Slate Grocery REIT's Total Assets for the quarter that ended in Dec. 2023 was $2,235.8 Mil.
During the past 12 months, Slate Grocery REIT's average Total Assets Growth Rate was -2.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 20.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 12.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 21.10% per year.
During the past 12 years, Slate Grocery REIT's highest 3-Year average Total Assets Growth Rate was 114.60%. The lowest was -3.90%. And the median was 20.60%.
The historical data trend for Slate Grocery REIT'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.
Slate Grocery REIT's Total Assets for the fiscal year that ended in Dec. 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.
Slate Grocery REIT (TSX:SGR.U) Total Assets Explanation
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.
Slate Grocery REIT's Asset Turnover for the quarter that ended in Dec. 2023 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.
Slate Grocery REIT Total Assets Related Terms
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Slate Grocery REIT (TSX:SGR.U) Business Description
Slate Grocery REIT is an unincorporated, open-ended mutual fund trust focused on acquiring, owning, and leasing a portfolio of diversified revenue-producing commercial real estate properties in the United States of America with an emphasis on grocery-anchored retail properties. The company's properties include Bloomingdale Plaza, Westin Centre, Glenlake Plaza, Prairie Point, and others.
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