GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DRI Healthcare Trust (TSX:DHT.U) » Definitions » Total Assets

DRI Healthcare Trust (TSX:DHT.U) Total Assets : $903.4 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is DRI Healthcare Trust Total Assets?

DRI Healthcare Trust's Total Assets for the quarter that ended in Mar. 2024 was $903.4 Mil.

During the past 12 months, DRI Healthcare Trust's average Total Assets Growth Rate was 22.70% per year.

Total Assets is connected with ROA %. DRI Healthcare Trust's annualized ROA % for the quarter that ended in Mar. 2024 was -2.85%. Total Assets is also linked to Revenue through Asset Turnover. DRI Healthcare Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

DRI Healthcare Trust Total Assets Historical Data

The historical data trend for DRI Healthcare Trust'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.

DRI Healthcare Trust Total Assets Chart

DRI Healthcare Trust Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
436.70 633.42 834.96

DRI Healthcare Trust Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 692.33 720.34 811.52 834.96 903.45

DRI Healthcare Trust 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.

DRI Healthcare Trust'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 )
=561.497+273.46
=835.0

DRI Healthcare Trust's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=551.707+351.742
=903.4

* 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.

DRI Healthcare Trust  (TSX:DHT.U) Total Assets Explanation

Total Assets is connected with ROA %.

DRI Healthcare Trust's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-24.788/( (834.957+903.449)/ 2 )
=-24.788/869.203
=-2.85 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

DRI Healthcare Trust's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=25.054/( (834.957+903.449)/ 2 )
=25.054/869.203
=0.03

* 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.

DRI Healthcare Trust Total Assets Related Terms

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

DRI Healthcare Trust (TSX:DHT.U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DRI Healthcare Trust (TSX:DHT.U) » Definitions » Total Assets
Comparable Companies
XCNQ:CL TSX:WEED TSX:TSND TSX:GUD NEOE:GLAS.A.U XCNQ:AAWH.U TSX:ACB XCNQ:EPIC TSX:CRON XCNQ:IAN ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XSWX:SDZ HKSE:03692
Traded in Other Exchanges
DHTRF:USA DHT.UN:Canada
Address
100 King Street West, 1 First Canadian Place, Suite 7250, Toronto, ON, CAN, M5X 1B1
Website
https://www.dricapital.com
DRI Healthcare Trust is a pioneer in global pharmaceutical royalty monetization with a more than 30-year history of accelerating innovation by providing capital to inventors, academic institutions, and biopharma companies. In return for providing capital to biopharmaceutical innovators, the company is building a diversified portfolio of interests in medicines that have a demonstrable positive impact on the world.

DRI Healthcare Trust (TSX:DHT.U) Headlines

No Headlines