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Vividend Management Group (JSE:VIF) Total Assets : R2,352.8 Mil (As of Feb. 2014)


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What is Vividend Management Group Total Assets?

Vividend Management Group's Total Assets for the quarter that ended in Feb. 2014 was R2,352.8 Mil.

Total Assets is connected with ROA %. Vividend Management Group's annualized ROA % for the quarter that ended in Feb. 2014 was 1.54%. Total Assets is also linked to Revenue through Asset Turnover. Vividend Management Group's Asset Turnover for the quarter that ended in Feb. 2014 was 0.12.


Vividend Management Group Total Assets Historical Data

The historical data trend for Vividend Management Group'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.

Vividend Management Group Total Assets Chart

Vividend Management Group Annual Data
Trend Aug11 Aug12 Aug13
Total Assets
574.38 1,455.93 2,276.20

Vividend Management Group Semi-Annual Data
Feb11 Feb12 Feb13 Feb14
Total Assets 641,087.17 996.62 1,622.53 2,352.78

Vividend Management Group 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.

Vividend Management Group's Total Assets for the fiscal year that ended in Aug. 2013 is calculated as

Total Assets=Total Equity (A: Aug. 2013 )+Total Liabilities (A: Aug. 2013 )
=45.299+2230.901
=2,276.2

Vividend Management Group's Total Assets for the quarter that ended in Feb. 2014 is calculated as

Total Assets=Total Equity (Q: Feb. 2014 )+Total Liabilities (Q: Feb. 2014 )
=61.55+2291.225
=2,352.8

* 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.


Vividend Management Group  (JSE:VIF) Total Assets Explanation

Total Assets is connected with ROA %.

Vividend Management Group's annualized ROA % for the quarter that ended in Feb. 2014 is

ROA %=Net Income (Q: Feb. 2014 )/( (Total Assets (Q: Feb. 2013 )+Total Assets (Q: Feb. 2014 ))/ count )
=30.576/( (1622.53+2352.775)/ 2 )
=30.576/1987.6525
=1.54 %

Note: The Net Income data used here is one times the annual (Feb. 2014) 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.

Vividend Management Group's Asset Turnover for the quarter that ended in Feb. 2014 is

Asset Turnover
=Revenue (Q: Feb. 2014 )/( (Total Assets (Q: Feb. 2013 )+Total Assets (Q: Feb. 2014 ))/ count )
=241.588/( (1622.53+2352.775)/ 2 )
=241.588/1987.6525
=0.12

* 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.

Vividend Management Group Total Assets Related Terms

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Vividend Management Group (JSE:VIF) Business Description

Traded in Other Exchanges
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Address
Vividend Management Group was incorporated on 17 February 2010. It is a real estate investment trust ( REIT). The Company's portfolio consists of investments in assets and opportunities within the various property sectors in South Africa and abroad with primary focus on the retail, commercial, industrial and office sectors. The Company own a portfolio of 22 properties providing 223 444 square metres of retail and commercial space.

Vividend Management Group (JSE:VIF) Headlines

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