Mitsubishi Estate Logistics REIT Investment (TSE:3481) Total Assets : 円271,358 Mil (As of Aug. 2023)

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What is Mitsubishi Estate Logistics REIT Investment Total Assets?

Mitsubishi Estate Logistics REIT Investment's Total Assets for the quarter that ended in Aug. 2023 was 円271,358 Mil.

Warning Sign:

If a company builds assets at 32.1% a year, faster than its revenue growth rate of 8.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Mitsubishi Estate Logistics REIT Investment's average Total Assets Growth Rate was 19.20% per year. During the past 3 years, the average Total Assets Growth Rate was 31.60% per year. During the past 5 years, the average Total Assets Growth Rate was 32.10% per year.

During the past 7 years, Mitsubishi Estate Logistics REIT Investment's highest 3-Year average Total Assets Growth Rate was 170.40%. The lowest was 31.60%. And the median was 35.80%.

Total Assets is connected with ROA %. Mitsubishi Estate Logistics REIT Investment's annualized ROA % for the quarter that ended in Aug. 2023 was 2.58%. Total Assets is also linked to Revenue through Asset Turnover. Mitsubishi Estate Logistics REIT Investment's Asset Turnover for the quarter that ended in Aug. 2023 was 0.03.

Mitsubishi Estate Logistics REIT Investment Total Assets Historical Data

The historical data trend for Mitsubishi Estate Logistics REIT Investment'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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Mitsubishi Estate Logistics REIT Investment Total Assets Chart

Mitsubishi Estate Logistics REIT Investment Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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88,457.67

120,476.78

181,206.34

228,173.61

271,357.62

Mitsubishi Estate Logistics REIT Investment Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Assets	Get a 7-Day Free Trial									180,403.72	228,173.61	273,063.38	271,357.62	-

Mitsubishi Estate Logistics REIT Investment 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.

Mitsubishi Estate Logistics REIT Investment's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	159869.277	+	111488.347
	=	271,358

Mitsubishi Estate Logistics REIT Investment's Total Assets for the quarter that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2023 )	+	Total Liabilities (Q: Aug. 2023 )
	=	159869.277	+	111488.347
	=	271,358

Mitsubishi Estate Logistics REIT Investment (TSE:3481) Total Assets Explanation

Total Assets is connected with ROA %.

Mitsubishi Estate Logistics REIT Investment's annualized ROA % for the quarter that ended in Aug. 2023 is

ROA %	=	Net Income (Q: Aug. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
	=	7013.64	/	( (273063.384	+	271357.624)	/ 2 )
	=	7013.64	/	272210.504
	=	2.58 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2023) 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.

Mitsubishi Estate Logistics REIT Investment's Asset Turnover for the quarter that ended in Aug. 2023 is

	Asset Turnover
=	Revenue (Q: Aug. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: Aug. 2023 ))	/ count )
=	7510.976	/	( (273063.384	+	271357.624)	/ 2 )
=	7510.976	/	272210.504
=	0.03

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.

Mitsubishi Estate Logistics REIT Investment Total Assets Related Terms

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Mitsubishi Estate Logistics REIT Investment (TSE:3481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mitsubishi Estate Logistics REIT Investment Corp (TSE:3481) » Definitions » Total Assets

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Address

2-5-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

https://mel-reit.co.jp

Mitsubishi Estate Logistics REIT Investment Corp operates as a real estate investment trust with logistics facilities as its main investment target. Its portfolio consists of eight properties mainly located in Tokyo metropolitan area.

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