Real Matters (TSX:REAL) Total Assets

: C$168.4 Mil (As of Dec. 2023)

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Real Matters's Total Assets for the quarter that ended in Dec. 2023 was C$168.4 Mil.

During the past 12 months, Real Matters's average Total Assets Growth Rate was -5.70% per year. During the past 3 years, the average Total Assets Growth Rate was -9.80% per year. During the past 5 years, the average Total Assets Growth Rate was -8.00% per year.

During the past 10 years, Real Matters's highest 3-Year average Total Assets Growth Rate was 31.30%. The lowest was -11.40%. And the median was -6.25%.

Total Assets is connected with ROA %. Real Matters's annualized ROA % for the quarter that ended in Dec. 2023 was -11.27%. Total Assets is also linked to Revenue through Asset Turnover. Real Matters's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.

Real Matters Total Assets Historical Data

The historical data trend for Real Matters'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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Real Matters Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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268.90

330.39

246.25

182.75

174.20

Real Matters 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															175.69	176.39	172.42	174.20	168.38

Real Matters 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.

Real Matters'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 )
	=	150.976	+	23.219
	=	174.2

Real Matters'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 )
	=	149.044	+	19.339
	=	168.4

Real Matters (TSX:REAL) Total Assets Explanation

Total Assets is connected with ROA %.

Real Matters'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 )
	=	-19.308	/	( (174.195	+	168.383)	/ 2 )
	=	-19.308	/	171.289
	=	-11.27 %

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.

Real Matters'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 )
=	47.553	/	( (174.195	+	168.383)	/ 2 )
=	47.553	/	171.289
=	0.28

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.

Real Matters Total Assets Related Terms

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Real Matters (TSX:REAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Real Matters Inc (TSX:REAL) » Definitions » Total Assets

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RLLMF:USA

Address

50 Minthorn Boulevard, Suite 401, Markham, ON, CAN, L3T 7X8

Website

https://www.realmatters.com

Real Matters Inc is a Canadian network management services provider for the mortgage lending and insurance industries. The company's platform combines proprietary technology and network management capabilities with tens of thousands of independent qualified field agents. Its operating segment includes U.S. Appraisal; U.S. Title and Canada. The company generates maximum revenue from the U.S. Appraisal segment. Its U.S. Appraisal segment provides residential mortgage appraisals for purchase, refinance, and home equity transactions through its Solidifi brand.