Global Medical REIT (FRA:3UN) Total Assets : €1,153.1 Mil (As of Jun. 2024)

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What is Global Medical REIT Total Assets?

Global Medical REIT's Total Assets for the quarter that ended in Jun. 2024 was €1,153.1 Mil.

During the past 12 months, Global Medical REIT's average Total Assets Growth Rate was -6.20% per year. During the past 3 years, the average Total Assets Growth Rate was 5.00% per year. During the past 5 years, the average Total Assets Growth Rate was 15.30% per year.

During the past 13 years, Global Medical REIT's highest 3-Year average Total Assets Growth Rate was 1302.80%. The lowest was 5.00%. And the median was 47.45%.

Total Assets is connected with ROA %. Global Medical REIT's annualized ROA % for the quarter that ended in Jun. 2024 was -0.54%. Total Assets is also linked to Revenue through Asset Turnover. Global Medical REIT's Asset Turnover for the quarter that ended in Jun. 2024 was 0.03.

Global Medical REIT Total Assets Historical Data

The historical data trend for Global Medical 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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Global Medical REIT Total Assets Chart

Global Medical REIT Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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796.44

904.95

1,118.18

1,315.24

1,162.48

Global Medical REIT Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															1,219.10	1,220.46	1,162.48	1,162.49	1,153.09

Global Medical 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.

Global Medical 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 )
	=	555.531	+	606.95
	=	1,162.5

Global Medical REIT's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	537.308	+	615.781
	=	1,153.1

Global Medical REIT (FRA:3UN) Total Assets Explanation

Total Assets is connected with ROA %.

Global Medical REIT's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-6.288	/	( (1162.494	+	1153.089)	/ 2 )
	=	-6.288	/	1157.7915
	=	-0.54 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) 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.

Global Medical REIT's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	31.785	/	( (1162.494	+	1153.089)	/ 2 )
=	31.785	/	1157.7915
=	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.

Global Medical REIT Total Assets Related Terms

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Global Medical REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global Medical REIT Inc (FRA:3UN) » Definitions » Total Assets

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Traded in Other Exchanges

GMREpA.PFD:USA GMRE:USA 3UN:Germany

Address

7373 Wisconsin Avenue, Suite 800, Bethesda, MD, USA, 20814

Website

https://www.globalmedicalreit.com

Global Medical REIT Inc is a Maryland corporation engaged primarily in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to strong healthcare systems and physician groups. Its healthcare facilities are located in secondary markets and suburbs of primary markets and are typically leased to single-tenants under triple-net leases. Its tenants are physician groups, regional or national healthcare systems or combinations thereof. The company's principal business objective is to provide attractive, risk-adjusted returns to its stockholders through a combination of reliable dividends and long-term capital appreciation.

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