Asset Plus (NZSE:APL) Total Assets: NZ$112.96 Mil (As of Mar. 2026)

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NZSE:APL Asset Plus Ltd NZSE:APL
38 GF Score
Price NZ$0.17
GF Value NZ$0.23
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Asset Plus Total Assets?

Asset Plus NZSE:APL +1.80% 38 Total Assets is NZ$112.96 Mil as of Mar. 2026. GuruFocus rates NZSE:APL with a GF Score™ of 38/100 and a GF Value™ of NZ$0.23 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Asset Plus's Total Assets for the quarter that ended in Mar. 2026 was NZ$112.96 Mil.

During the past 12 months, Asset Plus's average Total Assets Growth Rate was -1.00% per year. During the past 3 years, the average Total Assets Growth Rate was -21.30% per year. During the past 5 years, the average Total Assets Growth Rate was -13.00% per year. During the past 10 years, the average Total Assets Growth Rate was -2.50% per year.

During the past 13 years, Asset Plus's highest 3-Year average Total Assets Growth Rate was 49.90%. The lowest was -21.40%. And the median was 2.20%.

Total Assets is connected with ROA %. Asset Plus's annualized ROA % for the quarter that ended in Mar. 2026 was -8.25%. Total Assets is also linked to Revenue through Asset Turnover. Asset Plus's Asset Turnover for the quarter that ended in Mar. 2026 was 0.03.


Asset Plus  (NZSE:APL) Total Assets Explanation

Total Assets is connected with ROA %.

Asset Plus's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=-9.54/( (118.339+112.958)/ 2 )
=-9.54/115.6485
=-8.25 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2026) 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.

Asset Plus's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=3.359/( (118.339+112.958)/ 2 )
=3.359/115.6485
=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.

Asset Plus Total Assets Related Terms


Asset Plus Total Assets Historical Data

* Premium members only.

The historical data trend for Asset Plus'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.

Asset Plus Total Assets Chart

Asset Plus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.69 229.48 190.30 118.03 112.96

Asset Plus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 190.30 190.80 118.03 118.34 112.96
NZSE:APL
38GF Score
Asset Plus Ltd NZSE:APL
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asset Plus 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.

Asset Plus's Total Assets for the fiscal year that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (A: Mar. 2026 )+Total Liabilities (A: Mar. 2026 )
=111.31+1.648
=112.96

Asset Plus's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=111.31+1.648
=112.96

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of NZ$112.96 Mil mean?
Asset Plus (NZSE:APL) has a Total Assets of NZ$112.96 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Asset Plus and its competitors.
Is Asset Plus' Total Assets too high?
Asset Plus' current Total Assets is NZ$112.96 Mil. Overall, Asset Plus has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asset Plus' Total Assets compare to VICI and WPC?
Asset Plus' Total Assets of NZ$112.96 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a REITs company?
A good Total Assets depends on the REITs industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Asset Plus and its competitors. Asset Plus's current Total Assets is NZ$112.96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asset Plus stock overvalued right now?
Based on GuruFocus' analysis, Asset Plus (NZSE:APL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$0.23, compared to a current price of NZ$0.17 — trading 26.1% below its estimated fair value. The current Total Assets is NZ$112.96 Mil. Asset Plus' overall GF Score™ is 38/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Asset Plus (NZSE:APL), the current Total Assets is NZ$112.96 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asset Plus (NZSE:APL) Overvalued in 2026?

Based on GuruFocus' analysis, Asset Plus stock appears to be undervalued. The current stock price of NZ$0.17 is trading 26.1% below its estimated GF Value™ of NZ$0.23. GuruFocus considers Asset Plus to be Modestly Undervalued.

Key valuation signals for NZSE:APL:

  • Total Assets: NZ$112.96 Mil
  • GF Value™: NZ$0.23 vs. price of NZ$0.17 (26.1% below fair value)
  • GF Score™: 38/100 with 2 warning signs

No single metric tells the full story. See the NZSE:APL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asset Plus Business Description

Industry Real EstateREITs
Address C/- Centuria Funds Management Limited, 30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010
Asset Plus Ltd is a commercial property investment company. Its principal activities include investing in commercial property in New Zealand. The company's investment portfolio consists of office properties in New Zealand including the Munroe Lane property, and the 35 Graham Street property which is currently held for sale.
38GF Score

Get the complete analysis for NZSE:APL

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$0.17
Price
NZ$0.23
GF Value