City of London Investment Group (LSE:CLIG) Total Assets : £137.92 Mil (As of Dec. 2023)

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What is City of London Investment Group Total Assets?

City of London Investment Group's Total Assets for the quarter that ended in Dec. 2023 was £137.92 Mil.

During the past 12 months, City of London Investment Group's average Total Assets Growth Rate was -5.70% per year. During the past 3 years, the average Total Assets Growth Rate was 110.00% per year. During the past 5 years, the average Total Assets Growth Rate was 92.90% per year. During the past 10 years, the average Total Assets Growth Rate was 40.30% per year.

During the past 13 years, City of London Investment Group's highest 3-Year average Total Assets Growth Rate was 158.50%. The lowest was -24.00%. And the median was 15.80%.

Total Assets is connected with ROA %. City of London Investment Group's annualized ROA % for the quarter that ended in Dec. 2023 was 9.31%. Total Assets is also linked to Revenue through Asset Turnover. City of London Investment Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.19.

City of London Investment Group Total Assets Historical Data

The historical data trend for City of London Investment Group'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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City of London Investment Group Total Assets Chart

City of London Investment Group Annual Data

Trend

May13

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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28.86

27.14

139.52

147.74

140.83

City of London Investment Group Semi-Annual Data
	Nov13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															143.83	147.74	143.50	140.83	137.92

City of London Investment Group 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.

City of London Investment Group's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	122.215	+	18.614
	=	140.83

City of London Investment Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	119.517	+	18.402
	=	137.92

City of London Investment Group (LSE:CLIG) Total Assets Explanation

Total Assets is connected with ROA %.

City of London Investment Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	12.98	/	( (140.829	+	137.919)	/ 2 )
	=	12.98	/	139.374
	=	9.31 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

City of London Investment Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	27.026	/	( (140.829	+	137.919)	/ 2 )
=	27.026	/	139.374
=	0.19

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.

City of London Investment Group Total Assets Related Terms

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City of London Investment Group (LSE:CLIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » City of London Investment Group PLC (LSE:CLIG) » Definitions » Total Assets

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Traded in Other Exchanges

CLIUF:USA CLIGl:UK CLIG.GB:UK W8T:Germany

Address

77 Gracechurch Street, London, GBR, EC3V 0AS

Website

https://www.clig.com

City of London Investment Group PLC is a United Kingdom-based asset management company. The company through its subsidiaries offers products of emerging markets and closed-end funds. Its principal operating subsidiary acts as an investment adviser for the company. It has operations in the United States, Canada, the United Kingdom, and Europe.

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