DVVDF (Dividend Select 15) Total Assets : $39.32 Mil (As of Nov. 2024)

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What is Dividend Select 15 Total Assets?

Dividend Select 15's Total Assets for the quarter that ended in Nov. 2024 was $39.32 Mil.

During the past 12 months, Dividend Select 15's average Total Assets Growth Rate was 2.20% per year. During the past 3 years, the average Total Assets Growth Rate was 2.90% per year. During the past 5 years, the average Total Assets Growth Rate was 0.80% per year. During the past 10 years, the average Total Assets Growth Rate was -5.60% per year.

During the past 13 years, Dividend Select 15's highest 3-Year average Total Assets Growth Rate was 8.00%. The lowest was -19.10%. And the median was -1.50%.

Total Assets is connected with ROA %. Dividend Select 15's annualized ROA % for the quarter that ended in Nov. 2024 was 27.15%. Total Assets is also linked to Revenue through Asset Turnover. Dividend Select 15's Asset Turnover for the quarter that ended in Nov. 2024 was 0.13.

Dividend Select 15 Total Assets Historical Data

The historical data trend for Dividend Select 15'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.

Dividend Select 15 Total Assets Chart

Dividend Select 15 Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Total Assets

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31.70

36.89

45.05

39.29

39.32

Dividend Select 15 Semi-Annual Data
	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Total Assets	Get a 7-Day Free Trial															45.05	-	39.29	36.68	39.32

Dividend Select 15 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 Select 15's Total Assets for the fiscal year that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (A: Nov. 2024 )	+	Total Liabilities (A: Nov. 2024 )
	=	38.874	+	0.449
	=	39.32

Dividend Select 15's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2024 )	+	Total Liabilities (Q: Nov. 2024 )
	=	38.874	+	0.449
	=	39.32

Dividend Select 15 (OTCPK:DVVDF) Total Assets Explanation

Total Assets is connected with ROA %.

Dividend Select 15's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %	=	Net Income (Q: Nov. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
	=	10.316	/	( (36.677	+	39.322)	/ 2 )
	=	10.316	/	37.9995
	=	27.15 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2024) 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 Select 15's Asset Turnover for the quarter that ended in Nov. 2024 is

	Asset Turnover
=	Revenue (Q: Nov. 2024 )	/	( (Total Assets (Q: May. 2024 )	+	Total Assets (Q: Nov. 2024 ))	/ count )
=	5.071	/	( (36.677	+	39.322)	/ 2 )
=	5.071	/	37.9995
=	0.13

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 Select 15 Total Assets Related Terms

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Dividend Select 15 Business Description

Industry

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

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DS:Canada

Address

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

Website

https://www.dividendselect15.com

Dividend Select 15 Corp is a mutual fund corporation based in Canada. Its investment objective is to provide equity shareholders with monthly cash distributions, currently targeted to be at a rate of 10 percent annualized based on the volume-weighted average market price of the Equity shares for the last three trading days of the preceding month; and the opportunity for capital appreciation. The company invests in an actively managed portfolio of common shares of fifteen core large-capitalization, Canadian companies selected from a portfolio universe of over twenty companies. It employs an active covered call writing program to enhance the income earned from the portfolio.

Dividend Select 15 Headlines

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Dividend Select 15 Corp. Financial Results to May 31, 2024

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Dividend Select 15 Corp. Financial Results to May 31, 2021

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