Biotech Growth Trust (The) (LSE:BIOG) Total Assets : £411.42 Mil (As of Mar. 2024)

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What is Biotech Growth Trust (The) Total Assets?

Biotech Growth Trust (The)'s Total Assets for the quarter that ended in Mar. 2024 was £411.42 Mil.

During the past 12 months, Biotech Growth Trust (The)'s average Total Assets Growth Rate was 14.40% per year. During the past 3 years, the average Total Assets Growth Rate was -14.20% per year. During the past 5 years, the average Total Assets Growth Rate was -2.90% per year. During the past 10 years, the average Total Assets Growth Rate was -0.90% per year.

During the past 13 years, Biotech Growth Trust (The)'s highest 3-Year average Total Assets Growth Rate was 53.60%. The lowest was -14.20%. And the median was 18.15%.

Total Assets is connected with ROA %. Biotech Growth Trust (The)'s annualized ROA % for the quarter that ended in Mar. 2024 was 49.10%. Total Assets is also linked to Revenue through Asset Turnover. Biotech Growth Trust (The)'s Asset Turnover for the quarter that ended in Mar. 2024 was 0.25.

Biotech Growth Trust (The) Total Assets Historical Data

The historical data trend for Biotech Growth Trust (The)'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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Biotech Growth Trust (The) Total Assets Chart

Biotech Growth Trust (The) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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401.19

649.53

427.45

360.51

411.42

Biotech Growth Trust (The) Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															427.45	448.49	360.51	308.21	411.42

Biotech Growth Trust (The) 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.

Biotech Growth Trust (The)'s Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	361.307	+	50.113
	=	411.42

Biotech Growth Trust (The)'s Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	361.307	+	50.113
	=	411.42

Biotech Growth Trust (The) (LSE:BIOG) Total Assets Explanation

Total Assets is connected with ROA %.

Biotech Growth Trust (The)'s annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	176.672	/	( (308.211	+	411.42)	/ 2 )
	=	176.672	/	359.8155
	=	49.10 %

Note: The Net Income data used here is two times the semi-annual (Mar. 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.

Biotech Growth Trust (The)'s Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	90.849	/	( (308.211	+	411.42)	/ 2 )
=	90.849	/	359.8155
=	0.25

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.

Biotech Growth Trust (The) Total Assets Related Terms

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Biotech Growth Trust (The) (LSE:BIOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Biotech Growth Trust (The) PLC (LSE:BIOG) » Definitions » Total Assets

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BIOGl:UK

Address

25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.biotechgt.com

Biotech Growth Trust (The) PLC is a United Kingdom-based investment trust. Its business objective is to provide its investors with capital appreciation by investing in the biotechnology industry around the world. The company portfolio comprises emerging biotechnology companies across North America, Europe, and Asia, of which North America accounts for the investment share.

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