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LTC Properties (LTS:0JSP) Total Assets : $1,855.1 Mil (As of Dec. 2023)


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What is LTC Properties Total Assets?

LTC Properties's Total Assets for the quarter that ended in Dec. 2023 was $1,855.1 Mil.

During the past 12 months, LTC Properties's average Total Assets Growth Rate was 11.50% per year. During the past 3 years, the average Total Assets Growth Rate was 8.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.70% per year. During the past 10 years, the average Total Assets Growth Rate was 5.90% per year.

During the past 13 years, LTC Properties's highest 3-Year average Total Assets Growth Rate was 88.00%. The lowest was -6.50%. And the median was 6.20%.

Total Assets is connected with ROA %. LTC Properties's annualized ROA % for the quarter that ended in Dec. 2023 was 6.07%. Total Assets is also linked to Revenue through Asset Turnover. LTC Properties's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.


LTC Properties Total Assets Historical Data

The historical data trend for LTC Properties'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.

LTC Properties Total Assets Chart

LTC Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,514.21 1,459.49 1,504.83 1,656.10 1,855.10

LTC Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,656.10 1,798.86 1,858.24 1,867.86 1,855.10

LTC Properties 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.

LTC Properties'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 )
=916.267+938.831
=1,855.1

LTC Properties'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 )
=916.267+938.831
=1,855.1

* 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.


LTC Properties  (LTS:0JSP) Total Assets Explanation

Total Assets is connected with ROA %.

LTC Properties's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=112.92/( (1867.863+1855.098)/ 2 )
=112.92/1861.4805
=6.07 %

Note: The Net Income data used here is four times the quarterly (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.

LTC Properties's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=50.195/( (1867.863+1855.098)/ 2 )
=50.195/1861.4805
=0.03

* 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.

LTC Properties Total Assets Related Terms

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LTC Properties (LTS:0JSP) Business Description

Traded in Other Exchanges
Address
2829 Townsgate Road, Suite 350, Westlake Village, CA, USA, 91361
LTC Properties Inc is a healthcare facility real estate investment trust. The company operates one segment that works to invest in healthcare facilities through mortgage loans, property lease transactions, and other investments. LTC generates all of its revenue in the United States. LTC is an active capital provider in the seniors housing and healthcare real estate industry. The company has been actively engaged with its operating partners to create a growing pipeline of projects.

LTC Properties (LTS:0JSP) Headlines

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