Target Healthcare REIT (LSE:THRL) Total Assets : £946.69 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Target Healthcare REIT Total Assets?

Target Healthcare REIT's Total Assets for the quarter that ended in Dec. 2023 was £946.69 Mil.

During the past 12 months, Target Healthcare REIT's average Total Assets Growth Rate was 5.00% per year. During the past 3 years, the average Total Assets Growth Rate was 12.50% per year. During the past 5 years, the average Total Assets Growth Rate was 18.70% per year.

During the past 10 years, Target Healthcare REIT's highest 3-Year average Total Assets Growth Rate was 49.80%. The lowest was 12.50%. And the median was 28.50%.

Total Assets is connected with ROA %. Target Healthcare REIT's annualized ROA % for the quarter that ended in Dec. 2023 was 6.63%. Total Assets is also linked to Revenue through Asset Turnover. Target Healthcare REIT's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Target Healthcare REIT Total Assets Historical Data

The historical data trend for Target Healthcare 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.

* Premium members only.

Target Healthcare REIT Total Assets Chart

Target Healthcare REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

538.38

663.77

718.39

963.66

908.26

Target Healthcare REIT Semi-Annual Data
	Jul13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															932.16	963.66	906.81	908.26	946.69

Target Healthcare 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.

Target Healthcare 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 )
	=	654.808	+	253.45
	=	908.26

Target Healthcare 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 )
	=	665.054	+	281.636
	=	946.69

Target Healthcare REIT (LSE:THRL) Total Assets Explanation

Total Assets is connected with ROA %.

Target Healthcare 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 )
	=	61.522	/	( (908.258	+	946.69)	/ 2 )
	=	61.522	/	927.474
	=	6.63 %

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.

Target Healthcare 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 )
=	33.255	/	( (908.258	+	946.69)	/ 2 )
=	33.255	/	927.474
=	0.04

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.

Target Healthcare REIT Total Assets Related Terms

Thank you for viewing the detailed overview of Target Healthcare REIT's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Target Healthcare REIT (LSE:THRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Target Healthcare REIT PLC (LSE:THRL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

THRLl:UK

Address

69 Old Broad Street, Level 4, Dashwood House, London, GBR, EC2M 1QS

Website

https://www.targethealthcarereit.co.uk

Target Healthcare REIT PLC is a closed-ended investment company, which acts as a long-term investor in care homes in the UK. The investment objective of the company is to provide shareholders with an attractive level of income together with the potential for capital and income growth from investing in a diversified portfolio of freehold and long-leasehold care homes. The company pursues its objective by investing in a portfolio of care homes, in the United Kingdom, that are let to care home operators on repairing and insuring leases.

Target Healthcare REIT (LSE:THRL) Headlines

No Headlines