Retail Opportunity Investments
Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast. As of September 30, 2024, ROIC owned 93 shopping centers encompassing approximately 10.5 million squa… Read more
Retail Opportunity Investments (ROIC) - Total Assets
Latest total assets as of September 2024: $3.02 Billion USD
Based on the latest financial reports, Retail Opportunity Investments (ROIC) holds total assets worth $3.02 Billion USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Retail Opportunity Investments - Total Assets Trend (2007–2023)
This chart illustrates how Retail Opportunity Investments’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Retail Opportunity Investments - Asset Composition Analysis
Current Asset Composition (December 2023)
Retail Opportunity Investments's total assets of $3.02 Billion consist of 2.6% current assets and 97.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $65.89 Million | 2.2% |
| Inventory | $-3.35 Million | -0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $42.79 Million | 1.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2023)
This chart illustrates how Retail Opportunity Investments's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Retail Opportunity Investments's current assets represent 2.6% of total assets in 2023, a decrease from 100.0% in 2007.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2023, up from 0.1% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 2.2% of total assets.
Retail Opportunity Investments Competitors by Total Assets
Key competitors of Retail Opportunity Investments based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Qrf Comm. VA
F:2QR
|
Germany | €228.00 Million |
|
Mastern Premier REIT 1 Co. Ltd.
KO:357430
|
Korea | ₩152.85 Billion |
|
Lotte Reit Co Ltd
KO:330590
|
Korea | ₩2.62 Trillion |
|
Hektar Real Estate Investment Trust
KLSE:5121
|
Malaysia | RM1.45 Billion |
|
Sunway Real Estate Investment Trust
KLSE:5176
|
Malaysia | RM10.66 Billion |
|
CapitaLand Malaysia Mall Trust
KLSE:5180
|
Malaysia | RM5.62 Billion |
|
Pavilion Real Estate Inv Trust
KLSE:5212
|
Malaysia | RM9.83 Billion |
|
KIP Real Estate Investment Trust
KLSE:5280
|
Malaysia | RM1.75 Billion |
Retail Opportunity Investments - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Retail Opportunity Investments generates 0.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Retail Opportunity Investments generates $ 1.16 in net profit.
Retail Opportunity Investments - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.62 | 4.23 | 0.69 |
| Quick Ratio | 0.01 | 4.25 | 0.69 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-78.77 Million | $ 208.31 Million | $ -30.86 Million |
Retail Opportunity Investments - Advanced Valuation Insights
This section examines the relationship between Retail Opportunity Investments's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.74 |
| Latest Market Cap to Assets Ratio | 0.73 |
| Asset Growth Rate (YoY) | -0.9% |
| Total Assets | $2.98 Billion |
| Market Capitalization | $2.18 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Retail Opportunity Investments's assets below their book value (0.73 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Retail Opportunity Investments's assets decreased by 0.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Retail Opportunity Investments (2007–2023)
The table below shows the annual total assets of Retail Opportunity Investments from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $2.98 Billion | -0.89% |
| 2022-12-31 | $3.00 Billion | +2.58% |
| 2021-12-31 | $2.93 Billion | +2.34% |
| 2020-12-31 | $2.86 Billion | -1.78% |
| 2019-12-31 | $2.91 Billion | -2.97% |
| 2018-12-31 | $3.00 Billion | -1.19% |
| 2017-12-31 | $3.04 Billion | +14.13% |
| 2016-12-31 | $2.66 Billion | +15.25% |
| 2015-12-31 | $2.31 Billion | +24.78% |
| 2014-12-31 | $1.85 Billion | +28.67% |
| 2013-12-31 | $1.44 Billion | +51.34% |
| 2012-12-31 | $950.91 Million | +36.93% |
| 2011-12-31 | $694.43 Million | +49.60% |
| 2010-12-31 | $464.19 Million | +14.94% |
| 2009-12-31 | $403.87 Million | -2.06% |
| 2008-12-31 | $412.39 Million | +0.52% |
| 2007-12-31 | $410.27 Million | -- |