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Fiduciary/Claymore Energy Infrastructure Fund (Fiduciary/Claymore Energy Infrastructure Fund) Asset Turnover : -0.02 (As of Nov. 2021)


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What is Fiduciary/Claymore Energy Infrastructure Fund Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fiduciary/Claymore Energy Infrastructure Fund's Revenue for the six months ended in Nov. 2021 was $-2.27 Mil. Fiduciary/Claymore Energy Infrastructure Fund's Total Assets for the quarter that ended in Nov. 2021 was $101.53 Mil. Therefore, Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover for the quarter that ended in Nov. 2021 was -0.02.

Asset Turnover is linked to ROE % through Du Pont Formula. Fiduciary/Claymore Energy Infrastructure Fund's annualized ROE % for the quarter that ended in Nov. 2021 was -3.64%. It is also linked to ROA % through Du Pont Formula. Fiduciary/Claymore Energy Infrastructure Fund's annualized ROA % for the quarter that ended in Nov. 2021 was -3.08%.


Fiduciary/Claymore Energy Infrastructure Fund Asset Turnover Historical Data

The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover 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.

Fiduciary/Claymore Energy Infrastructure Fund Asset Turnover Chart

Fiduciary/Claymore Energy Infrastructure Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Asset Turnover
-0.07 0.02 -0.10 -0.72 0.37

Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21
Asset Turnover Get a 7-Day Free Trial Premium Member Only -0.12 -0.69 -0.03 0.39 -0.02

Competitive Comparison of Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover

For the Asset Management subindustry, Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover falls into.



Fiduciary/Claymore Energy Infrastructure Fund Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover for the fiscal year that ended in Nov. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Nov. 2021 )/( (Total Assets (A: Nov. 2020 )+Total Assets (A: Nov. 2021 ))/ count )
=33.818/( (81.947+98.686)/ 2 )
=33.818/90.3165
=0.37

Fiduciary/Claymore Energy Infrastructure Fund's Asset Turnover for the quarter that ended in Nov. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2021 )/( (Total Assets (Q: May. 2021 )+Total Assets (Q: Nov. 2021 ))/ count )
=-2.269/( (104.368+98.686)/ 2 )
=-2.269/101.527
=-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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Fiduciary/Claymore Energy Infrastructure Fund's annulized ROE % for the quarter that ended in Nov. 2021 is

ROE %**(Q: Nov. 2021 )
=Net Income/Total Stockholders Equity
=-3.122/85.6805
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.122 / -4.538)*(-4.538 / 101.527)*(101.527/ 85.6805)
=Net Margin %*Asset Turnover*Equity Multiplier
=68.8 %*-0.0447*1.1849
=ROA %*Equity Multiplier
=-3.08 %*1.1849
=-3.64 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2021) net income data. The Revenue data used here is two times the semi-annual (Nov. 2021) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Fiduciary/Claymore Energy Infrastructure Fund's annulized ROA % for the quarter that ended in Nov. 2021 is

ROA %(Q: Nov. 2021 )
=Net Income/Total Assets
=-3.122/101.527
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.122 / -4.538)*(-4.538 / 101.527)
=Net Margin %*Asset Turnover
=68.8 %*-0.0447
=-3.08 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2021) net income data. The Revenue data used here is two times the semi-annual (Nov. 2021) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Fiduciary/Claymore Energy Infrastructure Fund Asset Turnover Related Terms

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Fiduciary/Claymore Energy Infrastructure Fund (Fiduciary/Claymore Energy Infrastructure Fund) Business Description

Traded in Other Exchanges
N/A
Address
227 West Monroe Street, Chicago, IL, USA, 60606
Fiduciary/Claymore Energy Infrastructure Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders.
Executives
Matthew Sallee other: Portfolio Manager 5100 W. 115TH PLACE, LEAWOOD KS 66211
Toupin Ronald E Jr director, other: Trustee 117 ASHLAND AVENUE, RIVER FOREST IL 60305
Sandra G Sponem director, other: Trustee 800 NICOLLET MALL, J1012057, MINNEAPOLIS MN 55402-7020
Lydon Thomas F Jr director, other: Trustee
Angela Brock-kyle director, other: Trustee 3700 COLONNADE PARKWAY, BIRMINGHAM AL 35243
Quinn Thomas Kiley other: Portfolio Manager 8235 FORSYTH BOULEVARD, SUITE 700, CLAYTON MO 63105
William Rehder officer: Assistant Vice President 227 W MONROE STREET, CHICAGO IL 60606
Jon Szafran officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Brian E. Binder officer: President and CEO C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Cunnane James J Jr other: portfolio manager FIDUCIARY ASSET MANAGEMENT LLC, 8112 MARYLAND AVE, SUITE 200, ST. LOUIS MO 63105
Maynard F. Oliverius director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60532
Keith David Kemp officer: Assistant Treasurer MACQUARIE FUND ADVISER LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Glenn Mcwhinnie officer: Assistant Treasurer 227 W. MONROE STREET, CHICAGO IL 60606
Adam J Nelson officer: Assistant Treasurer 227 WEST MONROE STREET, CHICAGO IL 60606

Fiduciary/Claymore Energy Infrastructure Fund (Fiduciary/Claymore Energy Infrastructure Fund) Headlines