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Allbanc Split (TSX:ABK.PR.C.PFD) Total Assets : C$51.44 Mil (As of Aug. 2017)


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What is Allbanc Split Total Assets?

Allbanc Split's Total Assets for the quarter that ended in Aug. 2017 was C$51.44 Mil.

During the past 13 years, Allbanc Split's highest 3-Year average Total Assets Growth Rate was 1.70%. The lowest was 0.00%. And the median was -11.10%.

Total Assets is connected with ROA %. Allbanc Split's annualized ROA % for the quarter that ended in Aug. 2017 was -13.19%. Total Assets is also linked to Revenue through Asset Turnover. Allbanc Split's Asset Turnover for the quarter that ended in Aug. 2017 was -0.06.


Allbanc Split Total Assets Historical Data

The historical data trend for Allbanc Split'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.

Allbanc Split Total Assets Chart

Allbanc Split Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.98 82.36 53.69 53.59 55.50

Allbanc Split Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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 51.69 53.59 52.73 55.50 51.44

Allbanc Split 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.

Allbanc Split's Total Assets for the fiscal year that ended in Feb. 2017 is calculated as

Total Assets=Total Equity (A: Feb. 2017 )+Total Liabilities (A: Feb. 2017 )
=38.85+16.645
=55.50

Allbanc Split's Total Assets for the quarter that ended in Aug. 2017 is calculated as

Total Assets=Total Equity (Q: Aug. 2017 )+Total Liabilities (Q: Aug. 2017 )
=34.793+16.644
=51.44

* 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.


Allbanc Split  (TSX:ABK.PR.C.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Allbanc Split's annualized ROA % for the quarter that ended in Aug. 2017 is

ROA %=Net Income (Q: Aug. 2017 )/( (Total Assets (Q: Feb. 2017 )+Total Assets (Q: Aug. 2017 ))/ count )
=-7.052/( (55.495+51.437)/ 2 )
=-7.052/53.466
=-13.19 %

Note: The Net Income data used here is two times the semi-annual (Aug. 2017) 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.

Allbanc Split's Asset Turnover for the quarter that ended in Aug. 2017 is

Asset Turnover
=Revenue (Q: Aug. 2017 )/( (Total Assets (Q: Feb. 2017 )+Total Assets (Q: Aug. 2017 ))/ count )
=-3.024/( (55.495+51.437)/ 2 )
=-3.024/53.466
=-0.06

* 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.

Allbanc Split Total Assets Related Terms

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Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

Allbanc Split (TSX:ABK.PR.C.PFD) Headlines

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