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Accelerate Property Fund (JSE:APF) Total Assets : R10,228.5 Mil (As of Sep. 2023)


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What is Accelerate Property Fund Total Assets?

Accelerate Property Fund's Total Assets for the quarter that ended in Sep. 2023 was R10,228.5 Mil.

During the past 12 months, Accelerate Property Fund's average Total Assets Growth Rate was -8.60% per year. During the past 3 years, the average Total Assets Growth Rate was -8.60% per year. During the past 5 years, the average Total Assets Growth Rate was -5.30% per year.

During the past 11 years, Accelerate Property Fund's highest 3-Year average Total Assets Growth Rate was 24.10%. The lowest was -8.60%. And the median was 3.40%.

Total Assets is connected with ROA %. Accelerate Property Fund's annualized ROA % for the quarter that ended in Sep. 2023 was -1.73%. Total Assets is also linked to Revenue through Asset Turnover. Accelerate Property Fund's Asset Turnover for the quarter that ended in Sep. 2023 was 0.04.


Accelerate Property Fund Total Assets Historical Data

The historical data trend for Accelerate Property Fund'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.

Accelerate Property Fund Total Assets Chart

Accelerate Property Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,674.81 13,533.85 12,562.98 11,076.21 10,342.68

Accelerate Property Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 12,615.68 11,076.21 11,186.98 10,342.68 10,228.45

Accelerate Property Fund 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.

Accelerate Property Fund's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=5353.251+4989.432
=10,342.7

Accelerate Property Fund's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=5264.535+4963.917
=10,228.5

* 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.


Accelerate Property Fund  (JSE:APF) Total Assets Explanation

Total Assets is connected with ROA %.

Accelerate Property Fund's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-177.432/( (10342.683+10228.452)/ 2 )
=-177.432/10285.5675
=-1.73 %

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

Accelerate Property Fund's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=415.916/( (10342.683+10228.452)/ 2 )
=415.916/10285.5675
=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.

Accelerate Property Fund Total Assets Related Terms

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Accelerate Property Fund (JSE:APF) Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through four operating segments. Office segment, which acquires, develops and leases offices. The industrial segment acquires, develops and leases warehouses and factories. The retail segment acquires, develops and leases shopping malls, community centres as well as retail centres. European single-tenant segment acquires develops and leases single-tenant space backed by long-term leases. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria and Slovakia, out of which the majority of its revenue is generated from South Africa.

Accelerate Property Fund (JSE:APF) Headlines

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