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Advance Residence Investment (Advance Residence Investment) Total Assets : $3,600.1 Mil (As of Jan. 2023)


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What is Advance Residence Investment Total Assets?

Advance Residence Investment's Total Assets for the quarter that ended in Jan. 2023 was $3,600.1 Mil.

Total Assets is connected with ROA %. Advance Residence Investment's annualized ROA % for the quarter that ended in Jan. 2023 was 3.54%. Total Assets is also linked to Revenue through Asset Turnover. Advance Residence Investment's Asset Turnover for the quarter that ended in Jan. 2023 was 0.04.


Advance Residence Investment Total Assets Historical Data

The historical data trend for Advance Residence 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.

* Premium members only.

Advance Residence Investment Total Assets Chart

Advance Residence Investment Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,007.22 4,060.64 - 4,289.10 4,153.99

Advance Residence Investment Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
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 4,153.99 4,005.98 3,400.64 3,600.14 -

Advance Residence 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.

Advance Residence Investment's Total Assets for the fiscal year that ended in Jul. 2021 is calculated as

Total Assets=Total Equity (A: Jul. 2021 )+Total Liabilities (A: Jul. 2021 )
=2091.307+2062.686
=4,154.0

Advance Residence Investment's Total Assets for the quarter that ended in Jan. 2023 is calculated as

Total Assets=Total Equity (Q: Jan. 2023 )+Total Liabilities (Q: Jan. 2023 )
=1773.565+1826.578
=3,600.1

* 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.


Advance Residence Investment  (OTCPK:ADZZF) Total Assets Explanation

Total Assets is connected with ROA %.

Advance Residence Investment's annualized ROA % for the quarter that ended in Jan. 2023 is

ROA %=Net Income (Q: Jan. 2023 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Jan. 2023 ))/ count )
=123.792/( (3400.643+3600.143)/ 2 )
=123.792/3500.393
=3.54 %

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

Advance Residence Investment's Asset Turnover for the quarter that ended in Jan. 2023 is

Asset Turnover
=Revenue (Q: Jan. 2023 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Jan. 2023 ))/ count )
=136.978/( (3400.643+3600.143)/ 2 )
=136.978/3500.393
=0.04

* 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.

Advance Residence Investment Total Assets Related Terms

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Advance Residence Investment (Advance Residence Investment) Business Description

Traded in Other Exchanges
Address
3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054
Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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