REA Group's Total Assets for the quarter that ended in Dec. 2023 was A$2,678 Mil.
During the past 12 months, REA Group's average Total Assets Growth Rate was -0.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 11.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 27.80% per year.
During the past 13 years, REA Group's highest 3-Year average Total Assets Growth Rate was 305.80%. The lowest was -17.30%. And the median was 26.65%.
Total Assets is connected with ROA %. REA Group's annualizedROA % for the quarter that ended in Dec. 2023 was 9.61%. Total Assets is also linked to Revenue through Asset Turnover. REA Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.32.
REA Group Total Assets Historical Data
The historical data trend for REA Group'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.
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.
REA Group's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
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.
REA Group's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
REA Group Total Assets Related Terms
Thank you for viewing the detailed overview of REA Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
REA Group is a technology company operating in the real estate sector. REA Group's primary business is a online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around three times the size of number two, www.domain.com.au, owned by Domain Group. REA Group is majority-owned by News Corp (ASX:NWS), while Domain is majority-owned by rival media company Nine Entertainment (ASX:NEC). REA Group's other businesses include adjacent markets and services, and investments in online listings platforms in Asia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:REA has been successfully added to your 