AFC Gamma (STU:0FG) Total Assets : €438.29 Mil (As of Mar. 2024)

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What is AFC Gamma Total Assets?

AFC Gamma's Total Assets for the quarter that ended in Mar. 2024 was €438.29 Mil.

During the past 12 months, AFC Gamma's average Total Assets Growth Rate was 7.30% per year. During the past 3 years, the average Total Assets Growth Rate was 59.90% per year.

During the past 4 years, AFC Gamma's highest 3-Year average Total Assets Growth Rate was 59.90%. The lowest was 59.90%. And the median was 59.90%.

Total Assets is connected with ROA %. AFC Gamma's annualized ROA % for the quarter that ended in Mar. 2024 was -0.05%. Total Assets is also linked to Revenue through Asset Turnover. AFC Gamma's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

AFC Gamma Total Assets Historical Data

The historical data trend for AFC Gamma'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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AFC Gamma Total Assets Chart

AFC Gamma Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

77.24

411.39

490.10

427.86

AFC Gamma Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										418.28	419.03	417.06	427.86	438.29

AFC Gamma 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.

AFC Gamma'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 )
	=	293.488	+	134.371
	=	427.86

AFC Gamma's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	285.771	+	152.522
	=	438.29

AFC Gamma (STU:0FG) Total Assets Explanation

Total Assets is connected with ROA %.

AFC Gamma's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-0.2	/	( (427.858	+	438.294)	/ 2 )
	=	-0.2	/	433.076
	=	-0.05 %

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

AFC Gamma's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	10.167	/	( (427.858	+	438.294)	/ 2 )
=	10.167	/	433.076
=	0.02

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.

AFC Gamma Total Assets Related Terms

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AFC Gamma (STU:0FG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » AFC Gamma Inc (STU:0FG) » Definitions » Total Assets

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Traded in Other Exchanges

AFCG:USA 0FG:Germany

Address

525 Okeechobee Boulevard, Suite 1650, West Palm Beach, FL, USA, 33401

Website

https://www.afcgamma.com

AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.

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