GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Diversified Royalty Corp (TSX:DIV) » Definitions » Total Assets

Diversified Royalty (TSX:DIV) Total Assets : C$578.61 Mil (As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Diversified Royalty Total Assets?

Diversified Royalty's Total Assets for the quarter that ended in Sep. 2024 was C$578.61 Mil.

Warning Sign:

If a company builds assets at 15.9% a year, faster than its revenue growth rate of 9.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Diversified Royalty's average Total Assets Growth Rate was 22.90% per year. During the past 3 years, the average Total Assets Growth Rate was 17.30% per year. During the past 5 years, the average Total Assets Growth Rate was 15.90% per year. During the past 10 years, the average Total Assets Growth Rate was 47.10% per year.

During the past 13 years, Diversified Royalty's highest 3-Year average Total Assets Growth Rate was 586.40%. The lowest was -66.40%. And the median was 17.30%.

Total Assets is connected with ROA %. Diversified Royalty's annualized ROA % for the quarter that ended in Sep. 2024 was 4.77%. Total Assets is also linked to Revenue through Asset Turnover. Diversified Royalty's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.

Diversified Royalty Total Assets Historical Data

The historical data trend for Diversified Royalty'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.

Diversified Royalty Total Assets Chart

Diversified Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 345.27 358.40 380.76 458.45 567.35

Diversified Royalty Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 466.59 567.35 569.71 577.48 578.61

Diversified Royalty 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.

Diversified Royalty'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 )
=237.404+329.947
=567.35

Diversified Royalty's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=287.898+290.715
=578.61

* 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.

Diversified Royalty  (TSX:DIV) Total Assets Explanation

Total Assets is connected with ROA %.

Diversified Royalty's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=27.548/( (577.477+578.613)/ 2 )
=27.548/578.045
=4.77 %

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

Diversified Royalty's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=16.097/( (577.477+578.613)/ 2 )
=16.097/578.045
=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.

Diversified Royalty Total Assets Related Terms

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

Diversified Royalty Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Diversified Royalty Corp (TSX:DIV) » Definitions » Total Assets
Comparable Companies
TSXV:DE TSXV:SIQ.H TSXV:SN.H ADX:IHC HON TSE:6501 TSE:8001 MMM TSE:8058 TSE:8031 HKSE:00267 ADX:ALPHADHABI TSE:8002 TSE:8053 TSE:4901 HKSE:00001 BSP:ITSA3 TSE:8015 MIL:PST IST:KCHOL
Traded in Other Exchanges
BEVFF:USA BEW:Germany BEW:Germany
Address
609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Website
https://www.diversifiedroyaltycorp.com
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. As a part of the investment, the firm always purchases trademarks of the companies it is going to acquire. Its objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.
Executives
Bryan Christopher Elwin Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Lawrence P. Haber Director, Senior Officer
George Melville Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Johnny Ciampi Director
Lance Tracey Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Maxam Capital Management Ltd. 10% Security Holder