American Assets Trust Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 6.97
Dividend & Yield1.32$ (5.26%)
Beta 1.15
Market capitalization 1.91B
Operating cash flow 179.07M
ESG Scores unknown

Company description

American Assets Trust, Inc. is a full service, vertically integrated and self-administered real estate investment trust, or REIT, headquartered in San Diego, California. The company has over 50 years of experience in acquiring, improving, developing and managing premier office, retail, and residential properties throughout the United States in some of the nation's most dynamic, high-barrier-to-entry markets primarily in Southern California, Northern California, Oregon, Washington, Texas and Hawaii. The company's office portfolio comprises approximately 3.4 million rentable square feet, and its retail portfolio comprises approximately 3.1 million square feet. In addition, the company owns one mixed-use property (including approximately 97,000 rentable square feet of retail space and a 369-room all-suite hotel) and 2,112 multifamily units. In 2011, the company was formed to succeed to the real estate business of American Assets, Inc., a privately held corporation founded in 1967 and, as such, has significant experience, long-standing relationships and extensive knowledge of its core markets, submarkets and asset classes.

Sector: Real Estate - Industry: REIT—Diversified

Financial Ratios
Quick Ratio3.52
Working Capital0.17
Return On Equity0.02
Debt To Equity1.33
Fixed Asset Ratio0.01
Fixed Interest Cover1.7

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 5.96M -2.11M 15.33M -1.24M
Total Cashflows From Investing Activities -599.18M -69.08M -312.28M -166.32M
Net Borrowings 65.24M 49M 239.3M
Total Cash From Financing Activities 497.55M -28.31M 144.42M -102.7M
Change To Operating Activities -6.98M -2.79M 2.02M 1.11M
Issuance Of Stock 515.35M
Net Income 45.72M 27.66M 28.38M 43.51M
Change In Cash 52.18M 29.6M 475k -89.95M
Effect Of Exchange Rate
Total Cash From Operating Activities 153.82M 126.98M 168.33M 179.07M
Depreciation 92.42M 104.36M 113.07M 120.03M
Change To Account Receivables -1.07M -4.94M 2.27M -404k
Other Cashflows From Financing Activities -20.01M -16.41M -23.85M -24.41M
Change To Netincome 16.3M 3.33M 4.51M 13.48M
Capital Expenditures -88.33M -63.49M -104.59M -113.78M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax 61.01M 35.58M 37.33M 56.73M
Net Income 45.72M 27.66M 28.38M 43.51M
Selling General Administrative 27.41M 28.6M 31.66M 34.52M
Gross Profit 237.3M 225.48M 247.83M 272.59M
Ebit 113.69M 88.58M 99.87M 114.73M
Operating Income 113.69M 88.58M 99.87M 114.73M
Interest Expense -54.01M -53.44M -58.59M -58.23M
Income Tax Expense 819k -9k 738k 850k
Total Revenue 362.58M 342.09M 373.04M 418.57M
Cost Of Revenue 125.28M 116.62M 125.2M 145.97M
Total Other Income ExpenseNet -52.68M -53M -62.54M -58.01M
Net Income From Continuing Ops 60.19M 35.59M 36.59M 55.88M
Net Income Applicable To Common Shares 45.72M 27.66M 28.38M 43.51M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.5B 1.56B 1.81B 1.8B
Total Stockholder Equity 1.31B 1.27B 1.24B 1.22B
Other Current Liabilities
Total Assets 2.79B 2.82B 3.02B 2.99B
Common Stock 601k 605k 605k 607k
Other Current Assets 17.37M 10.42M 9.14M 9.28M
Retained Earnings
Treasury Stock -138.7M -174.81M -214.91M -240.54M
Cash 99.3M 137.33M 139.52M 49.57M
Total Current Liabilities 62.58M 59.26M 64.53M 69.32M
Other Stockholder Equity -138.7M -174.81M -214.91M -240.54M
Property, Plant, and Equipment 2.53B 2.52B 2.71B 2.76B
Total Current Assets 181.3M 227.16M 238.83M 163.87M
Net Tangible Assets 1.28B 1.24B 1.21B 1.2B
Net Receivables 64.19M 79.41M 90.17M 95.04M
Accounts Payable 62.58M 59.26M 64.53M 65.99M


Insider Transactions

Here are the insider transactions of stock shares related to American Assets Trust Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
RADY ERNEST SStock Award(Grant) at price 0.00 per share.D2022-12-07Chief Executive Officer124.96k
BARTON ROBERT FStock Award(Grant) at price 0.00 per share.D2022-12-07Chief Financial Officer55.54k
WYLL ADAMStock Award(Grant) at price 0.00 per share.D2022-12-07President52.76k
GAMMIERI JERRYStock Award(Grant) at price 0.00 per share.D2022-12-07Officer22.21k
RADY ERNEST SPurchase at price 28.35 per share.I2022-11-04Chief Executive Officer20k
RADY ERNEST SPurchase at price 27.30 - 27.90 per share.I2022-11-02Chief Executive Officer50k
RADY ERNEST SPurchase at price 26.98 - 27.00 per share.I2022-09-15Chief Executive Officer87.32k
RADY ERNEST SPurchase at price 28.49 per share.I2022-09-12Chief Executive Officer10k
RADY ERNEST SPurchase at price 27.96 - 28.13 per share.I2022-09-09Chief Executive Officer30k
RADY ERNEST SPurchase at price 27.81 per share.I2022-09-02Chief Executive Officer25k
RADY ERNEST SPurchase at price 28.36 - 28.66 per share.I2022-08-30Chief Executive Officer30k
RADY ERNEST SPurchase at price 28.34 - 28.66 per share.I2022-08-30Chief Executive Officer35k
RADY ERNEST SPurchase at price 28.55 - 28.94 per share.I2022-08-26Chief Executive Officer25k
RADY ERNEST SPurchase at price 28.39 - 28.90 per share.I2022-08-24Chief Executive Officer27.7k
RADY ERNEST SPurchase at price 29.60 - 30.04 per share.I2022-08-19Chief Executive Officer27.67k
RADY ERNEST SPurchase at price 29.87 - 30.64 per share.I2022-08-17Chief Executive Officer56.7k
RADY ERNEST SPurchase at price 30.30 per share.I2022-08-11Chief Executive Officer10k
RADY ERNEST SPurchase at price 29.55 - 29.80 per share.I2022-08-10Chief Executive Officer30k
RADY ERNEST SPurchase at price 28.80 - 28.94 per share.I2022-08-05Chief Executive Officer20k
RADY ERNEST SPurchase at price 29.40 - 30.00 per share.I2022-08-03Chief Executive Officer35k
RADY ERNEST SPurchase at price 28.74 - 29.94 per share.I2022-06-15Chief Executive Officer30k
RADY ERNEST SPurchase at price 30.49 per share.I2022-06-10Chief Executive Officer1.88k
SULLIVAN ROBERT SStock Award(Grant) at price 0.00 per share.D2022-06-07Director1.52k
SCHAEFER JOY L.Stock Award(Grant) at price 0.00 per share.D2022-06-07Director1.52k
TRAN NINA AStock Award(Grant) at price 0.00 per share.D2022-06-07Director1.52k
OLINGER THOMAS SStock Award(Grant) at price 0.00 per share.D2022-06-07Director1.52k
RADY ERNEST SPurchase at price 32.71 per share.I2022-06-06Chief Executive Officer10k
RADY ERNEST SPurchase at price 33.71 per share.I2022-06-01Chief Executive Officer10k
RADY ERNEST SPurchase at price 31.85 - 32.80 per share.I2022-05-25Chief Executive Officer21.2k
RADY ERNEST SPurchase at price 32.00 per share.I2022-05-19Chief Executive Officer10k
RADY ERNEST SPurchase at price 32.70 - 33.00 per share.I2022-05-18Chief Executive Officer20k
RADY ERNEST SPurchase at price 32.00 - 32.49 per share.I2022-05-13Chief Executive Officer20k
RADY ERNEST SPurchase at price 32.91 - 33.00 per share.I2022-05-11Chief Executive Officer20k
RADY ERNEST SPurchase at price 34.09 - 35.35 per share.I2022-05-06Chief Executive Officer27.58k
RADY ERNEST SPurchase at price 35.37 per share.I2022-05-03Chief Executive Officer9.61k
RADY ERNEST SPurchase at price 35.98 - 35.99 per share.I2022-03-15Chief Executive Officer17.24k
RADY ERNEST SPurchase at price 36.36 - 36.50 per share.I2022-03-11Chief Executive Officer13k
RADY ERNEST SPurchase at price 36.75 - 36.82 per share.I2022-03-09Chief Executive Officer14.8k
RADY ERNEST SPurchase at price 36.37 - 36.98 per share.I2022-03-02Chief Executive Officer19.12k
RADY ERNEST SPurchase at price 36.37 per share.I2022-02-25Chief Executive Officer918
RADY ERNEST SPurchase at price 34.90 - 36.02 per share.I2022-02-24Chief Executive Officer13.47k
RADY ERNEST SPurchase at price 36.73 - 36.97 per share.I2022-02-18Chief Executive Officer13.1k
RADY ERNEST SPurchase at price 34.90 - 35.46 per share.I2022-02-15Chief Executive Officer20k
RADY ERNEST SPurchase at price 37.58 per share.I2021-12-30Chief Executive Officer10k
RADY ERNEST SPurchase at price 36.27 - 36.64 per share.I2021-12-29Chief Executive Officer20.02k
RADY ERNEST SPurchase at price 34.30 - 36.15 per share.I2021-12-22Chief Executive Officer21.08k
RADY ERNEST SPurchase at price 35.53 - 35.62 per share.I2021-12-17Chief Executive Officer40k
RADY ERNEST SPurchase at price 34.97 - 35.67 per share.I2021-12-15Chief Executive Officer27.45k
RADY ERNEST SStock Gift at price 0.00 per share.I2021-12-14Chief Executive Officer300
RADY ERNEST SStock Award(Grant) at price 0.00 per share.D2021-12-09Chief Executive Officer88.75k
RADY ERNEST SPurchase at price 35.49 per share.I2021-12-09Chief Executive Officer769

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to American Assets Trust Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on American Assets Trust Inc

Here is the result of two systematic investment strategies applied to American Assets Trust Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on American Assets Trust Inc

The following chart shows the equity curve of the two systematic investment strategies applied to American Assets Trust Inc:

American Assets Trust Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 12.84% on the backtest period.

Performance at glance

Performance

12.84 %

Latent gain

285.31 $

Invested capital

2222.39 $

Annualized return

3.1 %
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Momentum strategy results on American Assets Trust Inc

This is the result of two momentum investment strategies applied to American Assets Trust Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on American Assets Trust Inc

The following chart shows all the entries opened by the momentum investment system on American Assets Trust Inc:

American Assets Trust Inc momentum entries
  • The first momentum investment strategy would give 9.0% of return on American Assets Trust Inc. That represents 627.35$ of latent gain with 6972.91$ of employed capital.
  • The second momentum investment strategy would give 9.15% of return on American Assets Trust Inc. That represents 404.33$ of latent gain with 4418.17$ of employed capital.
Performance at glance (1Q Momentum)

Performance

9.0 %

Latent gain

627.35 $

Invested capital

6972.91 $

Annualized return

-3.23 %
Performance at glance (2Q Momentum)

Performance

9.15 %

Latent gain

404.33 $

Invested capital

4418.17 $

Annualized return

2.5 %

Momentum equity curve on American Assets Trust Inc

The following chart shows the equity curve of the two momentum strategies applied to American Assets Trust Inc:

American Assets Trust Inc momentum equity

Note: the dividends potentially given by American Assets Trust Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on American Assets Trust Inc

The following chart shows the employed capital evolution of the two momentum strategies on American Assets Trust Inc since the beginning:

American Assets Trust Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on American Assets Trust Inc

Buy the dip entry openings on American Assets Trust Inc

American Assets Trust Inc

The performance achieved by the robo-advisor on American Assets Trust Inc is -6.92%. That represents -17.22$ of latent gain with 248.7$ of employed capital. The following chart shows American Assets Trust Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of American Assets Trust Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-6.92 %

Latent gain

-17.22 $

Invested capital

248.7 $

Annualized return

-3.23 %

Equity curve of the strategy applied to American Assets Trust Inc

The following chart shows the result of the investment strategy applied to American Assets Trust Inc:

American Assets Trust Inc

Note: the dividends potentially given by American Assets Trust Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on American Assets Trust Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on American Assets Trust Inc:

American Assets Trust Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on American Assets Trust Inc

In this section, I will compare the three previous investment strategies applied to American Assets Trust Inc.

Equity curve comparison on American Assets Trust Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

American Assets Trust Inc investment strategy comparison

Employed capital comparison on American Assets Trust Inc

American Assets Trust Inc investment comparison

Performance comparison on American Assets Trust Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 12.84% 285.31$ 2222.39$ 3.1%
Momentum 1 quarter 9.0% 627.35$ 6972.91$ 2.31%
Momentum 2 quarters 9.15% 404.33$ 4418.17$ 2.5%
Non-directional -6.92% -17.22$ 248.7$ -3.23%
Annualized return comparison

Automatic investment

3.1 %

Momentum 1Q

2.5 %

Momentum 2Q

2.5 %

Non-directional

-3.23 %

Correlated stocks

Here are the most positively and negatively correlated stocks with American Assets Trust Inc:


Company information

Company name American Assets Trust Inc
Country United States
City San Diego
Address 3420 Carmel Mountain Road
Phone 858-350-2600
Website www.americanassetstrust.com
FullTime employees 216
Industry REIT—Diversified
Sector Real Estate
Exchange XNYS
Ticker AAT
Market www.nyse.com

American Assets Trust Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown