Eagle Point Credit Co (Eagle Point Credit Co) Total Assets : $954.49 Mil (As of Dec. 2023)

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What is Eagle Point Credit Co Total Assets?

Eagle Point Credit Co's Total Assets for the quarter that ended in Dec. 2023 was $954.49 Mil.

During the past 12 months, Eagle Point Credit Co's average Total Assets Growth Rate was 29.10% per year. During the past 3 years, the average Total Assets Growth Rate was 21.40% per year. During the past 5 years, the average Total Assets Growth Rate was 15.50% per year.

During the past 7 years, Eagle Point Credit Co's highest 3-Year average Total Assets Growth Rate was 21.40%. The lowest was 0.60%. And the median was 16.70%.

Total Assets is connected with ROA %. Eagle Point Credit Co's annualized ROA % for the quarter that ended in Dec. 2023 was 20.97%. Total Assets is also linked to Revenue through Asset Turnover. Eagle Point Credit Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.11.

Eagle Point Credit Co Total Assets Historical Data

The historical data trend for Eagle Point Credit Co'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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Eagle Point Credit Co Total Assets Chart

Eagle Point Credit Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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474.76

512.59

768.04

760.15

954.49

Eagle Point Credit Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial								768.04	691.65	760.15	785.46	954.49

Eagle Point Credit Co 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.

Eagle Point Credit Co'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 )
	=	735.777	+	218.717
	=	954.49

Eagle Point Credit Co'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 )
	=	735.777	+	218.717
	=	954.49

Eagle Point Credit Co (NYSE:ECCC.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Eagle Point Credit Co'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 )
	=	182.468	/	( (785.461	+	954.494)	/ 2 )
	=	182.468	/	869.9775
	=	20.97 %

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.

Eagle Point Credit Co'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 )
=	92.798	/	( (785.461	+	954.494)	/ 2 )
=	92.798	/	869.9775
=	0.11

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.

Eagle Point Credit Co Total Assets Related Terms

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