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The RMR Group (The RMR Group) Total Assets : $625.4 Mil (As of Dec. 2023)


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What is The RMR Group Total Assets?

The RMR Group's Total Assets for the quarter that ended in Dec. 2023 was $625.4 Mil.

During the past 12 months, The RMR Group's average Total Assets Growth Rate was 16.30% per year. During the past 3 years, the average Total Assets Growth Rate was -0.60% per year. During the past 5 years, the average Total Assets Growth Rate was 5.00% per year. During the past 10 years, the average Total Assets Growth Rate was 7.10% per year.

During the past 11 years, The RMR Group's highest 3-Year average Total Assets Growth Rate was 23.70%. The lowest was -2.80%. And the median was 5.25%.

Total Assets is connected with ROA %. The RMR Group's annualized ROA % for the quarter that ended in Dec. 2023 was 4.63%. Total Assets is also linked to Revenue through Asset Turnover. The RMR Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.43.


The RMR Group Total Assets Historical Data

The historical data trend for The RMR 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.

* Premium members only.

The RMR Group Total Assets Chart

The RMR Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 660.83 690.25 497.91 542.41 582.42

The RMR 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 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 564.54 592.26 601.39 582.42 625.44

The RMR 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.

The RMR Group's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=423.663+158.761
=582.4

The RMR 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 )
=424.635+200.808
=625.4

* 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.


The RMR Group  (NAS:RMR) Total Assets Explanation

Total Assets is connected with ROA %.

The RMR 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 )
=27.988/( (582.424+625.443)/ 2 )
=27.988/603.9335
=4.63 %

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.

The RMR 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 )
=261.671/( (582.424+625.443)/ 2 )
=261.671/603.9335
=0.43

* 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.

The RMR Group Total Assets Related Terms

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The RMR Group (The RMR Group) Business Description

Traded in Other Exchanges
Address
255 Washington Street, Suite 300, Two Newton Place, Newton, MA, USA, 02458-1634
The RMR Group Inc is a holding company that conducts its business through its subsidiary, which is an alternative asset management company that invests in real estate and manages real estate-related businesses. Its business consists of providing management services to publicly owned real estate investment trusts, or REITs, and real estate-related operating companies. It also provides management services to real estate securities mutual funds and commercial real estate finance companies. The company's operating segment is RMR LLC and All Other Operations. The RMR Group derives its revenue from providing business and property management services as well as advisory and other services.
Executives
Christopher J. Bilotto officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer F. Mintzer officer: Exec. VP of The RMR Group LLC C/O DIVERSIFIED HEALTHCARE TRUST, TWO NEWTON PL., 255 WASHINGTON STREET, NEWTON MA 02458
Jonathan Veitch director TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jonathan Pertchik officer: Exec. VP of The RMR Group LLC C/O TRAVELCENTERS OF AMERICA INC., 24601 CENTER RIDGE ROAD, WESTLAKE OH 44145
Andrew J Rebholz officer: Exec. VP of The RMR Group LLC C/O TRAVELCENTERS OF AMERICA LLC, 400 CENTRE STREET, NEWTON MA 02458
Rosen Plevneliev director THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Frederick N Zeytoonjian director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Watkins Walter C. Jr. director C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458-1634
Ann Logan director C/O PHH CORPORATION, 3000 LEADENHALL RD, MOUNT LAUREL NJ 08054
John G. Murray officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Thomas M O'brien officer: Exec. VP of The RMR Group LLC 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
David M Blackman officer: Exec. VP of The RMR Group LLC C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Mackey Bruce J Jr officer: Exec. VP of The RMR Group LLC C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458
Matthew P. Jordan officer: CFO and Treasurer C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
Senior Housing Properties Trust 10 percent owner C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458