Spear REIT (JSE:SEA) Total Assets : R4,678.4 Mil (As of Feb. 2024)

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What is Spear REIT Total Assets?

Spear REIT's Total Assets for the quarter that ended in Feb. 2024 was R4,678.4 Mil.

During the past 12 months, Spear REIT's average Total Assets Growth Rate was 9.80% per year. During the past 3 years, the average Total Assets Growth Rate was 0.70% per year. During the past 5 years, the average Total Assets Growth Rate was 2.40% per year.

During the past 8 years, Spear REIT's highest 3-Year average Total Assets Growth Rate was 42.40%. The lowest was -0.30%. And the median was 4.90%.

Total Assets is connected with ROA %. Spear REIT's annualized ROA % for the quarter that ended in Feb. 2024 was 10.74%. Total Assets is also linked to Revenue through Asset Turnover. Spear REIT's Asset Turnover for the quarter that ended in Feb. 2024 was 0.07.

Spear REIT Total Assets Historical Data

The historical data trend for Spear 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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Spear REIT Total Assets Chart

Spear REIT Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Assets

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4,301.97

4,583.89

4,530.47

4,256.71

4,678.42

Spear REIT Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Assets	Get a 7-Day Free Trial										4,530.47	4,540.86	4,256.71	4,509.62	4,678.42

Spear 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.

Spear REIT's Total Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (A: Feb. 2024 )	+	Total Liabilities (A: Feb. 2024 )
	=	3081.157	+	1597.265
	=	4,678.4

Spear REIT's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	3081.157	+	1597.265
	=	4,678.4

Spear REIT (JSE:SEA) Total Assets Explanation

Total Assets is connected with ROA %.

Spear REIT's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	493.492	/	( (4509.616	+	4678.422)	/ 2 )
	=	493.492	/	4594.019
	=	10.74 %

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

Spear REIT's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	322.194	/	( (4509.616	+	4678.422)	/ 2 )
=	322.194	/	4594.019
=	0.07

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.

Spear REIT Total Assets Related Terms

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Spear REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spear REIT Ltd (JSE:SEA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001

Website

https://www.spearprop.co.za

Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT Headlines

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