Switch to:
Kayne Anderson Energy Development Co  (NYSE:KED) Total Assets: $392.95 Mil (As of Aug. 2015)

Kayne Anderson Energy Development Co's total assets for the quarter that ended in Aug. 2015 was $392.95 Mil.

Total Assets is connected with ROA %. Kayne Anderson Energy Development Co's annualized ROA % for the quarter that ended in Aug. 2015 was -45.79%. Total Assets is also linked to Revenue through Asset Turnover. Kayne Anderson Energy Development Co's Asset Turnover for the quarter that ended in Aug. 2015 was 0.00.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Kayne Anderson Energy Development Co Annual Data

Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14
Total Assets Premium Member Only Premium Member Only Premium Member Only 280.62 330.24 347.06 477.24 551.31

Kayne Anderson Energy Development Co Quarterly Data

Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 644.26 551.31 468.65 461.28 392.95

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


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.

Kayne Anderson Energy Development Co's Total Assets for the fiscal year that ended in Nov. 2014 is calculated as

Total Assets=Total Equity (A: Nov. 2014 )+Total Liabilities (A: Nov. 2014 )
=348.496+202.817
=551.31

Kayne Anderson Energy Development Co's Total Assets for the quarter that ended in Aug. 2015 is calculated as

Total Assets=Total Equity (Q: Aug. 2015 )+Total Liabilities (Q: Aug. 2015 )
=247.504+145.442
=392.95

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Total Assets is connected with Return on Assets.

{COMPANY->company}'s annualized ROA % for the quarter that ended in Aug. 2015 is

ROA %=Net Income (Q: Aug. 2015 )/( (Total Assets (Q: May. 2015 )+Total Assets (Q: Aug. 2015 ))/ 2 )
=-195.596/( (461.284+392.946)/ 2 )
=-195.596/427.115
=-45.79 %

Note: The Net Income data used here is four times the quarterly (Aug. 2015) net income 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.

Kayne Anderson Energy Development Co's Asset Turnover for the quarter that ended in Aug. 2015 is

Asset Turnover
=Sales/Average Total Assets
=Revenue (Q: Aug. 2015 )/( (Total Assets (Q: May. 2015 )+Total Assets (Q: Aug. 2015 ))/ 2 )
=0.614/( (461.284+392.946)/ 2 )
=0.614/427.115
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Therefore, if a company grows its assets faster than its sales, the asset turnover will decline. This might be a warning sign for the business.

Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK