GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cornerstone Strategic Value Fund Inc (AMEX:CLM) » Definitions » Total Assets

Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Total Assets : $1,582.5 Mil (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Cornerstone Strategic Value Fund Total Assets?

Cornerstone Strategic Value Fund's Total Assets for the quarter that ended in Dec. 2023 was $1,582.5 Mil.

During the past 12 months, Cornerstone Strategic Value Fund's average Total Assets Growth Rate was 12.80% per year. During the past 3 years, the average Total Assets Growth Rate was 27.10% per year. During the past 5 years, the average Total Assets Growth Rate was 17.80% per year. During the past 10 years, the average Total Assets Growth Rate was 28.00% per year.

During the past 13 years, Cornerstone Strategic Value Fund's highest 3-Year average Total Assets Growth Rate was 53.00%. The lowest was 8.30%. And the median was 30.15%.

Total Assets is connected with ROA %. Cornerstone Strategic Value Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 13.35%. Total Assets is also linked to Revenue through Asset Turnover. Cornerstone Strategic Value Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.


Cornerstone Strategic Value Fund Total Assets Historical Data

The historical data trend for Cornerstone Strategic Value Fund'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.

Cornerstone Strategic Value Fund Total Assets Chart

Cornerstone Strategic Value Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 815.70 771.52 1,229.17 1,402.57 1,582.49

Cornerstone Strategic Value Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1,229.17 1,597.07 1,402.57 1,585.77 1,582.49

Cornerstone Strategic Value 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.

Cornerstone Strategic Value Fund's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1580.192+2.295
=1,582.5

Cornerstone Strategic Value Fund's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=1580.192+2.295
=1,582.5

* 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.


Cornerstone Strategic Value Fund  (AMEX:CLM) Total Assets Explanation

Total Assets is connected with ROA %.

Cornerstone Strategic Value Fund's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=211.538/( (1585.772+1582.487)/ 2 )
=211.538/1584.1295
=13.35 %

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

Cornerstone Strategic Value Fund's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=106.598/( (1585.772+1582.487)/ 2 )
=106.598/1584.1295
=0.07

* 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.

Cornerstone Strategic Value Fund Total Assets Related Terms

Thank you for viewing the detailed overview of Cornerstone Strategic Value Fund's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Business Description

Traded in Other Exchanges
N/A
Address
225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246
Cornerstone Strategic Value Fund Inc is a closed-end management investment company. The fund's objective is to seek long-term capital appreciation through investments in equity securities of U.S. and non-U.S. companies. It invests in various sectors, which include financials, information technology, healthcare, consumer discretionary, industrials, consumer staples, energy, telecommunication services, materials, and other sectors.
Executives
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Daniel Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Brian James Lutes officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Joshua Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Ralph W Bradshaw director, officer: President 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Marcia Emilia Malzahn director 16494 73RD AVENUE N, MAPLE GROVE MN 55311
Scott B Rogers director 6 BEAVERDAM CT., ASHEVILLE NC 28804
Hoyt M. Peters officer: Secretary 1075 HENDERSONVILLE ROAD, ASHEVILLE NC 28803
Alan M. Mandel officer: Treasurer C/O SCHRODERS, 875 THIRD AVENUE, 22ND FLOOR, NEW YORK NY 10022
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Frank J. Maresca officer: Treasurer 5 GREENVIEW CIR., HUNTINGTON NY 11743-5152
Theresa Minogue Bridge officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Andrew A Strauss director 77 CENTRAL AVE SUITE F, ASHEVILLE NC 28801
Thomas H Lenagh director DEUTSCHE ASSET MANAGEMENT, 1 SOUTH STREET, BALTIMORE MD 21201

Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Headlines