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European Assets Trust (LSE:EAT) Total Assets : £380.22 Mil (As of Dec. 2023)


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What is European Assets Trust Total Assets?

European Assets Trust's Total Assets for the quarter that ended in Dec. 2023 was £380.22 Mil.

During the past 12 months, European Assets Trust's average Total Assets Growth Rate was 9.90% per year. During the past 3 years, the average Total Assets Growth Rate was -9.00% per year. During the past 5 years, the average Total Assets Growth Rate was -1.10% per year. During the past 10 years, the average Total Assets Growth Rate was 6.60% per year.

During the past 13 years, European Assets Trust's highest 3-Year average Total Assets Growth Rate was 43.80%. The lowest was -9.00%. And the median was 9.20%.

Total Assets is connected with ROA %. European Assets Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 2.93%. Total Assets is also linked to Revenue through Asset Turnover. European Assets Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.


European Assets Trust Total Assets Historical Data

The historical data trend for European Assets 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.

European Assets Trust Total Assets Chart

European Assets Trust 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 418.22 505.17 550.78 357.28 380.22

European Assets Trust 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 550.78 365.21 357.28 372.59 380.22

European Assets 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.

European Assets Trust'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 )
=353.996+26.222
=380.22

European Assets Trust'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 )
=353.996+26.222
=380.22

* 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.


European Assets Trust  (LSE:EAT) Total Assets Explanation

Total Assets is connected with ROA %.

European Assets Trust'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 )
=11.032/( (372.59+380.218)/ 2 )
=11.032/376.404
=2.93 %

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.

European Assets Trust'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 )
=6.173/( (372.59+380.218)/ 2 )
=6.173/376.404
=0.02

* 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.

European Assets Trust Total Assets Related Terms

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European Assets Trust (LSE:EAT) Business Description

Traded in Other Exchanges
Address
Primrose Street, Exchange House, London, GBR, EC2A 2NY
European Assets Trust PLC is a UK-based closed-end investment company. The company principal objective is to achieve long-term growth of capital through investment in quoted small and medium sized companies in Europe, excluding the United Kingdom. A high distribution policy has been adopted with dividends paid out of current year revenue profits and the Distributable Reserve. It maintains a diversified portfolio of investments across all sectors including financials, industrials, consumer goods, consumer services, healthcare, technology, and basic materials.