Dividend 15 Split's Total Assets for the quarter that ended in Nov. 2023 was C$1,796.91 Mil.
During the past 12 months, Dividend 15 Split's average Total Assets Growth Rate was 3.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 23.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 17.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 15.40% per year.
During the past 13 years, Dividend 15 Split's highest 3-Year average Total Assets Growth Rate was 483.40%. The lowest was -82.60%. And the median was 16.80%.
The historical data trend for Dividend 15 Split'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.
Dividend 15 Split's Total Assets for the fiscal year that ended in Nov. 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.
Dividend 15 Split (TSX:DFN.PR.A.PFD) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Nov. 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.
Dividend 15 Split's Asset Turnover for the quarter that ended in Nov. 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.
Dividend 15 Split Total Assets Related Terms
Thank you for viewing the detailed overview of Dividend 15 Split's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Dividend 15 Split (TSX:DFN.PR.A.PFD) Business Description
Dividend 15 Split Corp is a Canadian mutual fund corporation. It aims to pay monthly cash dividends. The company invests in a portfolio of dividend-yielding, high-quality Canadian companies. It offers two types of shares i.e. class A shares and preferred shares. The company's investment objectives are to provide holders of preferred shares with fixed cumulative preferential monthly cash dividends as well as to provide holders of Class A shares with regular monthly cash distribution.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSX:DFN.PR.A.PFD has been successfully added to your 