Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Total Assets : $239.04 Mil (As of Dec. 2023)

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What is Gabelli Healthcare & WellnessRx Trust Total Assets?

Gabelli Healthcare & WellnessRx Trust's Total Assets for the quarter that ended in Dec. 2023 was $239.04 Mil.

During the past 12 months, Gabelli Healthcare & WellnessRx Trust's average Total Assets Growth Rate was -3.90% per year. During the past 3 years, the average Total Assets Growth Rate was -5.90% per year. During the past 5 years, the average Total Assets Growth Rate was -3.00% per year.

During the past 7 years, Gabelli Healthcare & WellnessRx Trust's highest 3-Year average Total Assets Growth Rate was 8.80%. The lowest was -6.80%. And the median was -3.75%.

Total Assets is connected with ROA %. Gabelli Healthcare & WellnessRx Trust's annualized ROA % for the quarter that ended in Dec. 2023 was -3.47%. Total Assets is also linked to Revenue through Asset Turnover. Gabelli Healthcare & WellnessRx Trust's Asset Turnover for the quarter that ended in Dec. 2023 was -0.02.

Gabelli Healthcare & WellnessRx Trust Total Assets Historical Data

The historical data trend for Gabelli Healthcare & WellnessRx 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 Healthcare & WellnessRx Trust Total Assets Chart

Gabelli Healthcare & WellnessRx Trust Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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307.03

286.49

350.84

248.70

239.04

Gabelli Healthcare & WellnessRx Trust Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial								350.84	291.59	248.70	265.29	239.04

Gabelli Healthcare & WellnessRx 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 Healthcare & WellnessRx 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 )
	=	184.81	+	54.234
	=	239.04

Gabelli Healthcare & WellnessRx 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 )
	=	184.81	+	54.234
	=	239.04

Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) Total Assets Explanation

Total Assets is connected with ROA %.

Gabelli Healthcare & WellnessRx 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 )
	=	-8.75	/	( (265.292	+	239.044)	/ 2 )
	=	-8.75	/	252.168
	=	-3.47 %

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 Healthcare & WellnessRx 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 )
=	-3.965	/	( (265.292	+	239.044)	/ 2 )
=	-3.965	/	252.168
=	-0.02

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 Healthcare & WellnessRx Trust Total Assets Related Terms

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Gabelli Healthcare & WellnessRx Trust (Gabelli Healthcare & WellnessRx Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Healthcare & WellnessRx Trust (NYSE:GRX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.gabelli.com

Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least 80% of its assets in equity securities and income-producing securities of domestic & foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.

Executives

Mario J Gabelli	director	191 MASON STREET, GREENWICH CT 06830
Agnes Mullady	director	ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Leslie Fahrenkopf Foley	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Jonas Jeffrey J. Jr	director	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn	director
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
Joseph H Egan	officer: Treasurer	ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert	officer: Acting President/Treasurer	C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Thomas E Bratter	director	ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza	director	810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Gpj Retirement Partners, Llc	other: Limited Liability Company	1 CORPORATE CENTER, RYE NY 10580
Mjg Iv Limited Partnership	other: Limited Partnership