GCP Asset Backedome Fund (LSE:GABI) Total Assets : £398.11 Mil (As of Dec. 2023)

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What is GCP Asset Backedome Fund Total Assets?

GCP Asset Backedome Fund's Total Assets for the quarter that ended in Dec. 2023 was £398.11 Mil.

During the past 12 months, GCP Asset Backedome Fund's average Total Assets Growth Rate was -15.70% per year. During the past 3 years, the average Total Assets Growth Rate was -6.30% per year. During the past 5 years, the average Total Assets Growth Rate was -0.80% per year.

During the past 8 years, GCP Asset Backedome Fund's highest 3-Year average Total Assets Growth Rate was 42.00%. The lowest was -6.30%. And the median was 5.60%.

Total Assets is connected with ROA %. GCP Asset Backedome Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 4.85%. Total Assets is also linked to Revenue through Asset Turnover. GCP Asset Backedome Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

GCP Asset Backedome Fund Total Assets Historical Data

The historical data trend for GCP Asset Backedome Fund'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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GCP Asset Backedome Fund Total Assets Chart

GCP Asset Backedome Fund Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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462.63

456.22

457.72

445.69

398.11

GCP Asset Backedome Fund Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial										457.72	436.34	445.69	449.98	398.11

GCP Asset Backedome 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.

GCP Asset Backedome Fund's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	396.745	+	1.366
	=	398.11

GCP Asset Backedome Fund'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 )
	=	396.745	+	1.366
	=	398.11

GCP Asset Backedome Fund (LSE:GABI) Total Assets Explanation

Total Assets is connected with ROA %.

GCP Asset Backedome Fund'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 )
	=	20.57	/	( (449.978	+	398.111)	/ 2 )
	=	20.57	/	424.0445
	=	4.85 %

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.

GCP Asset Backedome Fund'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 )
=	11.619	/	( (449.978	+	398.111)	/ 2 )
=	11.619	/	424.0445
=	0.03

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.

GCP Asset Backedome Fund Total Assets Related Terms

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GCP Asset Backedome Fund (LSE:GABI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GCP Asset Backed Income Fund Ltd (LSE:GABI) » Definitions » Total Assets

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Traded in Other Exchanges

GABIl:UK

Address

IFC 5, Saint Helier, JEY, JE1 1ST

Website

http://www.gcpassetbacked.com

GCP Asset Backed Income Fund Ltd is a closed-ended investment company. Its objective is to generate risk-adjusted returns through regular, growing distributions and modest capital appreciation over the long term. It provides investors with exposure to a portfolio of the United Kingdom-based asset-backed loans secured against cash flows and/or physical assets. The company invests in a diversified portfolio of fixed and floating-rate loans secured against physical assets, which have contracted, predictable medium-to-long-term cash flows. It invests in various sectors, which include asset finance, property, energy and infrastructure, and social infrastructure.

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