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First Potomac Realty Trust (First Potomac Realty Trust) Total Assets : $1,200.49 Mil (As of Jun. 2017)


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What is First Potomac Realty Trust Total Assets?

First Potomac Realty Trust's Total Assets for the quarter that ended in Jun. 2017 was $1,200.49 Mil.

During the past 12 months, First Potomac Realty Trust's average Total Assets Growth Rate was -9.20% per year. During the past 3 years, the average Total Assets Growth Rate was -5.90% per year. During the past 5 years, the average Total Assets Growth Rate was -5.80% per year. During the past 10 years, the average Total Assets Growth Rate was 4.40% per year.

During the past 13 years, First Potomac Realty Trust's highest 3-Year average Total Assets Growth Rate was 91.80%. The lowest was -5.90%. And the median was 13.50%.

Total Assets is connected with ROA %. First Potomac Realty Trust's annualized ROA % for the quarter that ended in Jun. 2017 was -0.90%. Total Assets is also linked to Revenue through Asset Turnover. First Potomac Realty Trust's Asset Turnover for the quarter that ended in Jun. 2017 was 0.03.


First Potomac Realty Trust Total Assets Historical Data

The historical data trend for First Potomac Realty Trust'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.

First Potomac Realty Trust Total Assets Chart

First Potomac Realty Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,717.75 1,502.46 1,618.46 1,442.41 1,260.25

First Potomac Realty Trust Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 1,320.05 1,270.67 1,260.25 1,204.00 1,200.49

First Potomac Realty Trust 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.

First Potomac Realty Trust's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=436.383+823.864
=1,260.25

First Potomac Realty Trust's Total Assets for the quarter that ended in Jun. 2017 is calculated as

Total Assets=Total Equity (Q: Jun. 2017 )+Total Liabilities (Q: Jun. 2017 )
=468.326+732.168
=1,200.49

* 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.


First Potomac Realty Trust  (NYSE:FPOpA_CL.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

First Potomac Realty Trust's annualized ROA % for the quarter that ended in Jun. 2017 is

ROA %=Net Income (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=-10.82/( (1203.997+1200.494)/ 2 )
=-10.82/1202.2455
=-0.90 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

First Potomac Realty Trust's Asset Turnover for the quarter that ended in Jun. 2017 is

Asset Turnover
=Revenue (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=35.388/( (1203.997+1200.494)/ 2 )
=35.388/1202.2455
=0.03

* 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.

First Potomac Realty Trust Total Assets Related Terms

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First Potomac Realty Trust (First Potomac Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
First Potomac Realty Trust is a real estate investment trust engaged in the ownership, management, and development of commercial properties in the greater Washington D.C. area. The company's real estate portfolio is primarily composed of a mix of single-tenant and multi-tenant office properties and business parks. These assets are fairly evenly distributed between the Washington D.C., Maryland, Northern Virginia, and Southern Virginia regions in terms of square footage. First Potomac derives the vast majority of its revenue in the form of rental income from tenants. Most of this revenue comes from its properties located in Maryland and Northern Virginia. The company's largest tenants are U.S. government entities and government contractors.
Executives
Andrew P Blocher officer: EVP, CFO 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Thomas E Robinson other: Trustee 309 GARRISON FOREST ROAD, OWNINGS MILLS MD 21117
James P Hoffmann other: Trustee FIRST POTOMAC REALTY TRUST, 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Terry L Stevens other: Trustee 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michael H Comer officer: SVP, CAO FIRST POTOMAC REALTY TRUST, 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Robert H Arnold other: Trustee 129 E.69TH ST., NEW YORK NY 10021
Robert Milkovich officer: President, CEO and COO 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Samantha Sacks Gallagher officer: EVP and General Counsel C/O VICI PROPERTIES INC., 535 MADISON AVE 20TH FL, NEW YORK NY 10022
Kati M. Penney other: Trustee C/O FIRST POTOMAC REALTY TRUST, 7600 WISCONSIN AVE, 11TH FLOOR, BETHESDA MD 20814
First Potomac Realty Trust other: Trustee 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Joel F Bonder officer: Executive VP, GC & Secretary FIRST POTOMAC REALTY TRUST, 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814
Timothy M Zulick officer: Senior Vice President FIRST POTOMAC REALTY TRUST, 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA X1 20814
Richard B Chess director 3821 DARBY DR, MIDLOTHIAN VA 23113
R Michael Mccullough director 8270 GREENSBORO DR STE 950, MCLEAN VA 22102
Heller J Roderick Iii director C/O FIRST POTOMAC REALTY TRUST, 7600 WISCONSIN AVENUE, 11TH FLOOR, BETHESDA MD 20814

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