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Brookfield Real Assetsome Fund (Brookfield Real Assetsome Fund) Asset Turnover : 0.06 (As of Dec. 2023)


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What is Brookfield Real Assetsome 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. Brookfield Real Assetsome Fund's Revenue for the six months ended in Dec. 2023 was $58.46 Mil. Brookfield Real Assetsome Fund's Total Assets for the quarter that ended in Dec. 2023 was $1,000.86 Mil. Therefore, Brookfield Real Assetsome Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. Brookfield Real Assetsome Fund's annualized ROE % for the quarter that ended in Dec. 2023 was 13.74%. It is also linked to ROA % through Du Pont Formula. Brookfield Real Assetsome Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 11.39%.


Brookfield Real Assetsome Fund Asset Turnover Historical Data

The historical data trend for Brookfield Real Assetsome 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.

Brookfield Real Assetsome Fund Asset Turnover Chart

Brookfield Real Assetsome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 0.12 -0.03 0.08 -0.09 0.08

Brookfield Real Assetsome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 -0.09 - 0.02 0.06

Competitive Comparison of Brookfield Real Assetsome Fund's Asset Turnover

For the Asset Management subindustry, Brookfield Real Assetsome 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.


Brookfield Real Assetsome Fund's Asset Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brookfield Real Assetsome Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Brookfield Real Assetsome Fund's Asset Turnover falls into.



Brookfield Real Assetsome Fund Asset Turnover Calculation

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

Brookfield Real Assetsome Fund's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=84.873/( (1186.602+1003.564)/ 2 )
=84.873/1095.083
=0.08

Brookfield Real Assetsome Fund's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=58.46/( (998.153+1003.564)/ 2 )
=58.46/1000.8585
=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.

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.


Brookfield Real Assetsome Fund  (NYSE:RA) Asset Turnover Explanation

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

Brookfield Real Assetsome Fund's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=113.948/829.5425
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(113.948 / 116.92)*(116.92 / 1000.8585)*(1000.8585/ 829.5425)
=Net Margin %*Asset Turnover*Equity Multiplier
=97.46 %*0.1168*1.2065
=ROA %*Equity Multiplier
=11.39 %*1.2065
=13.74 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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:

Brookfield Real Assetsome Fund's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=113.948/1000.8585
=(Net Income / Revenue)*(Revenue / Total Assets)
=(113.948 / 116.92)*(116.92 / 1000.8585)
=Net Margin %*Asset Turnover
=97.46 %*0.1168
=11.39 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) 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.


Brookfield Real Assetsome Fund Asset Turnover Related Terms

Thank you for viewing the detailed overview of Brookfield Real Assetsome Fund's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Real Assetsome Fund (Brookfield Real Assetsome Fund) Business Description

Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023
Brookfield Real Assets Income Fund Inc. is a diversified, closed-end management investment company. Its investment objective is to seek a high total return, through high current income and secondarily, through the growth of capital. The Fund seeks to achieve its investment objective by investing in the real asset class, which includes the following: Real Estate Securities; Infrastructure Securities; and Natural Resources Securities (collectively, Real Asset Companies and Issuers). The Firm manages separate accounts, registered funds, and opportunistic strategies for institutional and individual clients, including financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds, and high-net-worth investors.
Executives
Heather S. Goldman director C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY STREET, 15FL, NEW YORK NY 10281-1023
Christopher Janus other: PORTFOLIO MANAGER BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15FL,, NEW YORK NY 10281
Gaal Isaac Surugeon other: PORTFOLIO MANAGER C/O BROOKFIELD PUBLIC SECURITIES GROUP, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Louis P Salvatore director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Brookfield Investment Management Inc. other: Fund's Adviser BROOKFIELD PLACE, 225 LIBERTY STREET, 43RD FLOOR, NEW YORK NY 10281
Justin Charles Guichard other: Portfolio Manager 333 S. GRAND AVE., 28TH FL, LOS ANGELES CA 90071
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
Craig Noble other: CEO & PM of the Adviser C/O BROOKFIELD INVESTMENT MANAGEMENT INC, BROOKFIELD PLACE, 250 VESEY ST, 15TH FL, NEW YORK NY 10281-1023
Craig Ruckman officer: Fund's Secretary 1633 BROADWAY, NEW YORK NY 10019
Daniel Gary Parker other: Portfolio Manager BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY STREET, 15TH, NEW YORK NY 10281-1023
Alexis I Rieger officer: Secretary C/O BROOKFIELD INVESTMENT MANAGAMNET INC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281-1023
Thomas Doyle Peeney officer: Secretary BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Brian Thomas Hourihan other: Adviser's CCO BROOKFIELD INVESTMENT MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Casey Tushaus officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281
Mohamed Rasul officer: Fund's Assistant Treasurer BROOKFIELD PUBLIC SECURITIES GROUP LLC, BROOKFIELD PLACE, 250 VESEY ST., 15TH FL, NEW YORK NY 10281

Brookfield Real Assetsome Fund (Brookfield Real Assetsome Fund) Headlines