Property For Industry's Total Assets for the quarter that ended in Jun. 2024 was NZ$2,086.1 Mil.
Warning Sign:
If a company builds assets at 13.2% a year, faster than its revenue growth rate of 6.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Property For Industry's average Total Assets Growth Rate was -0.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.80% per year.
During the past 13 years, Property For Industry's highest 3-Year average Total Assets Growth Rate was 38.70%. The lowest was -2.40%. And the median was 10.70%.
Property For Industry Total Assets Historical Data
The historical data trend for Property For Industry'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.
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.
Property For Industry's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Property For Industry (NZSE:PFI) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Jun. 2024) 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.
Property For Industry's Asset Turnover for the quarter that ended in Jun. 2024 is
* 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.
Property For Industry Total Assets Related Terms
Thank you for viewing the detailed overview of Property For Industry's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Property For Industry Ltd is a New Zealand-based industrial property investment company. The company's portfolio is predominantly composed of industrial properties. The company's investment properties are solely located in New Zealand, with the majority in Auckland and the remaining in other New Zealand cities. Its tenants encompass large enterprises such as Fisher and Paykel Appliances, Fletcher Building Products, Brambles, and Cottonsoft among others. Rental and management fee income represents nearly all of its operating revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NZSE:PFI has been successfully added to your 