Growthpoint Properties (JSE:GRT) Total Assets : R165,737 Mil (As of Jun. 2024)

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What is Growthpoint Properties Total Assets?

Growthpoint Properties's Total Assets for the quarter that ended in Jun. 2024 was R165,737 Mil.

During the past 12 months, Growthpoint Properties's average Total Assets Growth Rate was -2.80% per year. During the past 3 years, the average Total Assets Growth Rate was 2.60% per year. During the past 5 years, the average Total Assets Growth Rate was 2.50% per year. During the past 10 years, the average Total Assets Growth Rate was 6.40% per year.

During the past 13 years, Growthpoint Properties's highest 3-Year average Total Assets Growth Rate was 47.10%. The lowest was 0.50%. And the median was 16.50%.

Total Assets is connected with ROA %. Growthpoint Properties's annualized ROA % for the quarter that ended in Jun. 2024 was 1.33%. Total Assets is also linked to Revenue through Asset Turnover. Growthpoint Properties's Asset Turnover for the quarter that ended in Jun. 2024 was 0.04.

Growthpoint Properties Total Assets Historical Data

The historical data trend for Growthpoint Properties'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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Growthpoint Properties Total Assets Chart

Growthpoint Properties Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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168,499.00

154,455.00

164,729.00

171,976.00

165,737.00

Growthpoint Properties Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															164,729.00	168,167.00	171,976.00	169,308.00	165,737.00

Growthpoint Properties 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.

Growthpoint Properties's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	85068	+	80669
	=	165,737

Growthpoint Properties'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 )
	=	85068	+	80669
	=	165,737

Growthpoint Properties (JSE:GRT) Total Assets Explanation

Total Assets is connected with ROA %.

Growthpoint Properties's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	2224	/	( (169308	+	165737)	/ 2 )
	=	2224	/	167522.5
	=	1.33 %

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

Growthpoint Properties's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	7280	/	( (169308	+	165737)	/ 2 )
=	7280	/	167522.5
=	0.04

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.

Growthpoint Properties Total Assets Related Terms

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Growthpoint Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Growthpoint Properties Ltd (JSE:GRT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

G5JA:Germany

Address

The Place, 1 Sandton Drive, Sandton, GT, ZAF, 2196

Website

https://www.growthpoint.co.za

Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.

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