GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Public Property Invest ASA (STU:6SO) » Definitions » Total Assets

Public Property Invest ASA (STU:6SO) Total Assets : €965.20 Mil (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Public Property Invest ASA Total Assets?

Public Property Invest ASA's Total Assets for the quarter that ended in Jun. 2024 was €965.20 Mil.

During the past 12 months, Public Property Invest ASA's average Total Assets Growth Rate was -1.80% per year.

Total Assets is connected with ROA %. Public Property Invest ASA's annualized ROA % for the quarter that ended in Jun. 2024 was -4.62%. Total Assets is also linked to Revenue through Asset Turnover. Public Property Invest ASA's Asset Turnover for the quarter that ended in Jun. 2024 was 0.03.

Public Property Invest ASA Total Assets Historical Data

The historical data trend for Public Property Invest ASA'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.

Public Property Invest ASA Total Assets Chart

Public Property Invest ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
- 884.50 925.93 740.77

Public Property Invest ASA Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial 1,069.43 925.93 882.74 740.77 965.20

Public Property Invest ASA 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.

Public Property Invest ASA'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 )
=247.734+493.035
=740.77

Public Property Invest ASA's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=466.977+498.219
=965.20

* 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.

Public Property Invest ASA  (STU:6SO) Total Assets Explanation

Total Assets is connected with ROA %.

Public Property Invest ASA's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-39.382/( (740.77+965.196)/ 2 )
=-39.382/852.983
=-4.62 %

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.

Public Property Invest ASA's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=27.304/( (740.77+965.196)/ 2 )
=27.304/852.983
=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.

Public Property Invest ASA Total Assets Related Terms

Thank you for viewing the detailed overview of Public Property Invest ASA's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Public Property Invest ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Public Property Invest ASA (STU:6SO) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
PUBLI:Norway
Address
Haakon VIIs gate 5, Oslo, NOR, 0161
Website
https://www.publicproperty.no
Public Property Invest ASA is a real estate company focusing on acquiring and managing properties in Norway through its subsidiaries. The properties comprise mainly of office spaces and are primarily let to public tenants. The company has has one segment which is commercial properties.

Public Property Invest ASA Headlines

No Headlines