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Canadian Apartment Properties Real Estate Investment Trust Total Assets : $12,641.3 Mil (As of Mar. 2024)


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What is Canadian Apartment Properties Real Estate Investment Trust Total Assets?

Canadian Apartment Properties Real Estate Investment Trust's Total Assets for the quarter that ended in Mar. 2024 was $12,641.3 Mil.

Warning Sign:

If a company builds assets at 9.6% a year, faster than its revenue growth rate of 5.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Canadian Apartment Properties Real Estate Investment Trust's average Total Assets Growth Rate was -3.20% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 9.60% per year. During the past 10 years, the average Total Assets Growth Rate was 14.00% per year.

During the past 13 years, Canadian Apartment Properties Real Estate Investment Trust's highest 3-Year average Total Assets Growth Rate was 45.60%. The lowest was 3.30%. And the median was 17.15%.

Total Assets is connected with ROA %. Canadian Apartment Properties Real Estate Investment Trust's annualized ROA % for the quarter that ended in Mar. 2024 was 4.26%. Total Assets is also linked to Revenue through Asset Turnover. Canadian Apartment Properties Real Estate Investment Trust's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.


Canadian Apartment Properties Real Estate Investment Trust Total Assets Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment 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.

Canadian Apartment Properties Real Estate Investment Trust Total Assets Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,584.09 12,100.19 13,838.26 13,059.91 12,648.06

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,820.39 13,135.13 12,523.90 12,648.06 12,641.32

Canadian Apartment Properties Real Estate Investment 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.

Canadian Apartment Properties Real Estate Investment 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 )
=6916.067+5731.995
=12,648.1

Canadian Apartment Properties Real Estate Investment 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 )
=6925.587+5715.737
=12,641.3

* 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.


Canadian Apartment Properties Real Estate Investment Trust  (OTCPK:CDPYF) Total Assets Explanation

Total Assets is connected with ROA %.

Canadian Apartment Properties Real Estate Investment 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 )
=538.16/( (12648.062+12641.324)/ 2 )
=538.16/12644.693
=4.26 %

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.

Canadian Apartment Properties Real Estate Investment 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 )
=203.765/( (12648.062+12641.324)/ 2 )
=203.765/12644.693
=0.02

* 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.

Canadian Apartment Properties Real Estate Investment Trust Total Assets Related Terms

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Canadian Apartment Properties Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1
Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust primarily engaged in the acquisition and leasing of multiunit residential rental properties located near major urban centers across Canada. The company's real estate portfolio is mainly composed of apartments and townhouses situated near public amenities. Most of CAPREIT's holdings are aimed towards the midtier and luxury markets in terms of demographic segments. The company derives nearly all of its income in the form of rental revenue from leasing its properties to tenants. The majority of this revenue comes from assets located in the Greater Toronto and Greater Montreal regions. The buildings in these areas also contain the majority of CAPREIT's total housing units.

Canadian Apartment Properties Real Estate Investment Trust Headlines

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