Dividend 15 Split II (Dividend 15 Split II) Total Assets : $341.54 Mil (As of Nov. 2022)

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What is Dividend 15 Split II Total Assets?

Dividend 15 Split II's Total Assets for the quarter that ended in Nov. 2022 was $341.54 Mil.

During the past 12 months, Dividend 15 Split II's average Total Assets Growth Rate was -18.00% per year. During the past 3 years, the average Total Assets Growth Rate was 23.60% per year. During the past 5 years, the average Total Assets Growth Rate was 13.20% per year. During the past 10 years, the average Total Assets Growth Rate was 10.60% per year.

During the past 13 years, Dividend 15 Split II's highest 3-Year average Total Assets Growth Rate was 40.70%. The lowest was -15.00%. And the median was 2.20%.

Total Assets is connected with ROA %. Dividend 15 Split II's annualized ROA % for the quarter that ended in Nov. 2022 was -4.92%. Total Assets is also linked to Revenue through Asset Turnover. Dividend 15 Split II's Asset Turnover for the quarter that ended in Nov. 2022 was -0.02.

Dividend 15 Split II Total Assets Historical Data

The historical data trend for Dividend 15 Split II'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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Dividend 15 Split II Total Assets Chart

Dividend 15 Split II Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Assets

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189.36

142.64

299.41

341.54

252.58

Dividend 15 Split II Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	Nov23
Total Assets	Get a 7-Day Free Trial															179.92	299.41	377.27	341.54	252.58

Dividend 15 Split II 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.

Dividend 15 Split II'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 )
	=	69.643	+	182.936
	=	252.58

Dividend 15 Split II's Total Assets for the quarter that ended in Nov. 2022 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2022 )	+	Total Liabilities (Q: Nov. 2022 )
	=	107.937	+	233.597
	=	341.53

Dividend 15 Split II (OTCPK:DVDDF) Total Assets Explanation

Total Assets is connected with ROA %.

Dividend 15 Split II's annualized ROA % for the quarter that ended in Nov. 2022 is

ROA %	=	Net Income (Q: Nov. 2022 )	/	( (Total Assets (Q: May. 2022 )	+	Total Assets (Q: Nov. 2022 ))	/ count )
	=	-17.688	/	( (377.267	+	341.535)	/ 2 )
	=	-17.688	/	359.401
	=	-4.92 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2022) 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 II's Asset Turnover for the quarter that ended in Nov. 2022 is

	Asset Turnover
=	Revenue (Q: Nov. 2022 )	/	( (Total Assets (Q: May. 2022 )	+	Total Assets (Q: Nov. 2022 ))	/ count )
=	-8.506	/	( (377.267	+	341.535)	/ 2 )
=	-8.506	/	359.401
=	-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.

Dividend 15 Split II Total Assets Related Terms

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Dividend 15 Split II (Dividend 15 Split II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend 15 Split Corp II (OTCPK:DVDDF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

DF.PR.A.PFD:Canada DF:Canada

Address

200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.quadravest.com

Dividend 15 Split Corp II is a Canadian-based mutual fund corporation. The company invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. Its investment objective for preferred shareholders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share.

Dividend 15 Split II (Dividend 15 Split II) Headlines

From GuruFocus

DIVIDEND 15 SPLIT CORP. II Financial Results to May 31, 2021

By GlobeNewswire GlobeNewswire • 07-24-2021

Dividend 15 Split Corp. II Financial Results to November 30, 2022

By GlobeNewswire GlobeNewswire • 02-24-2023