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Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Total Assets : $304.12 Mil (As of Apr. 2018)


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What is Advent Claymore Convertible Securities &ome Fu Total Assets?

Advent Claymore Convertible Securities &ome Fu's Total Assets for the quarter that ended in Apr. 2018 was $304.12 Mil.

Total Assets is connected with ROA %. Advent Claymore Convertible Securities &ome Fu's annualized ROA % for the quarter that ended in Apr. 2018 was -2.19%. Total Assets is also linked to Revenue through Asset Turnover. Advent Claymore Convertible Securities &ome Fu's Asset Turnover for the quarter that ended in Apr. 2018 was 0.00.


Advent Claymore Convertible Securities &ome Fu Total Assets Historical Data

The historical data trend for Advent Claymore Convertible Securities &ome Fu'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.

Advent Claymore Convertible Securities &ome Fu Total Assets Chart

Advent Claymore Convertible Securities &ome Fu Annual Data
Trend Oct17
Total Assets
315.26

Advent Claymore Convertible Securities &ome Fu Semi-Annual Data
Oct17 Apr18
Total Assets 315.26 304.12

Advent Claymore Convertible Securities &ome Fu 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.

Advent Claymore Convertible Securities &ome Fu's Total Assets for the fiscal year that ended in Oct. 2017 is calculated as

Total Assets=Total Equity (A: Oct. 2017 )+Total Liabilities (A: Oct. 2017 )
=184.077+131.183
=315.26

Advent Claymore Convertible Securities &ome Fu's Total Assets for the quarter that ended in Apr. 2018 is calculated as

Total Assets=Total Equity (Q: Apr. 2018 )+Total Liabilities (Q: Apr. 2018 )
=172.963+131.155
=304.12

* 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.


Advent Claymore Convertible Securities &ome Fu  (NYSE:AGC) Total Assets Explanation

Total Assets is connected with ROA %.

Advent Claymore Convertible Securities &ome Fu's annualized ROA % for the quarter that ended in Apr. 2018 is

ROA %=Net Income (Q: Apr. 2018 )/( (Total Assets (Q: Oct. 2017 )+Total Assets (Q: Apr. 2018 ))/ count )
=-6.792/( (315.26+304.118)/ 2 )
=-6.792/309.689
=-2.19 %

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

Advent Claymore Convertible Securities &ome Fu's Asset Turnover for the quarter that ended in Apr. 2018 is

Asset Turnover
=Revenue (Q: Apr. 2018 )/( (Total Assets (Q: Oct. 2017 )+Total Assets (Q: Apr. 2018 ))/ count )
=0.494/( (315.26+304.118)/ 2 )
=0.494/309.689
=0.00

* 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.

Advent Claymore Convertible Securities &ome Fu Total Assets Related Terms

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Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Business Description

Traded in Other Exchanges
N/A
Address
Advent Claymore Convertible Securities & Income Fund of Benefical Interest, formerly known as Advent/claymore Gl Convrtbl Sec & Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide total return, through a combination of capital appreciation and current income.
Executives
Advent Capital Management /de/ other: Investment Manager 888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019
Tracy V Maitland director, officer: Chairman, President & CEO, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Daniel Black director, other: Trustee C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018
Paul Latronica other: Portfolio Manager 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Hart Woodson other: Portfolio Manager 2455 CORPORATE WEST DRIVE LISLE IL 60532
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036