GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Floating-rate Income Trust (NYSE:EFT) » Definitions » Total Assets

Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Total Assets

: $571.76 Mil (As of Nov. 2023)
View and export this data going back to . Start your Free Trial

Eaton Vance Floating-rateome Trust's Total Assets for the quarter that ended in Nov. 2023 was $571.76 Mil.

During the past 12 months, Eaton Vance Floating-rateome Trust's average Total Assets Growth Rate was -2.30% per year. During the past 3 years, the average Total Assets Growth Rate was -10.90% per year. During the past 5 years, the average Total Assets Growth Rate was -10.40% per year.

During the past 6 years, Eaton Vance Floating-rateome Trust's highest 3-Year average Total Assets Growth Rate was -1.80%. The lowest was -13.20%. And the median was -10.90%.

Total Assets is connected with ROA %. Eaton Vance Floating-rateome Trust's annualized ROA % for the quarter that ended in Nov. 2023 was 11.07%. Total Assets is also linked to Revenue through Asset Turnover. Eaton Vance Floating-rateome Trust's Asset Turnover for the quarter that ended in Nov. 2023 was 0.06.

Eaton Vance Floating-rateome Trust Total Assets Historical Data

The historical data trend for Eaton Vance Floating-rateome 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.

Eaton Vance Floating-rateome Trust Annual Data
Trend May18 May19 May20 May21 May22 May23
Total Assets
Premium Member Only 945.72 810.01 938.63 620.37 580.57

Eaton Vance Floating-rateome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 668.99 620.37 582.08 580.57 571.76

Eaton Vance Floating-rateome 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.

Eaton Vance Floating-rateome Trust's Total Assets for the fiscal year that ended in May. 2023 is calculated as

Total Assets=Total Equity (A: May. 2023 )+Total Liabilities (A: May. 2023 )
=369.557+211.01
=580.57

Eaton Vance Floating-rateome Trust's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (Q: Nov. 2023 )+Total Liabilities (Q: Nov. 2023 )
=344.797+226.962
=571.76

* 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.

Eaton Vance Floating-rateome Trust  (NYSE:EFT) Total Assets Explanation

Total Assets is connected with ROA %.

Eaton Vance Floating-rateome Trust's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %=Net Income (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=63.796/( (580.567+571.759)/ 2 )
=63.796/576.163
=11.07 %

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

Eaton Vance Floating-rateome Trust's Asset Turnover for the quarter that ended in Nov. 2023 is

Asset Turnover
=Revenue (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=32.204/( (580.567+571.759)/ 2 )
=32.204/576.163
=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.

Eaton Vance Floating-rateome Trust Total Assets Related Terms

Thank you for viewing the detailed overview of Eaton Vance Floating-rateome Trust's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Eaton Vance Floating-rateome Trust (Eaton Vance Floating-rateome Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Floating-rate Income Trust (NYSE:EFT) » Definitions » Total Assets
Comparable Companies
GBAB MUA EFR FSD HIO EAD CHW HPI SDHY MYN BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
Two International Place, Boston, MA, USA, 02110
Website
https://www.eatonvance.com
Eaton Vance Floating-rate Income Trust is a closed-end management investment company. The company's objective is to provide a high level of current income and its secondary objective is capital appreciation.
Executives
Kenneth A Topping officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Anchal Pachnanda officer: Officer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Sarah Anne Choi other: Portfolio Manager TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser other: Trustee WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger officer: Secretary TWO INTERNATIONAL PLACE, BOSTON MA 02110
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Deidre E Walsh officer: Vice President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein officer: President TWO INTERNATIONAL PLACE, BOSTON MA 02110
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Catherine Mcdermott other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109
Andrew Sveen other: Portfolio Manager 255 STATE STREET, BOSTON MA 02109