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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Total Assets : $299.69 Mil (As of May. 2018)


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What is Kayne Anderson Energy Development Co Total Assets?

Kayne Anderson Energy Development Co's Total Assets for the quarter that ended in May. 2018 was $299.69 Mil.

During the past 12 months, Kayne Anderson Energy Development Co's average Total Assets Growth Rate was 4.50% per year. During the past 3 years, the average Total Assets Growth Rate was -10.10% per year. During the past 5 years, the average Total Assets Growth Rate was 0.20% per year.

During the past 12 years, Kayne Anderson Energy Development Co's highest 3-Year average Total Assets Growth Rate was 19.20%. The lowest was 0.00%. And the median was 5.10%.

Total Assets is connected with ROA %. Kayne Anderson Energy Development Co's annualized ROA % for the quarter that ended in May. 2018 was 18.38%. Total Assets is also linked to Revenue through Asset Turnover. Kayne Anderson Energy Development Co's Asset Turnover for the quarter that ended in May. 2018 was 0.10.


Kayne Anderson Energy Development Co Total Assets Historical Data

The historical data trend for Kayne Anderson Energy Development Co'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.

Kayne Anderson Energy Development Co Total Assets Chart

Kayne Anderson Energy Development Co Annual Data
Trend Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 477.24 551.31 310.45 345.98 289.15

Kayne Anderson Energy Development Co Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18
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 328.15 345.98 338.18 289.15 299.69

Kayne Anderson Energy Development Co 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.

Kayne Anderson Energy Development Co's Total Assets for the fiscal year that ended in Nov. 2017 is calculated as

Total Assets=Total Equity (A: Nov. 2017 )+Total Liabilities (A: Nov. 2017 )
=174.159+114.993
=289.15

Kayne Anderson Energy Development Co's Total Assets for the quarter that ended in May. 2018 is calculated as

Total Assets=Total Equity (Q: May. 2018 )+Total Liabilities (Q: May. 2018 )
=192.847+106.839
=299.69

* 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.


Kayne Anderson Energy Development Co  (NYSE:KED) Total Assets Explanation

Total Assets is connected with ROA %.

Kayne Anderson Energy Development Co's annualized ROA % for the quarter that ended in May. 2018 is

ROA %=Net Income (Q: May. 2018 )/( (Total Assets (Q: Nov. 2017 )+Total Assets (Q: May. 2018 ))/ count )
=54.108/( (289.152+299.686)/ 2 )
=54.108/294.419
=18.38 %

Note: The Net Income data used here is two times the semi-annual (May. 2018) 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.

Kayne Anderson Energy Development Co's Asset Turnover for the quarter that ended in May. 2018 is

Asset Turnover
=Revenue (Q: May. 2018 )/( (Total Assets (Q: Nov. 2017 )+Total Assets (Q: May. 2018 ))/ count )
=30.433/( (289.152+299.686)/ 2 )
=30.433/294.419
=0.10

* 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.

Kayne Anderson Energy Development Co Total Assets Related Terms

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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description

Traded in Other Exchanges
N/A
Address
Kayne Anderson Energy Development Co is a non-diversified, closed-end fund. Its objective is to generate current income and capital appreciation through equity and debt investments. The fund seeks to achieve this objective by investing at least 80% of its total assets in securities of Energy companies. A key focus area for the company's investments is equity and debt investments in private and public entities structured as Ltd partnerships. In addition, it also owns equity and debt investments in Upstream, Midstream and Other Energy companies. Geographically all the operation is functioned through the region of US.
Executives
Richard A Kayne 10 percent owner, other: CEO of Member/Manager of IA
William R Cordes director 17237 HOWARD PLAZA, OMAHA NE 68118
Alan Boswell officer: VICE PRESIDENT 811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Terry A Hart officer: Treasurer and CFO 1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002
Prudential Insurance Co Of America 10 percent owner 751 BROAD STREET, NEWARK NJ 07102
Prudential Financial Inc 10 percent owner 751 BROAD ST, NEWARK NJ 07102
James C Baker officer: Vice President C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Jody Meraz officer: Vice President 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Ka Holdings Inc 10 percent owner, other: Affiliate / Investment Adviser 1800 AVENUE OF THE STARS, 2ND FLOOR, LOS ANGELES CA 90067
Kevin S Mccarthy director, officer: President, CEO, Chairman C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Daley other: Investment Adviser CFO C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Anderson 10 percent owner, other: Affiliate / Investment Adviser C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Robert Sinnott director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
William L Thacker director 94 WEDGEWOOD DR. W., MONTGOMERY TX 77366
Barry R Pearl director P.O. BOX 2521, HOUSTON TX 77252-2521

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