Shurgard Self-Storage's Total Assets for the quarter that ended in Dec. 2023 was €5,353.9 Mil.
Warning Sign:
If a company builds assets at 15.4% a year, faster than its revenue growth rate of 4.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Shurgard Self-Storage's average Total Assets Growth Rate was 11.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 15.40% per year.
During the past 10 years, Shurgard Self-Storage's highest 3-Year average Total Assets Growth Rate was 17.20%. The lowest was 8.60%. And the median was 11.60%.
Shurgard Self-Storage Total Assets Historical Data
The historical data trend for Shurgard Self-Storage'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.
Shurgard Self-Storage's Total Assets for the fiscal year that ended in Dec. 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.
Shurgard Self-Storage (XBRU:SHUR) Total Assets Explanation
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.
Shurgard Self-Storage'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.
Shurgard Self-Storage Total Assets Related Terms
Thank you for viewing the detailed overview of Shurgard Self-Storage's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Shurgard Self-Storage (XBRU:SHUR) Business Description
Shurgard Self-Storage SA Formerly Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from France and also has a presence in the Netherlands, UK, Sweden, Belgium, Germany, and Denmark among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XBRU:SHUR has been successfully added to your 