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BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Total Assets : R$271.96 Mil (As of Dec. 2023)


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What is BB Fundo Invest Imobiliario Progressivo Total Assets?

BB Fundo Invest Imobiliario Progressivo's Total Assets for the quarter that ended in Dec. 2023 was R$271.96 Mil.

During the past 12 months, BB Fundo Invest Imobiliario Progressivo's average Total Assets Growth Rate was -6.10% per year. During the past 3 years, the average Total Assets Growth Rate was -7.20% per year.

During the past 5 years, BB Fundo Invest Imobiliario Progressivo's highest 3-Year average Total Assets Growth Rate was -7.20%. The lowest was -12.20%. And the median was -9.70%.

Total Assets is connected with ROA %. BB Fundo Invest Imobiliario Progressivo's annualized ROA % for the quarter that ended in Dec. 2023 was 2.07%. Total Assets is also linked to Revenue through Asset Turnover. BB Fundo Invest Imobiliario Progressivo's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

BB Fundo Invest Imobiliario Progressivo Total Assets Historical Data

The historical data trend for BB Fundo Invest Imobiliario Progressivo'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.

BB Fundo Invest Imobiliario Progressivo Total Assets Chart

BB Fundo Invest Imobiliario Progressivo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
418.58 341.56 383.68 289.37 271.96

BB Fundo Invest Imobiliario Progressivo Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets 418.58 341.56 383.68 289.37 271.96

BB Fundo Invest Imobiliario Progressivo 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.

BB Fundo Invest Imobiliario Progressivo'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 )
=266.473+5.482
=271.96

BB Fundo Invest Imobiliario Progressivo'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 )
=266.473+5.482
=271.96

* 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.

BB Fundo Invest Imobiliario Progressivo  (BSP:BBFI11B) Total Assets Explanation

Total Assets is connected with ROA %.

BB Fundo Invest Imobiliario Progressivo's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=5.811/( (289.374+271.955)/ 2 )
=5.811/280.6645
=2.07 %

Note: The Net Income data used here is one times the annual (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.

BB Fundo Invest Imobiliario Progressivo's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=57.337/( (289.374+271.955)/ 2 )
=57.337/280.6645
=0.20

* 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.

BB Fundo Invest Imobiliario Progressivo Total Assets Related Terms

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BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) » Definitions » Total Assets
Comparable Companies
BSP:HOFC11 ARE BXP XPAR:GFC TSE:8951 TSE:8952 ASX:DXS VNO BOM:542602 KRC TSE:8954 XPAR:FLY XMAD:COL CUZ CDP LSE:DLN ESBA BOM:543217 SGX:K71U SGX:AJBU
Traded in Other Exchanges
N/A
Address
Avenida Paulista, 2300, 11th Floor, Sao Paulo, SP, BRA, 1310300
Website
http://www.fundoimobiliario.com.br
BB Fundo Invest Imobiliario Progressivo is an investment REIT. The firm invests in commercial real estate developments that generate frequent revenue, such as commercial buildings, hospitals, shopping malls, distribution, and logistics centers. It is managed by Caixa Economica Federal. Its assets are leased to the Bank of Brazil.

BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Headlines

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