BlackRock New Energy Investment Trust (LSE:BRNS) Total Assets: £108.91 Mil (As of Oct. 2013)

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What is BlackRock New Energy Investment Trust Total Assets?

BlackRock New Energy Investment Trust LSE:BRNS Total Assets is £108.91 Mil as of Oct. 2013. The stock has 5 warning signs investors should review.

BlackRock New Energy Investment Trust's Total Assets for the quarter that ended in Oct. 2013 was £108.91 Mil.

During the past 12 months, BlackRock New Energy Investment Trust's average Total Assets Growth Rate was 27.10% per year. During the past 3 years, the average Total Assets Growth Rate was -2.50% per year. During the past 5 years, the average Total Assets Growth Rate was -5.00% per year. During the past 10 years, the average Total Assets Growth Rate was 3.20% per year.

During the past 12 years, BlackRock New Energy Investment Trust's highest 3-Year average Total Assets Growth Rate was 48.20%. The lowest was -12.90%. And the median was 5.60%.

Total Assets is connected with ROA %. BlackRock New Energy Investment Trust's annualized ROA % for the quarter that ended in Oct. 2013 was 15.47%. Total Assets is also linked to Revenue through Asset Turnover. BlackRock New Energy Investment Trust's Asset Turnover for the quarter that ended in Oct. 2013 was 0.09.

BlackRock New Energy Investment Trust  (LSE:BRNS) Total Assets Explanation

Total Assets is connected with ROA %.

BlackRock New Energy Investment Trust's annualized ROA % for the quarter that ended in Oct. 2013 is

ROA %=Net Income (Q: Oct. 2013 )/( (Total Assets (Q: Apr. 2013 )+Total Assets (Q: Oct. 2013 ))/ count )
=16.142/( (99.719+108.907)/ 2 )
=16.142/104.313
=15.47 %

Note: The Net Income data used here is two times the semi-annual (Oct. 2013) 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.

BlackRock New Energy Investment Trust's Asset Turnover for the quarter that ended in Oct. 2013 is

Asset Turnover
=Revenue (Q: Oct. 2013 )/( (Total Assets (Q: Apr. 2013 )+Total Assets (Q: Oct. 2013 ))/ count )
=9.409/( (99.719+108.907)/ 2 )
=9.409/104.313
=0.09

* 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.

BlackRock New Energy Investment Trust Total Assets Related Terms

BlackRock New Energy Investment Trust Total Assets Historical Data

* Premium members only.

The historical data trend for BlackRock New Energy Investment Trust'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.

BlackRock New Energy Investment Trust Total Assets Chart

BlackRock New Energy Investment Trust Annual Data
Trend Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.10 117.43 90.44 85.69 108.91

BlackRock New Energy Investment Trust Semi-Annual Data
Apr04 Oct04 Apr05 Oct05 Apr06 Oct06 Apr07 Oct07 Apr08 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.44 87.87 85.69 99.72 108.91

BlackRock New Energy Investment Trust 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.

BlackRock New Energy Investment Trust's Total Assets for the fiscal year that ended in Oct. 2013 is calculated as

Total Assets=Total Equity (A: Oct. 2013 )+Total Liabilities (A: Oct. 2013 )
=106.907+2
=108.91

BlackRock New Energy Investment Trust's Total Assets for the quarter that ended in Oct. 2013 is calculated as

Total Assets=Total Equity (Q: Oct. 2013 )+Total Liabilities (Q: Oct. 2013 )
=106.907+2
=108.91

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of £108.91 Mil mean?
BlackRock New Energy Investment Trust (LSE:BRNS) has a Total Assets of £108.91 Mil as of Oct. 2013. The total amount of assets as recorded on a company's balance sheet. View historical data on BlackRock New Energy Investment Trust and its competitors.
Is BlackRock New Energy Investment Trust's Total Assets too high?
BlackRock New Energy Investment Trust's current Total Assets is £108.91 Mil.
How does BlackRock New Energy Investment Trust's Total Assets compare to OFS and MVC?
BlackRock New Energy Investment Trust's Total Assets of £108.91 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Asset Management company?
A good Total Assets depends on the Asset Management industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on BlackRock New Energy Investment Trust and its competitors. BlackRock New Energy Investment Trust's current Total Assets is £108.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock New Energy Investment Trust stock overvalued right now?
BlackRock New Energy Investment Trust (LSE:BRNS) has a current Total Assets of £108.91 Mil. The current Total Assets is £108.91 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For BlackRock New Energy Investment Trust (LSE:BRNS), the current Total Assets is £108.91 Mil as of Oct. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BlackRock New Energy Investment Trust Business Description

BlackRock New Energy Investment Trust PLC is an investment trust. Its objective is to generate long term capital growth for its shareholders by investing globally in companies which have a significant focus on alternative energy or energy technology. In seeking to achieve this objective, the company invests globally in companies that have a significant involvement in renewable energy, Developers, Renewable EnergyTechnology, Energy Efficiency, Alternative Fuels and Enabling Energy & Infrastructure.