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Healthpeak Properties (Healthpeak Properties) Asset Turnover : 0.03 (As of Mar. 2024)


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What is Healthpeak Properties Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Healthpeak Properties's Revenue for the three months ended in Mar. 2024 was $601 Mil. Healthpeak Properties's Total Assets for the quarter that ended in Mar. 2024 was $18,120 Mil. Therefore, Healthpeak Properties's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Asset Turnover is linked to ROE % through Du Pont Formula. Healthpeak Properties's annualized ROE % for the quarter that ended in Mar. 2024 was 0.35%. It is also linked to ROA % through Du Pont Formula. Healthpeak Properties's annualized ROA % for the quarter that ended in Mar. 2024 was 0.15%.


Healthpeak Properties Asset Turnover Historical Data

The historical data trend for Healthpeak Properties's Asset Turnover 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.

Healthpeak Properties Asset Turnover Chart

Healthpeak Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.11 0.12 0.13 0.14

Healthpeak Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover 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 0.03 0.04 0.04 0.04 0.03

Competitive Comparison of Healthpeak Properties's Asset Turnover

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Healthpeak Properties's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Healthpeak Properties's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Healthpeak Properties's Asset Turnover falls into.



Healthpeak Properties Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Healthpeak Properties's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2181.003/( (15771.229+15698.85)/ 2 )
=2181.003/15735.0395
=0.14

Healthpeak Properties's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=600.809/( (15698.85+20542.04)/ 2 )
=600.809/18120.445
=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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Healthpeak Properties  (NYSE:DOC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Healthpeak Properties's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=26.704/7616.0295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.704 / 2403.236)*(2403.236 / 18120.445)*(18120.445/ 7616.0295)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.11 %*0.1326*2.3793
=ROA %*Equity Multiplier
=0.15 %*2.3793
=0.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Healthpeak Properties's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=26.704/18120.445
=(Net Income / Revenue)*(Revenue / Total Assets)
=(26.704 / 2403.236)*(2403.236 / 18120.445)
=Net Margin %*Asset Turnover
=1.11 %*0.1326
=0.15 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Healthpeak Properties Asset Turnover Related Terms

Thank you for viewing the detailed overview of Healthpeak Properties's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Healthpeak Properties (Healthpeak Properties) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.
Executives
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
James B. Connor director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Thomas Klaritch officer: Executive Vice President 3760 KILROY AIRPORT WAY, LONG BEACH CA 90806
Scott M Brinker officer: EVP and CIO 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
Christine Garvey director 14100 E 35TH PLACE, AURORA CO 80011
Ankit B. Patadia officer: EVP and Treasurer 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Adam G Mabry officer: CIO 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Scott R Bohn officer: EVP, Co-Head of Life Science 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Lisa A Alonso officer: EVP and Chief HR Officer 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Jeffrey H Miller officer: EVP - Senior Housing WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Thomas M Herzog director, officer: President and CEO 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Glenn T Preston officer: SVP and SMD 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614