MFS Municipalome Trust's Total Assets for the quarter that ended in Oct. 2023 was $336.58 Mil.
During the past 12 months, MFS Municipalome Trust's average Total Assets Growth Rate was -1.20% per year.
During the past 3 years, the average Total Assets Growth Rate was -6.20% per year.
During the past 5 years, the average Total Assets Growth Rate was -4.70% per year.
During the past 7 years, MFS Municipalome Trust's highest 3-Year average Total Assets Growth Rate was 0.80%. The lowest was -7.30%. And the median was -3.90%.
Total Assets is connected with ROA %. MFS Municipalome Trust's annualizedROA % for the quarter that ended in Oct. 2023 was -13.95%. Total Assets is also linked to Revenue through Asset Turnover. MFS Municipalome Trust's Asset Turnover for the quarter that ended in Oct. 2023 was -0.07.
MFS Municipalome Trust Total Assets Historical Data
The historical data trend for MFS Municipalome 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.
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.
MFS Municipalome Trust's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as
* 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.
MFS Municipalome Trust (NYSE:MFM) Total Assets Explanation
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.
MFS Municipalome Trust's Asset Turnover for the quarter that ended in Oct. 2023 is
* 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.
MFS Municipalome Trust Total Assets Related Terms
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MFS Municipalome Trust (MFS Municipalome Trust) Business Description
MFS Municipal Income Trust is a diversified closed-end management investment company. Its investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The fund invests a majority of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds.
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