Asia Dragon Trust (LSE:DGN) Total Assets : £749.42 Mil (As of Feb. 2024)

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What is Asia Dragon Trust Total Assets?

Asia Dragon Trust's Total Assets for the quarter that ended in Feb. 2024 was £749.42 Mil.

During the past 12 months, Asia Dragon Trust's average Total Assets Growth Rate was 22.20% per year. During the past 3 years, the average Total Assets Growth Rate was -6.40% per year. During the past 5 years, the average Total Assets Growth Rate was -5.00% per year. During the past 10 years, the average Total Assets Growth Rate was -0.30% per year.

During the past 13 years, Asia Dragon Trust's highest 3-Year average Total Assets Growth Rate was 27.80%. The lowest was -9.60%. And the median was 6.10%.

Total Assets is connected with ROA %. Asia Dragon Trust's annualized ROA % for the quarter that ended in Feb. 2024 was 3.36%. Total Assets is also linked to Revenue through Asset Turnover. Asia Dragon Trust's Asset Turnover for the quarter that ended in Feb. 2024 was 0.02.

Asia Dragon Trust Total Assets Historical Data

The historical data trend for Asia Dragon 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.

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Asia Dragon Trust Total Assets Chart

Asia Dragon Trust Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Assets

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623.82

636.15

777.58

680.17

523.28

Asia Dragon Trust Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Assets	Get a 7-Day Free Trial															703.37	680.17	610.01	523.28	749.42

Asia Dragon 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.

Asia Dragon Trust's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets	=	Total Equity (A: Aug. 2023 )	+	Total Liabilities (A: Aug. 2023 )
	=	479.169	+	44.106
	=	523.28

Asia Dragon Trust's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets	=	Total Equity (Q: Feb. 2024 )	+	Total Liabilities (Q: Feb. 2024 )
	=	678.832	+	70.583
	=	749.42

Asia Dragon Trust (LSE:DGN) Total Assets Explanation

Total Assets is connected with ROA %.

Asia Dragon Trust's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	21.378	/	( (523.275	+	749.415)	/ 2 )
	=	21.378	/	636.345
	=	3.36 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2024) 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.

Asia Dragon Trust's Asset Turnover for the quarter that ended in Feb. 2024 is

	Asset Turnover
=	Revenue (Q: Feb. 2024 )	/	( (Total Assets (Q: Aug. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
=	13.8	/	( (523.275	+	749.415)	/ 2 )
=	13.8	/	636.345
=	0.02

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.

Asia Dragon Trust Total Assets Related Terms

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Asia Dragon Trust (LSE:DGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Dragon Trust PLC (LSE:DGN) » Definitions » Total Assets

Comparable Companies

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DGNl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.asiadragontrust.co.uk

Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defence, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. It measures the performance of its portfolio against MSCI All Country Asia (ex-Japan) Index.

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