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InnSuites Hospitality Trust's Total Assets for the quarter that ended in Jan. 2024 was $15.68 Mil.
During the past 12 months, InnSuites Hospitality Trust's average Total Assets Growth Rate was -3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 1.60% per year. During the past 5 years, the average Total Assets Growth Rate was -0.70% per year. During the past 10 years, the average Total Assets Growth Rate was -6.70% per year.
During the past 13 years, InnSuites Hospitality Trust's highest 3-Year average Total Assets Growth Rate was 122.80%. The lowest was -55.20%. And the median was -4.00%.
Total Assets is connected with ROA %. InnSuites Hospitality Trust's annualized ROA % for the quarter that ended in Jan. 2024 was -2.35%. Total Assets is also linked to Revenue through Asset Turnover. InnSuites Hospitality Trust's Asset Turnover for the quarter that ended in Jan. 2024 was 0.11.
The historical data trend for InnSuites Hospitality Trust'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.
InnSuites Hospitality Trust Annual Data | |||||||||||||||||||||
Trend | Jan15 | Jan16 | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 17.00 | 15.39 | 14.70 | 17.02 | 15.68 |
InnSuites Hospitality Trust Quarterly Data | ||||||||||||||||||||
Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | |
Total Assets | Get a 7-Day Free Trial | 17.02 | 17.01 | 16.36 | 15.98 | 15.68 |
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.
InnSuites Hospitality Trust's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as
Total Assets | = | Total Equity (A: Jan. 2024 ) | + | Total Liabilities (A: Jan. 2024 ) |
= | 2.655 | + | 13.025 | |
= | 15.68 |
InnSuites Hospitality Trust's Total Assets for the quarter that ended in Jan. 2024 is calculated as
Total Assets | = | Total Equity (Q: Jan. 2024 ) | + | Total Liabilities (Q: Jan. 2024 ) |
= | 2.655 | + | 13.025 | |
= | 15.68 |
* 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.
InnSuites Hospitality Trust (AMEX:IHT) Total Assets Explanation
Total Assets is connected with ROA %.
InnSuites Hospitality Trust's annualized ROA % for the quarter that ended in Jan. 2024 is
ROA % | = | Net Income (Q: Jan. 2024 ) | / | ( (Total Assets (Q: Oct. 2023 ) | + | Total Assets (Q: Jan. 2024 )) | / count ) |
= | -0.372 | / | ( (15.976 | + | 15.68) | / 2 ) | |
= | -0.372 | / | 15.828 | ||||
= | -2.35 % |
Note: The Net Income data used here is four times the quarterly (Jan. 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.
InnSuites Hospitality Trust's Asset Turnover for the quarter that ended in Jan. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Jan. 2024 ) | / | ( (Total Assets (Q: Oct. 2023 ) | + | Total Assets (Q: Jan. 2024 )) | / count ) |
= | 1.733 | / | ( (15.976 | + | 15.68) | / 2 ) |
= | 1.733 | / | 15.828 | |||
= | 0.11 |
* 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.
Thank you for viewing the detailed overview of InnSuites Hospitality Trust's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Jr Chase | director | 10202 NORTH 15TH AVENUE, APT #2, PHOENIX AZ 85021 |
James F Wirth | director, 10 percent owner, officer: President, other: Chairman and CEO | 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020 |
Pamela J Barnhill | officer: President and COO | C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020 |
Cynthia Ketcherside | director | C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE #105, PHEONIX AZ 85020 |
Adam B Remis | officer: Chief Financial Officer | C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020 |
Leslie T Kutasi | director | C/O INNSUITES HOSPITALITY TRUST, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020 |
Robert R. Mazakis | officer: Principal Accounting Officer | C/O INNSUITES HOTELS CENTRE, 1625 E. NORTHERN AVENUE, SUITE 105, PHOENIX AZ 85020-3960 |
Steven S Robson | director | 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020 |
Larry Pelegrin | director | 5143 E. SIERRA SUNSET TRAIL, CAVE CREEK AZ 85331 |
Peter A Thoma | director | 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020 |
Mason Anderson | director | 3024 WEST SAHUARO DRIVE, PHOENIX AZ 85029 |
Marc E Berg | director, officer: Executive Vice President, other: Secretary and Treasurer | 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020 |
Stephen A Mcconnell | director | 6700 EAST SOLANO DRIVE, PARADISE VALLEY AZ 85253 |
Gail J Wirth | 10 percent owner | 1615 E NORTHERN AVE, STE 105, PHOENIX AZ 85020 |
Anthony B Waters | officer: Chief Financial Officer | 1615 EAST NORTHERN AVE, SUITE 102, C/O INNSUITES HOSPITALITY TRUST, PHOENIX AZ 85020 |
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