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Downing Renewables & Infrastructure Trust (LSE:DORE) Total Assets : £214.15 Mil (As of Dec. 2023)


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What is Downing Renewables & Infrastructure Trust Total Assets?

Downing Renewables & Infrastructure Trust's Total Assets for the quarter that ended in Dec. 2023 was £214.15 Mil.

During the past 12 months, Downing Renewables & Infrastructure Trust's average Total Assets Growth Rate was 7.60% per year.

Total Assets is connected with ROA %. Downing Renewables & Infrastructure Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 2.93%. Total Assets is also linked to Revenue through Asset Turnover. Downing Renewables & Infrastructure Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.


Downing Renewables & Infrastructure Trust Total Assets Historical Data

The historical data trend for Downing Renewables & Infrastructure 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.

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Downing Renewables & Infrastructure Trust Total Assets Chart

Downing Renewables & Infrastructure Trust Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
143.04 220.76 214.15

Downing Renewables & Infrastructure Trust Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets 143.04 215.96 220.76 217.74 214.15

Downing Renewables & Infrastructure 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.

Downing Renewables & Infrastructure Trust'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 )
=212.062+2.083
=214.15

Downing Renewables & Infrastructure Trust's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=212.062+2.083
=214.15

* 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.


Downing Renewables & Infrastructure Trust  (LSE:DORE) Total Assets Explanation

Total Assets is connected with ROA %.

Downing Renewables & Infrastructure Trust's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=6.336/( (217.74+214.145)/ 2 )
=6.336/215.9425
=2.93 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Downing Renewables & Infrastructure Trust's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=3.324/( (217.74+214.145)/ 2 )
=3.324/215.9425
=0.02

* 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.

Downing Renewables & Infrastructure Trust Total Assets Related Terms

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Downing Renewables & Infrastructure Trust (LSE:DORE) Business Description

Traded in Other Exchanges
N/A
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Downing Renewables & Infrastructure Trust PLC is an asset management company. The company's investment objective is to provide investors with an attractive and sustainable level of income returns, with an element of capital growth, by investing in a diversified portfolio of renewable energy and infrastructure assets in the UK, Ireland and Northern Europe.

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