Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Total Assets : $127.26 Mil (As of Dec. 2023)

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What is Gabelli Global Utility &ome Trust Total Assets?

Gabelli Global Utility &ome Trust's Total Assets for the quarter that ended in Dec. 2023 was $127.26 Mil.

During the past 12 months, Gabelli Global Utility &ome Trust's average Total Assets Growth Rate was -18.70% per year. During the past 3 years, the average Total Assets Growth Rate was -9.20% per year. During the past 5 years, the average Total Assets Growth Rate was -4.90% per year. During the past 10 years, the average Total Assets Growth Rate was 1.10% per year.

During the past 13 years, Gabelli Global Utility &ome Trust's highest 3-Year average Total Assets Growth Rate was 32.70%. The lowest was -9.20%. And the median was 5.70%.

Total Assets is connected with ROA %. Gabelli Global Utility &ome Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 0.77%. Total Assets is also linked to Revenue through Asset Turnover. Gabelli Global Utility &ome Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Gabelli Global Utility &ome Trust Total Assets Historical Data

The historical data trend for Gabelli Global Utility &ome 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.

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Gabelli Global Utility &ome Trust Total Assets Chart

Gabelli Global Utility &ome Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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176.58

169.72

175.40

156.56

127.26

Gabelli Global Utility &ome Trust Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															175.40	162.17	156.56	154.74	127.26

Gabelli Global Utility &ome 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.

Gabelli Global Utility &ome Trust'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 )
	=	88.75	+	38.514
	=	127.26

Gabelli Global Utility &ome Trust'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 )
	=	88.75	+	38.514
	=	127.26

Gabelli Global Utility &ome Trust (AMEX:GLU.PRA.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Gabelli Global Utility &ome Trust'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 )
	=	1.084	/	( (154.741	+	127.264)	/ 2 )
	=	1.084	/	141.0025
	=	0.77 %

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.

Gabelli Global Utility &ome Trust'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 )
=	0.845	/	( (154.741	+	127.264)	/ 2 )
=	0.845	/	141.0025
=	0.01

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.

Gabelli Global Utility &ome Trust Total Assets Related Terms

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Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Global Utility & Income Trust (AMEX:GLU.PRA.PFD) » Definitions » Total Assets

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GLU.PRB.PFD:USA GLU:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. The Fund's objective is to seek a consistent level of after-tax total return. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.

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