Griffin-American Healthcare REIT III Inc
American Healthcare REIT, Inc., a Maryland corporation, was incorporated on January 11, 2013 and therefore, we consider that our date of inception. We were initially capitalized on January 15, 2013. We invest in a diversified portfolio of real estate properties, focusing primarily on medical office buildings, hospitals, skilled nursing facilities, senior housing and other healthcare-related facil… Read more
Griffin-American Healthcare REIT III Inc (GRAH) - Total Assets
Latest total assets as of June 2021: $3.21 Billion USD
Based on the latest financial reports, Griffin-American Healthcare REIT III Inc (GRAH) holds total assets worth $3.21 Billion USD as of June 2021.
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.
Griffin-American Healthcare REIT III Inc - Total Assets Trend (2018–2020)
This chart illustrates how Griffin-American Healthcare REIT III Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Griffin-American Healthcare REIT III Inc - Asset Composition Analysis
Current Asset Composition (December 2020)
Griffin-American Healthcare REIT III Inc's total assets of $3.21 Billion consist of 10.5% current assets and 89.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.5% |
| Accounts Receivable | $124.56 Million | 3.9% |
| Inventory | $24.67 Million | 0.8% |
| Property, Plant & Equipment | $2.53 Billion | 78.3% |
| Intangible Assets | $154.69 Million | 4.8% |
| Goodwill | $75.31 Million | 2.3% |
Asset Composition Trend (2018–2020)
This chart illustrates how Griffin-American Healthcare REIT III Inc'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: Griffin-American Healthcare REIT III Inc's current assets represent 10.5% of total assets in 2020, an increase from 10.5% in 2018.
- Cash Position: Cash and equivalents constituted 3.5% of total assets in 2020, up from 1.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 8.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 78.3% of total assets.
Griffin-American Healthcare REIT III Inc Competitors by Total Assets
Key competitors of Griffin-American Healthcare REIT III Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
Exor NV
PINK:EXXRF
|
USA | $40.00 Billion |
|
Global Net Lease Inc. 7.50% Cum. Redeem. Pfd. Series D
NYSE:GNL-PD
|
USA | $4.77 Billion |
|
Alignment Healthcare LLC
NASDAQ:ALHC
|
USA | $1.07 Billion |
|
Artemis Gold Inc
PINK:ARGTF
|
USA | $1.87 Billion |
|
Fibra Terrafina
PINK:CBAOF
|
USA | $63.31 Billion |
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
Griffin-American Healthcare REIT III Inc - 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 - Griffin-American Healthcare REIT III Inc generates 0.37x 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, Griffin-American Healthcare REIT III Inc generates $ 0.07 in net profit.
Griffin-American Healthcare REIT III Inc - 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 | 1.85 | 1.81 | 2.05 |
| Quick Ratio | 1.75 | 1.70 | 1.94 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $158.05 Million | $ 149.87 Million | $ 191.25 Million |
Griffin-American Healthcare REIT III Inc - Advanced Valuation Insights
This section examines the relationship between Griffin-American Healthcare REIT III Inc'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 | 1.73 |
| Latest Market Cap to Assets Ratio | 0.45 |
| Asset Growth Rate (YoY) | 2.0% |
| Total Assets | $3.23 Billion |
| Market Capitalization | $1.46 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Griffin-American Healthcare REIT III Inc's assets below their book value (0.45 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Griffin-American Healthcare REIT III Inc's assets grew by 2.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Griffin-American Healthcare REIT III Inc (2018–2020)
The table below shows the annual total assets of Griffin-American Healthcare REIT III Inc from 2018 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | $3.23 Billion | +1.97% |
| 2019-12-31 | $3.17 Billion | +9.80% |
| 2018-12-31 | $2.89 Billion | -- |