Middlefield Canadianome PCC (LSE:MCT) Total Assets : £151.73 Mil (As of Dec. 2023)

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What is Middlefield Canadianome PCC Total Assets?

Middlefield Canadianome PCC's Total Assets for the quarter that ended in Dec. 2023 was £151.73 Mil.

During the past 12 months, Middlefield Canadianome PCC's average Total Assets Growth Rate was -10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 4.30% per year. During the past 5 years, the average Total Assets Growth Rate was 5.70% per year.

During the past 8 years, Middlefield Canadianome PCC's highest 3-Year average Total Assets Growth Rate was 16.50%. The lowest was -4.50%. And the median was 4.20%.

Total Assets is connected with ROA %. Middlefield Canadianome PCC's annualized ROA % for the quarter that ended in Dec. 2023 was 3.46%. Total Assets is also linked to Revenue through Asset Turnover. Middlefield Canadianome PCC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Middlefield Canadianome PCC Total Assets Historical Data

The historical data trend for Middlefield Canadianome PCC'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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Middlefield Canadianome PCC Total Assets Chart

Middlefield Canadianome PCC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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150.84

135.63

184.12

165.13

151.73

Middlefield Canadianome PCC Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial											184.12	180.27	165.13	158.32	151.73

Middlefield Canadianome PCC 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.

Middlefield Canadianome PCC'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 )
	=	129.439	+	22.292
	=	151.73

Middlefield Canadianome PCC'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 )
	=	129.439	+	22.292
	=	151.73

Middlefield Canadianome PCC (LSE:MCT) Total Assets Explanation

Total Assets is connected with ROA %.

Middlefield Canadianome PCC'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 )
	=	5.37	/	( (158.321	+	151.731)	/ 2 )
	=	5.37	/	155.026
	=	3.46 %

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.

Middlefield Canadianome PCC'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 )
=	3.75	/	( (158.321	+	151.731)	/ 2 )
=	3.75	/	155.026
=	0.02

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.

Middlefield Canadianome PCC Total Assets Related Terms

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Middlefield Canadianome PCC (LSE:MCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Middlefield Canadian Income PCC (LSE:MCT) » Definitions » Total Assets

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MCTl:UK

Address

28 Esplanade, St Helier, JEY, JE2 3QA

Website

https://www.middlefield.co.uk/mcit.htm

Middlefield Canadian Income PCC is a closed-ended fund. Its investment objective is to provide shareholders with a high level of dividends and capital growth over the longer term. The fund intends to pay dividends on a quarterly basis each year. It intends to achieve its investment objective by investing predominantly in the securities of companies and REITs domiciled in Canada and listed on the Canadian Stock Exchange. It invests in various market sectors, of which the major share is invested in Real Estate, Financials, Utilities, Pipelines, and Technology sectors.

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