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Westfield (ASX:WDC) Total Assets : A$27,249.10 Mil (As of Dec. 2017)


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What is Westfield Total Assets?

Westfield's Total Assets for the quarter that ended in Dec. 2017 was A$27,249.10 Mil.

During the past 12 months, Westfield's average Total Assets Growth Rate was 4.20% per year. During the past 3 years, the average Total Assets Growth Rate was 8.30% per year. During the past 5 years, the average Total Assets Growth Rate was -5.10% per year. During the past 10 years, the average Total Assets Growth Rate was -8.40% per year.

During the past 13 years, Westfield's highest 3-Year average Total Assets Growth Rate was 157.70%. The lowest was 0.00%. And the median was -10.90%.

Total Assets is connected with ROA %. Westfield's annualized ROA % for the quarter that ended in Dec. 2017 was 9.17%. Total Assets is also linked to Revenue through Asset Turnover. Westfield's Asset Turnover for the quarter that ended in Dec. 2017 was 0.02.


Westfield Total Assets Historical Data

The historical data trend for Westfield'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.

Westfield Total Assets Chart

Westfield Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,908.00 21,320.78 24,065.70 25,933.53 27,249.10

Westfield Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 24,065.70 23,377.19 25,933.53 26,094.51 27,249.10

Westfield 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.

Westfield's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets=Total Equity (A: Dec. 2017 )+Total Liabilities (A: Dec. 2017 )
=13947.436+13301.667
=27,249.10

Westfield's Total Assets for the quarter that ended in Dec. 2017 is calculated as

Total Assets=Total Equity (Q: Dec. 2017 )+Total Liabilities (Q: Dec. 2017 )
=13947.436+13301.667
=27,249.10

* 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.


Westfield  (ASX:WDC) Total Assets Explanation

Total Assets is connected with ROA %.

Westfield's annualized ROA % for the quarter that ended in Dec. 2017 is

ROA %=Net Income (Q: Dec. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=2446.234/( (26094.514+27249.103)/ 2 )
=2446.234/26671.8085
=9.17 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2017) 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.

Westfield's Asset Turnover for the quarter that ended in Dec. 2017 is

Asset Turnover
=Revenue (Q: Dec. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=582.514/( (26094.514+27249.103)/ 2 )
=582.514/26671.8085
=0.02

* 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.

Westfield Total Assets Related Terms

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Westfield (ASX:WDC) Business Description

Traded in Other Exchanges
N/A
Address
Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.