GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Pref&Inc Allocation (NYSE:DFP) » Definitions » Total Assets

Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Total Assets : $682.87 Mil (As of Nov. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Flaherty & Crumrine Pref&Inc Allocation Total Assets?

Flaherty & Crumrine Pref&Inc Allocation's Total Assets for the quarter that ended in Nov. 2023 was $682.87 Mil.

During the past 12 months, Flaherty & Crumrine Pref&Inc Allocation's average Total Assets Growth Rate was -3.30% per year. During the past 3 years, the average Total Assets Growth Rate was -3.60% per year. During the past 5 years, the average Total Assets Growth Rate was -0.70% per year.

During the past 7 years, Flaherty & Crumrine Pref&Inc Allocation's highest 3-Year average Total Assets Growth Rate was 5.50%. The lowest was -3.60%. And the median was -1.05%.

Total Assets is connected with ROA %. Flaherty & Crumrine Pref&Inc Allocation's annualized ROA % for the quarter that ended in Nov. 2023 was 8.36%. Total Assets is also linked to Revenue through Asset Turnover. Flaherty & Crumrine Pref&Inc Allocation's Asset Turnover for the quarter that ended in Nov. 2023 was 0.04.

Flaherty & Crumrine Pref&Inc Allocation Total Assets Historical Data

The historical data trend for Flaherty & Crumrine Pref&Inc Allocation'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.

* Premium members only.

Flaherty & Crumrine Pref&Inc Allocation Total Assets Chart

Flaherty & Crumrine Pref&Inc Allocation Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Assets
Get a 7-Day Free Trial 755.42 761.64 816.84 706.35 682.87

Flaherty & Crumrine Pref&Inc Allocation Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 816.84 748.69 706.35 667.65 682.87

Flaherty & Crumrine Pref&Inc Allocation 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.

Flaherty & Crumrine Pref&Inc Allocation's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (A: Nov. 2023 )+Total Liabilities (A: Nov. 2023 )
=404.559+278.314
=682.87

Flaherty & Crumrine Pref&Inc Allocation's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (Q: Nov. 2023 )+Total Liabilities (Q: Nov. 2023 )
=404.559+278.314
=682.87

* 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.

Flaherty & Crumrine Pref&Inc Allocation  (NYSE:DFP) Total Assets Explanation

Total Assets is connected with ROA %.

Flaherty & Crumrine Pref&Inc Allocation's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %=Net Income (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=56.422/( (667.653+682.873)/ 2 )
=56.422/675.263
=8.36 %

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.

Flaherty & Crumrine Pref&Inc Allocation's Asset Turnover for the quarter that ended in Nov. 2023 is

Asset Turnover
=Revenue (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=28.802/( (667.653+682.873)/ 2 )
=28.802/675.263
=0.04

* 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.

Flaherty & Crumrine Pref&Inc Allocation Total Assets Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Pref&Inc Allocation's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flaherty & Crumrine Pref&Inc Allocation (NYSE:DFP) » Definitions » Total Assets
Comparable Companies
KMF MCI FFA AVK VKI PPT LEO ETO BRW GCMG BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Website
https://www.preferredincome.com
Flaherty & Crumrine Pref&Inc Allocation is a diversified, closed-end management investment company. Its investment objective is to seek total return, with an emphasis on high current income.
Executives
Bradford S Stone officer: CFO and Treasurer, other: Affiliate of Inv. Adviser 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert E Chadwick officer: CFO, VP & Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell officer: CCO, VP and Secretary 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Morgan Gust director C/O COBIZ FINANCIAL INC., 821 SEVENTEENTH STREET, DENVER CO 80202
Donald F Crumrine director, officer: Chief Executive Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst-CompOfficer/Treas/Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert T. Flaherty other: Affiliated person Inv. Adviser 301 EAST COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101

Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Headlines