Triple Point Social Housing REIT (CHIX:SOHOL) Total Assets : £713.05 Mil (As of Dec. 2023)

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What is Triple Point Social Housing REIT Total Assets?

Triple Point Social Housing REIT's Total Assets for the quarter that ended in Dec. 2023 was £713.05 Mil.

Warning Sign:

If a company builds assets at 13.3% a year, faster than its revenue growth rate of 3.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Triple Point Social Housing REIT's average Total Assets Growth Rate was 1.20% per year. During the past 3 years, the average Total Assets Growth Rate was 5.60% per year. During the past 5 years, the average Total Assets Growth Rate was 13.30% per year.

During the past 7 years, Triple Point Social Housing REIT's highest 3-Year average Total Assets Growth Rate was 44.50%. The lowest was 5.60%. And the median was 17.35%.

Total Assets is connected with ROA %. Triple Point Social Housing REIT's annualized ROA % for the quarter that ended in Dec. 2023 was 11.51%. Total Assets is also linked to Revenue through Asset Turnover. Triple Point Social Housing REIT's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Triple Point Social Housing REIT Total Assets Historical Data

The historical data trend for Triple Point Social Housing 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.

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Triple Point Social Housing REIT Total Assets Chart

Triple Point Social Housing REIT Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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544.35

630.06

699.99

705.01

713.05

Triple Point Social Housing REIT Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial								699.99	716.82	705.01	703.24	713.05

Triple Point Social Housing REIT 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.

Triple Point Social Housing REIT'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 )
	=	447.617	+	265.429
	=	713.05

Triple Point Social Housing REIT'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 )
	=	447.617	+	265.429
	=	713.05

Triple Point Social Housing REIT (CHIX:SOHOl) Total Assets Explanation

Total Assets is connected with ROA %.

Triple Point Social Housing REIT's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	81.492	/	( (703.241	+	713.046)	/ 2 )
	=	81.492	/	708.1435
	=	11.51 %

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.

Triple Point Social Housing REIT's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	23.935	/	( (703.241	+	713.046)	/ 2 )
=	23.935	/	708.1435
=	0.03

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.

Triple Point Social Housing REIT Total Assets Related Terms

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Triple Point Social Housing REIT (CHIX:SOHOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Triple Point Social Housing REIT PLC (CHIX:SOHOl) » Definitions » Total Assets

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Traded in Other Exchanges

SOHO:UK

Address

1 King William Street, London, GBR, EC4N 7AF

Website

https://www.triplepointreit.com

Triple Point Social Housing REIT PLC is an investment company, which invests in UK social housing assets, in particular homes in the Supported Housing sector which have been adapted to provide care and support to vulnerable tenants. It has invested in a diverse range of investment sectors, including property, central and local government, NHS Hospital Trusts and infrastructure including lease and asset finance, and small and medium-sized businesses.

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