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Cairn Homes (LSE:CRN) Total Assets : £895.9 Mil (As of Dec. 2023)


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What is Cairn Homes Total Assets?

Cairn Homes's Total Assets for the quarter that ended in Dec. 2023 was £895.9 Mil.

During the past 12 months, Cairn Homes's average Total Assets Growth Rate was 0.10% per year. During the past 3 years, the average Total Assets Growth Rate was -0.60% per year. During the past 5 years, the average Total Assets Growth Rate was 1.30% per year.

During the past 9 years, Cairn Homes's highest 3-Year average Total Assets Growth Rate was 27.10%. The lowest was -0.80%. And the median was 3.30%.

Total Assets is connected with ROA %. Cairn Homes's annualized ROA % for the quarter that ended in Dec. 2023 was 11.88%. Total Assets is also linked to Revenue through Asset Turnover. Cairn Homes's Asset Turnover for the quarter that ended in Dec. 2023 was 0.41.


Cairn Homes Total Assets Historical Data

The historical data trend for Cairn Homes'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.

Cairn Homes Total Assets Chart

Cairn Homes Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 822.48 922.17 860.75 891.68 895.88

Cairn Homes Semi-Annual Data
Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 860.75 949.46 891.68 980.97 895.88

Cairn Homes 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.

Cairn Homes's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=652.299+243.58
=895.9

Cairn Homes'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 )
=652.299+243.58
=895.9

* 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.


Cairn Homes  (LSE:CRN) Total Assets Explanation

Total Assets is connected with ROA %.

Cairn Homes'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 )
=111.526/( (980.972+895.879)/ 2 )
=111.526/938.4255
=11.88 %

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.

Cairn Homes'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 )
=385.326/( (980.972+895.879)/ 2 )
=385.326/938.4255
=0.41

* 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.

Cairn Homes Total Assets Related Terms

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Cairn Homes (LSE:CRN) Business Description

Traded in Other Exchanges
Address
45 Mespil Road, Dublin, IRL, D04 W2F1
Cairn Homes PLC is an Irish homebuilder. Its core activity is to design and develop properties for residential purposes, majorly in the suburbs of Dublin City. The company's portfolio predominantly comprises single-family homes and apartments that form a minor share. Its sales of residential property drive most company revenues.

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