Growthpoint Properties Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															3,798.71	3,864.93	3,736.64	3,497.18	3,347.99

Growthpoint Properties Australia 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.

Growthpoint Properties Australia's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	2049.866	+	1447.315
	=	3,497.2

Growthpoint Properties Australia'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 )
	=	1915.797	+	1432.195
	=	3,348.0

Growthpoint Properties Australia (OTCPK:GRWPF) Total Assets Explanation

Total Assets is connected with ROA %.

Growthpoint Properties Australia'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 )
	=	-161.178	/	( (3497.181	+	3347.992)	/ 2 )
	=	-161.178	/	3422.5865
	=	-4.71 %

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.

Growthpoint Properties Australia'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 )
=	107.229	/	( (3497.181	+	3347.992)	/ 2 )
=	107.229	/	3422.5865
=	0.03

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.

Growthpoint Properties Australia Total Assets Related Terms

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Growthpoint Properties Australia (Growthpoint Properties Australia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Australia (OTCPK:GRWPF) » Definitions » Total Assets

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IVP1:Germany GOZ:Australia

Address

Level 18, 101 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.growthpoint.com.au

Growthpoint Properties is an internally managed Australian REIT, with commercial property investments split circa 65/35 between Australian office and industrial assets. Historically the REIT did not undertake funds management activities but it purchased fund manager Fortius in September 2022. The REIT usually limits speculative property development, though it built an office development in suburban Melbourne. The asset was completely vacant on completion, but Growthpoint was able to attract tenants and it is now occupied.

Growthpoint Properties Australia (Growthpoint Properties Australia) Headlines

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Half Year 2024 Growthpoint Properties Australia Ltd Earnings Call Transcript

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