Ground Rentsome Fund (LSE:GRIO) Total Assets : £112.24 Mil (As of Sep. 2022)

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What is Ground Rentsome Fund Total Assets?

Ground Rentsome Fund's Total Assets for the quarter that ended in Sep. 2022 was £112.24 Mil.

Total Assets is connected with ROA %. Ground Rentsome Fund's annualized ROA % for the quarter that ended in Sep. 2022 was 0.73%. Total Assets is also linked to Revenue through Asset Turnover. Ground Rentsome Fund's Asset Turnover for the quarter that ended in Sep. 2022 was 0.01.

Ground Rentsome Fund Total Assets Historical Data

The historical data trend for Ground Rentsome Fund'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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Ground Rentsome Fund Total Assets Chart

Ground Rentsome Fund Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Total Assets

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134.97

130.14

128.49

122.34

112.24

Ground Rentsome Fund Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Total Assets	Get a 7-Day Free Trial								128.49	127.72	122.34	114.01	112.24

Ground Rentsome Fund 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.

Ground Rentsome Fund's Total Assets for the fiscal year that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (A: Sep. 2022 )	+	Total Liabilities (A: Sep. 2022 )
	=	88.522	+	23.713
	=	112.24

Ground Rentsome Fund's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	88.522	+	23.713
	=	112.24

Ground Rentsome Fund (LSE:GRIO) Total Assets Explanation

Total Assets is connected with ROA %.

Ground Rentsome Fund's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	0.824	/	( (114.009	+	112.235)	/ 2 )
	=	0.824	/	113.122
	=	0.73 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2022) 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.

Ground Rentsome Fund's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	1.174	/	( (114.009	+	112.235)	/ 2 )
=	1.174	/	113.122
=	0.01

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.

Ground Rentsome Fund Total Assets Related Terms

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Ground Rentsome Fund (LSE:GRIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ground Rents Income Fund PLC (LSE:GRIO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 London Wall Place, London, GBR, EC2Y 5AU

Website

http://www.groundrentsincomefund.com

Ground Rents Income Fund PLC is a closed-ended real estate investment trust. It is involved in ground rents which include freeholds and leaseholds of residential, retail, and commercial. Its investment objective is to provide secure long-term performance through investment in long-dated UK ground rents, which have historically had little correlation to traditional property asset classes and have seen their value remain consistent regardless of the underlying state of the economy. It also offers a commission on insurance policies. The majority of the revenue is earned by the income received from the ground rent.

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