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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Total Assets : $6,428 Mil (As of Jun. 2019)


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What is Millenniumpthorne Hotels Total Assets?

Millenniumpthorne Hotels's Total Assets for the quarter that ended in Jun. 2019 was $6,428 Mil.

Total Assets is connected with ROA %. Millenniumpthorne Hotels's annualized ROA % for the quarter that ended in Jun. 2019 was 1.65%. Total Assets is also linked to Revenue through Asset Turnover. Millenniumpthorne Hotels's Asset Turnover for the quarter that ended in Jun. 2019 was 0.05.


Millenniumpthorne Hotels Total Assets Historical Data

The historical data trend for Millenniumpthorne Hotels'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.

Millenniumpthorne Hotels Total Assets Chart

Millenniumpthorne Hotels Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,485.13 6,017.96 5,906.37 6,320.38 6,232.91

Millenniumpthorne Hotels Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 6,300.53 6,200.00 6,232.91 6,480.90 6,428.39

Millenniumpthorne Hotels 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.

Millenniumpthorne Hotels's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=4256.962+1975.949
=6,233

Millenniumpthorne Hotels's Total Assets for the quarter that ended in Jun. 2019 is calculated as

Total Assets=Total Equity (Q: Jun. 2019 )+Total Liabilities (Q: Jun. 2019 )
=4280.101+2148.289
=6,428

* 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.


Millenniumpthorne Hotels  (OTCPK:MLCTF) Total Assets Explanation

Total Assets is connected with ROA %.

Millenniumpthorne Hotels's annualized ROA % for the quarter that ended in Jun. 2019 is

ROA %=Net Income (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=106.464/( (6480.896+6428.39)/ 2 )
=106.464/6454.643
=1.65 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) 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.

Millenniumpthorne Hotels's Asset Turnover for the quarter that ended in Jun. 2019 is

Asset Turnover
=Revenue (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=325.729/( (6480.896+6428.39)/ 2 )
=325.729/6454.643
=0.05

* 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.

Millenniumpthorne Hotels Total Assets Related Terms

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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Traded in Other Exchanges
N/A
Address
Scarsdale Place, Kensington, London, GBR, W8 5SR
Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

From GuruFocus

Value Investing With Millennium & Copthorne Pays Off

By Holmes Osborne, CFA Holmes Osborne, CFA 06-13-2019