GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » European Opportunities Trust PLC (LSE:EOT) » Definitions » Total Assets

European Opportunities Trust (LSE:EOT) Total Assets : £892.83 Mil (As of Nov. 2023)


View and export this data going back to 2000. Start your Free Trial

What is European Opportunities Trust Total Assets?

European Opportunities Trust's Total Assets for the quarter that ended in Nov. 2023 was £892.83 Mil.

During the past 12 months, European Opportunities Trust's average Total Assets Growth Rate was -4.60% per year. During the past 3 years, the average Total Assets Growth Rate was 0.80% per year. During the past 5 years, the average Total Assets Growth Rate was -0.20% per year. During the past 10 years, the average Total Assets Growth Rate was 9.00% per year.

During the past 13 years, European Opportunities Trust's highest 3-Year average Total Assets Growth Rate was 35.00%. The lowest was -3.30%. And the median was 15.50%.

Total Assets is connected with ROA %. European Opportunities Trust's annualized ROA % for the quarter that ended in Nov. 2023 was 7.54%. Total Assets is also linked to Revenue through Asset Turnover. European Opportunities Trust's Asset Turnover for the quarter that ended in Nov. 2023 was 0.04.


European Opportunities Trust Total Assets Historical Data

The historical data trend for European Opportunities 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.

* Premium members only.

European Opportunities Trust Total Assets Chart

European Opportunities Trust Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,015.16 942.88 950.81 961.26 946.71

European Opportunities Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 1,048.75 961.26 934.50 946.71 892.83

European Opportunities 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.

European Opportunities Trust's Total Assets for the fiscal year that ended in May. 2023 is calculated as

Total Assets=Total Equity (A: May. 2023 )+Total Liabilities (A: May. 2023 )
=862.938+83.776
=946.71

European Opportunities Trust's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets=Total Equity (Q: Nov. 2023 )+Total Liabilities (Q: Nov. 2023 )
=877.074+15.756
=892.83

* 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.


European Opportunities Trust  (LSE:EOT) Total Assets Explanation

Total Assets is connected with ROA %.

European Opportunities Trust's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %=Net Income (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=69.328/( (946.714+892.83)/ 2 )
=69.328/919.772
=7.54 %

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

European Opportunities Trust's Asset Turnover for the quarter that ended in Nov. 2023 is

Asset Turnover
=Revenue (Q: Nov. 2023 )/( (Total Assets (Q: May. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=35.632/( (946.714+892.83)/ 2 )
=35.632/919.772
=0.04

* 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.

European Opportunities Trust Total Assets Related Terms

Thank you for viewing the detailed overview of European Opportunities Trust's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


European Opportunities Trust (LSE:EOT) Business Description

Traded in Other Exchanges
Address
123 Victoria Street, Third Floor / MYO, London, GBR, SW1E 6DE
European Opportunities Trust PLC is an investment trust company that principally is active in portfolio investment. It mainly invests in securities of European companies and geographical sectors or areas which offer good prospects for capital growth. It adopts a stock-picking approach to identify long-term superior growth prospects as well as focuses on the companies which have proprietary technology, management, and the ability of sustainable growth. It invests in securities of various sectors including Basic Materials, Industrials, Health Care, Financials, Consumer Services in Denmark, France, Germany, UK, Spain, and others. The group's revenue mainly comprises Dividends, Foreign exchange income, and other investment income.

European Opportunities Trust (LSE:EOT) Headlines