Clough Global Opportunities Fund (Clough Global Opportunities Fund) Total Assets : $317.56 Mil (As of Oct. 2023)

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What is Clough Global Opportunities Fund Total Assets?

Clough Global Opportunities Fund's Total Assets for the quarter that ended in Oct. 2023 was $317.56 Mil.

During the past 12 months, Clough Global Opportunities Fund's average Total Assets Growth Rate was -44.70% per year. During the past 3 years, the average Total Assets Growth Rate was -17.30% per year. During the past 5 years, the average Total Assets Growth Rate was -7.80% per year. During the past 10 years, the average Total Assets Growth Rate was -12.70% per year.

During the past 13 years, Clough Global Opportunities Fund's highest 3-Year average Total Assets Growth Rate was 11.90%. The lowest was -26.70%. And the median was -11.90%.

Total Assets is connected with ROA %. Clough Global Opportunities Fund's annualized ROA % for the quarter that ended in Oct. 2023 was -7.73%. Total Assets is also linked to Revenue through Asset Turnover. Clough Global Opportunities Fund's Asset Turnover for the quarter that ended in Oct. 2023 was -0.04.

Clough Global Opportunities Fund Total Assets Historical Data

The historical data trend for Clough Global Opportunities Fund'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.

Clough Global Opportunities Fund Total Assets Chart

Clough Global Opportunities Fund Annual Data

Trend

Mar14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

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609.34

560.96

822.34

574.54

317.56

Clough Global Opportunities Fund Semi-Annual Data
	Mar14	Sep14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Assets	Get a 7-Day Free Trial															822.34	695.76	574.54	423.28	317.56

Clough Global Opportunities Fund 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.

Clough Global Opportunities Fund's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	222.689	+	94.873
	=	317.56

Clough Global Opportunities Fund's Total Assets for the quarter that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2023 )	+	Total Liabilities (Q: Oct. 2023 )
	=	222.689	+	94.873
	=	317.56

Clough Global Opportunities Fund (AMEX:GLO) Total Assets Explanation

Total Assets is connected with ROA %.

Clough Global Opportunities Fund's annualized ROA % for the quarter that ended in Oct. 2023 is

ROA %	=	Net Income (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
	=	-28.632	/	( (423.281	+	317.562)	/ 2 )
	=	-28.632	/	370.4215
	=	-7.73 %

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

Clough Global Opportunities Fund's Asset Turnover for the quarter that ended in Oct. 2023 is

	Asset Turnover
=	Revenue (Q: Oct. 2023 )	/	( (Total Assets (Q: Apr. 2023 )	+	Total Assets (Q: Oct. 2023 ))	/ count )
=	-13.214	/	( (423.281	+	317.562)	/ 2 )
=	-13.214	/	370.4215
=	-0.04

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.

Clough Global Opportunities Fund Total Assets Related Terms

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Clough Global Opportunities Fund (Clough Global Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clough Global Opportunities Fund (AMEX:GLO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1290 Broadway, Suite 1000, Denver, CO, USA, 80203

Website

https://www.cloughglobal.com

Clough Global Opportunities Fund is a closed-end management investment company based in the United States. Its investment objective is to provide a high level of total return. The fund invests in a mix of U.S. and non-U.S. equity and debt securities.

Executives

Charles Jr Clough	other: Person affiliated with Inv Adv	53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore	officer: Secretary	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen	officer: Treasurer	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p.	other: Investment Advisor of Fund	53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Michael Jason Hearle	other: Person affiliated with Inv Adv	53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally	other: Trustee	53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Lainey Ejiasa	officer: President	1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel	other: Assistant Treasurer	2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas	other: Secretary	1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson	officer: Treasurer	1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks	officer: Assistant Secretary	1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger	officer: Treasurer	1290 BROADWAY SUITE 1100, DENVER CO 80203
Kelly Mcewen	officer: Treasurer	5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio	other: Trustee	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Lucas D Foss	officer: Chief Compliance Officer	1290 BROADWAY SUITE 1100, DENVER CO 80203