Newmark Property REIT (ASX:NPR) Total Assets : A$581.55 Mil (As of Dec. 2023)

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What is Newmark Property REIT Total Assets?

Newmark Property REIT's Total Assets for the quarter that ended in Dec. 2023 was A$581.55 Mil.

During the past 12 months, Newmark Property REIT's average Total Assets Growth Rate was 2.30% per year.

Total Assets is connected with ROA %. Newmark Property REIT's annualized ROA % for the quarter that ended in Dec. 2023 was -8.80%. Total Assets is also linked to Revenue through Asset Turnover. Newmark Property REIT's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Newmark Property REIT Total Assets Historical Data

The historical data trend for Newmark Property REIT'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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Newmark Property REIT Total Assets Chart

Newmark Property REIT Annual Data

Trend

Jun22

Jun23

Total Assets

498.08

555.94

Newmark Property REIT Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	456.99	498.08	570.61	555.94	581.55

Newmark Property REIT 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.

Newmark Property REIT's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	329.841	+	226.102
	=	555.94

Newmark Property REIT's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	298.051	+	283.499
	=	581.55

Newmark Property REIT (ASX:NPR) Total Assets Explanation

Total Assets is connected with ROA %.

Newmark Property REIT's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-50.064	/	( (555.943	+	581.55)	/ 2 )
	=	-50.064	/	568.7465
	=	-8.80 %

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

Newmark Property REIT's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	17.394	/	( (555.943	+	581.55)	/ 2 )
=	17.394	/	568.7465
=	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.

Newmark Property REIT Total Assets Related Terms

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Newmark Property REIT (ASX:NPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Newmark Property REIT (ASX:NPR) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

644 Chapel Street, Como Centre, Level 17, South Yarra, Yarra, VIC, AUS, 3141

Website

https://www.newmarkcapital.com.au

Newmark Property REIT is a real estate investment trust. It offers investors access to Australian hardware and large-format retail properties. The group receives the majority of its revenue through rental income.

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