Safestore Holdings (LSE:SAFE) Total Assets : £2,956.9 Mil (As of Oct. 2023)

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What is Safestore Holdings Total Assets?

Safestore Holdings's Total Assets for the quarter that ended in Oct. 2023 was £2,956.9 Mil.

Warning Sign:

If a company builds assets at 19.2% a year, faster than its revenue growth rate of 9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Safestore Holdings's average Total Assets Growth Rate was 9.40% per year. During the past 3 years, the average Total Assets Growth Rate was 20.50% per year. During the past 5 years, the average Total Assets Growth Rate was 19.20% per year. During the past 10 years, the average Total Assets Growth Rate was 14.80% per year.

During the past 13 years, Safestore Holdings's highest 3-Year average Total Assets Growth Rate was 23.20%. The lowest was -1.20%. And the median was 10.95%.

Total Assets is connected with ROA %. Safestore Holdings's annualized ROA % for the quarter that ended in Oct. 2023 was 7.41%. Total Assets is also linked to Revenue through Asset Turnover. Safestore Holdings's Asset Turnover for the quarter that ended in Oct. 2023 was 0.04.

Safestore Holdings Total Assets Historical Data

The historical data trend for Safestore Holdings'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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Safestore Holdings Total Assets Chart

Safestore Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

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1,471.00

1,701.10

2,117.30

2,707.50

2,956.90

Safestore Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial															2,117.30	2,498.10	2,707.50	2,839.90	2,956.90

Safestore Holdings 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.

Safestore Holdings's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	1935.1	+	1021.8
	=	2,956.9

Safestore Holdings's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	1935.1	+	1021.8
	=	2,956.9

Safestore Holdings (LSE:SAFE) Total Assets Explanation

Total Assets is connected with ROA %.

Safestore Holdings's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	214.8	/	( (2839.9	+	2956.9)	/ 2 )
	=	214.8	/	2898.4
	=	7.41 %

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

Safestore Holdings's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	114.1	/	( (2839.9	+	2956.9)	/ 2 )
=	114.1	/	2898.4
=	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.

Safestore Holdings Total Assets Related Terms

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Safestore Holdings (LSE:SAFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Safestore Holdings PLC (LSE:SAFE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SFSHF:USA SAFEl:UK IHF:Germany

Address

Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT

Website

https://www.safestore.co.uk

Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.