During the past 12 months, abrdn Global Infrastructureome Fund's average Total Assets Growth Rate was 187.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 40.80% per year.
During the past 5 years, the average Total Assets Growth Rate was -8.90% per year.
During the past 10 years, the average Total Assets Growth Rate was -7.90% per year.
During the past 4 years, abrdn Global Infrastructureome Fund's highest 3-Year average Total Assets Growth Rate was 40.80%. The lowest was 40.80%. And the median was 40.80%.
* 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.
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abrdn Global Infrastructureome Fund Total Assets Chart
abrdn Global Infrastructureome Fund Annual Data
Trend
Sep20
Sep21
Sep22
Sep23
Total Assets
174.54
197.64
169.79
487.28
abrdn Global Infrastructureome Fund Semi-Annual Data
abrdn Global Infrastructureome Fund 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.
* 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.
abrdn Global Infrastructureome Fund (NYSE:ASGI) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Sep. 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.
abrdn Global Infrastructureome Fund's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
abrdn Global Infrastructureome Fund Total Assets Related Terms
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abrdn Global Infrastructureome Fund (abrdn Global Infrastructureome Fund) Business Description
abrdn Global Infrastructure Income Fund is a non-diversified, closed-end management investment company. Its objective is to seek to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.
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