Empire State Realty OP LP (Empire State Realty OP LP) Total Assets : $4,219.3 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Empire State Realty OP LP Total Assets?

Empire State Realty OP LP's Total Assets for the quarter that ended in Dec. 2023 was $4,219.3 Mil.

During the past 12 months, Empire State Realty OP LP's average Total Assets Growth Rate was -0.70% per year. During the past 3 years, the average Total Assets Growth Rate was 2.20% per year. During the past 5 years, the average Total Assets Growth Rate was 1.70% per year. During the past 10 years, the average Total Assets Growth Rate was 3.60% per year.

During the past 13 years, Empire State Realty OP LP's highest 3-Year average Total Assets Growth Rate was 48.10%. The lowest was 1.50%. And the median was 2.40%.

Total Assets is connected with ROA %. Empire State Realty OP LP's annualized ROA % for the quarter that ended in Dec. 2023 was 1.50%. Total Assets is also linked to Revenue through Asset Turnover. Empire State Realty OP LP's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Empire State Realty OP LP Total Assets Historical Data

The historical data trend for Empire State Realty OP LP'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.

Empire State Realty OP LP Total Assets Chart

Empire State Realty OP LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

3,931.83

4,150.70

4,282.45

4,163.59

4,219.33

Empire State Realty OP LP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															4,157.36	4,184.77	4,216.55	4,219.33	4,190.59

Empire State Realty OP LP 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.

Empire State Realty OP LP's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	1731.045	+	2488.288
	=	4,219.3

Empire State Realty OP LP'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 )
	=	1731.045	+	2488.288
	=	4,219.3

Empire State Realty OP LP (ARCA:OGCP) Total Assets Explanation

Total Assets is connected with ROA %.

Empire State Realty OP LP'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 )
	=	63.324	/	( (4216.547	+	4219.333)	/ 2 )
	=	63.324	/	4217.94
	=	1.50 %

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.

Empire State Realty OP LP'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 )
=	192.882	/	( (4216.547	+	4219.333)	/ 2 )
=	192.882	/	4217.94
=	0.05

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.

Empire State Realty OP LP Total Assets Related Terms

Thank you for viewing the detailed overview of Empire State Realty OP LP's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Empire State Realty OP LP (Empire State Realty OP LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Empire State Realty OP LP (ARCA:OGCP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

FISK:USA ESBA:USA

Address

111 West 33rd Street, 12th Floor, New York, NY, USA, 10120

Website

https://www.esrtreit.com

Empire State Realty OP LP is the operating partner of Empire State Realty Inc. The company along with its partner manages, operates, acquires and repositions properties in Manhattan and the greater New York metropolitan area. The firm operates in two segments, Real Estate and Observatory. Through the Real Estate segment, it offers services related to the ownership, management, operation, acquisition, repositioning and disposition of its real estate assets. Under the Observatory segment, it operates the two observatories of the Empire State Building. The company generates maximum revenue from the Real Estate segment.