M & G Highome Investment Trust (LSE:MGHC) Total Assets: £429.61 Mil (As of Nov. 2016)


What is M & G Highome Investment Trust Total Assets?

M & G Highome Investment Trust LSE:MGHC Total Assets is £429.61 Mil as of Nov. 2016. The stock has 3 warning signs investors should review.

M & G Highome Investment Trust's Total Assets for the quarter that ended in Nov. 2016 was £429.61 Mil.

During the past 12 months, M & G Highome Investment Trust's average Total Assets Growth Rate was -3.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.50% per year. During the past 5 years, the average Total Assets Growth Rate was 6.30% per year. During the past 10 years, the average Total Assets Growth Rate was 23.40% per year.

During the past 13 years, M & G Highome Investment Trust's highest 3-Year average Total Assets Growth Rate was 69.20%. The lowest was 1.30%. And the median was 14.70%.

Total Assets is connected with ROA %. M & G Highome Investment Trust's annualized ROA % for the quarter that ended in Nov. 2016 was 0.45%. Total Assets is also linked to Revenue through Asset Turnover. M & G Highome Investment Trust's Asset Turnover for the quarter that ended in Nov. 2016 was 0.05.

M & G Highome Investment Trust  (LSE:MGHC) Total Assets Explanation

Total Assets is connected with ROA %.

M & G Highome Investment Trust's annualized ROA % for the quarter that ended in Nov. 2016 is

ROA %=Net Income (Q: Nov. 2016 )/( (Total Assets (Q: May. 2016 )+Total Assets (Q: Nov. 2016 ))/ count )
=1.922/( (421.587+429.607)/ 2 )
=1.922/425.597
=0.45 %

Note: The Net Income data used here is two times the semi-annual (Nov. 2016) 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.

M & G Highome Investment Trust's Asset Turnover for the quarter that ended in Nov. 2016 is

Asset Turnover
=Revenue (Q: Nov. 2016 )/( (Total Assets (Q: May. 2016 )+Total Assets (Q: Nov. 2016 ))/ count )
=20.431/( (421.587+429.607)/ 2 )
=20.431/425.597
=0.05

* 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.

M & G Highome Investment Trust Total Assets Related Terms

M & G Highome Investment Trust Total Assets Historical Data

* Premium members only.

The historical data trend for M & G Highome 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.

M & G Highome Investment Trust Total Assets Chart

M & G Highome Investment Trust Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 323.92 402.85 435.17 456.13 421.59

M & G Highome Investment Trust Semi-Annual Data
May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16
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 428.74 456.13 435.75 421.59 429.61

M & G Highome 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.

M & G Highome Investment Trust's Total Assets for the fiscal year that ended in May. 2016 is calculated as

Total Assets=Total Equity (A: May. 2016 )+Total Liabilities (A: May. 2016 )
=5.358+416.229
=421.59

M & G Highome Investment Trust's Total Assets for the quarter that ended in Nov. 2016 is calculated as

Total Assets=Total Equity (Q: Nov. 2016 )+Total Liabilities (Q: Nov. 2016 )
=5.358+424.249
=429.61

* 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 £429.61 Mil mean?
M & G Highome Investment Trust (LSE:MGHC) has a Total Assets of £429.61 Mil as of Nov. 2016. The total amount of assets as recorded on a company's balance sheet. View historical data on M & G Highome Investment Trust and its competitors.
Is M & G Highome Investment Trust's Total Assets too high?
M & G Highome Investment Trust's current Total Assets is £429.61 Mil.
How does M & G Highome Investment Trust's Total Assets compare to BKCC and TPVG?
M & G Highome Investment Trust's Total Assets of £429.61 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 M & G Highome Investment Trust and its competitors. M & G Highome Investment Trust's current Total Assets is £429.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & G Highome Investment Trust stock overvalued right now?
M & G Highome Investment Trust (LSE:MGHC) has a current Total Assets of £429.61 Mil. The current Total Assets is £429.61 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 M & G Highome Investment Trust (LSE:MGHC), the current Total Assets is £429.61 Mil as of Nov. 2016. 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.

M & G Highome Investment Trust Business Description

M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.