Forestar Group's Total Assets for the quarter that ended in Mar. 2024 was $2,599 Mil.
During the past 12 months, Forestar Group's average Total Assets Growth Rate was -2.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 31.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.50% per year.
During the past 13 years, Forestar Group's highest 3-Year average Total Assets Growth Rate was 64.30%. The lowest was -26.10%. And the median was 7.70%.
Total Assets is connected with ROA %. Forestar Group's annualizedROA % for the quarter that ended in Mar. 2024 was 7.01%. Total Assets is also linked to Revenue through Asset Turnover. Forestar Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.
Forestar Group Total Assets Historical Data
The historical data trend for Forestar 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.
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.
Forestar Group's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Forestar Group (NYSE:FOR) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 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.
Forestar Group's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Forestar Group Total Assets Related Terms
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Forestar Group (Forestar Group) Business Description
Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.
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