MFS Government Marketsome Trust (MFS Government Marketsome Trust) Total Assets : $113.80 Mil (As of Nov. 2023)

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What is MFS Government Marketsome Trust Total Assets?

MFS Government Marketsome Trust's Total Assets for the quarter that ended in Nov. 2023 was $113.80 Mil.

During the past 12 months, MFS Government Marketsome Trust's average Total Assets Growth Rate was -6.10% per year. During the past 3 years, the average Total Assets Growth Rate was -13.40% per year. During the past 5 years, the average Total Assets Growth Rate was -7.30% per year.

During the past 7 years, MFS Government Marketsome Trust's highest 3-Year average Total Assets Growth Rate was 1.80%. The lowest was -13.40%. And the median was -4.05%.

Total Assets is connected with ROA %. MFS Government Marketsome Trust's annualized ROA % for the quarter that ended in Nov. 2023 was -3.03%. Total Assets is also linked to Revenue through Asset Turnover. MFS Government Marketsome Trust's Asset Turnover for the quarter that ended in Nov. 2023 was -0.01.

MFS Government Marketsome Trust Total Assets Historical Data

The historical data trend for MFS Government Marketsome 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.

MFS Government Marketsome Trust Total Assets Chart

MFS Government Marketsome Trust Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Assets

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165.58

175.39

166.97

121.15

113.80

MFS Government Marketsome Trust Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Total Assets	Get a 7-Day Free Trial								166.97	141.27	121.15	118.76	113.80

MFS Government Marketsome 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.

MFS Government Marketsome Trust's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (A: Nov. 2023 )	+	Total Liabilities (A: Nov. 2023 )
	=	107.535	+	6.264
	=	113.80

MFS Government Marketsome Trust's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	107.535	+	6.264
	=	113.80

MFS Government Marketsome Trust (NYSE:MGF) Total Assets Explanation

Total Assets is connected with ROA %.

MFS Government Marketsome Trust's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	-3.52	/	( (118.761	+	113.799)	/ 2 )
	=	-3.52	/	116.28
	=	-3.03 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2023) 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.

MFS Government Marketsome Trust's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	-1.613	/	( (118.761	+	113.799)	/ 2 )
=	-1.613	/	116.28
=	-0.01

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.

MFS Government Marketsome Trust Total Assets Related Terms

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MFS Government Marketsome Trust (MFS Government Marketsome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MFS Government Markets Income Trust (NYSE:MGF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Huntington Avenue, Boston, MA, USA, 02199

Website

https://www.mfs.com

MFS Government Markets Income Trust is a United States-based diversified, closed-end management investment company. Its investment objective is to seek high current income. The fund invests a majority of the net assets, including borrowings for investment purposes, in U.S. and foreign government securities. The trust invests most of the assets in investment-grade debt instruments. Its portfolio of investments comprises of different sectors investment such as the automotive, chemicals, computer software, consumer products, insurance, and other sectors.

Executives

Linda Dougherty	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
Jake Stone	other: PORTFOLIO MANAGER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Rosa Licea-mailloux	other: CHIEF COMPLIANCE OFFICER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Manjit Singh	director	111 HUNTINGTON AVENUE, BOSTON MA 02072
Neeraj Arora	other: PORTFOLIO MANAGER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Alexander Mackey	other: PORTFOLIO MANAGER	MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Jacques Jr Goulet	other: ADVISOR TO OFFICER	111 HUNTINGTON AVENUE, BOSTON MA 02199
Melissa Kennedy	other: OFFICER OF ADVISOR	111 HUNTINGTON AVENUE, BOSTON MA 02199
James W. Kilman	director	111 HUNTINGTON AVENUE, BOSTON MA 02199
Edward M. Maloney	officer: Officer of Advisor	111 HUNTINGTON AVENUE, BOSTON MA 02199
Peter Darrell Jones	director	111 HUNTINGTON AVENUE, BOSTON MA 02199
Carol W. Geremia	officer: PRESIDENT	111 HUNTINGTON AVENUE, BOSTON MA 02199
Kevin D Strain	other: Officer of Advisor	MFS INVESTMENT MANAGEMENT, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Clarence Jr Otis	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John A Caroselli	director	ONE METROTECH CENTER, BROOKLYN NY 11201

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