During the past 12 months, ClearBridge Energy Midstream Opportunity Fund's average Total Assets Growth Rate was 99.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 40.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.70% per year.
During the past 8 years, ClearBridge Energy Midstream Opportunity Fund's highest 3-Year average Total Assets Growth Rate was 40.00%. The lowest was -23.00%. And the median was -11.20%.
* 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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ClearBridge Energy Midstream Opportunity Fund Total Assets Chart
ClearBridge Energy Midstream Opportunity Fund Annual Data
ClearBridge Energy Midstream Opportunity Fund 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.
* 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.
ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO) Total Assets Explanation
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.
ClearBridge Energy Midstream Opportunity Fund's Asset Turnover for the quarter that ended in Nov. 2024 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.
ClearBridge Energy Midstream Opportunity Fund Total Assets Related Terms
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ClearBridge Energy Midstream Opportunity Fund Business Description
ClearBridge Energy Midstream Opportunity Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to provide long-term investors with a high level of total return with an emphasis on cash distributions. The Fund considers investments in midstream entities as those entities that provide midstream services including the gathering, transporting, processing, fractionation, storing, refining, and distribution of oil, natural gas liquids and natural gas.
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