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

TwentyFourome Fund (LSE:TFIF) Total Assets : £781.2 Mil (As of Sep. 2023)


View and export this data going back to 2013. Start your Free Trial

What is TwentyFourome Fund Total Assets?

TwentyFourome Fund's Total Assets for the quarter that ended in Sep. 2023 was £781.2 Mil.

During the past 12 months, TwentyFourome Fund's average Total Assets Growth Rate was 15.90% per year. During the past 3 years, the average Total Assets Growth Rate was 14.40% per year. During the past 5 years, the average Total Assets Growth Rate was 10.60% per year.

During the past 10 years, TwentyFourome Fund's highest 3-Year average Total Assets Growth Rate was 14.40%. The lowest was 4.10%. And the median was 11.70%.

Total Assets is connected with ROA %. TwentyFourome Fund's annualized ROA % for the quarter that ended in Sep. 2023 was 15.59%. Total Assets is also linked to Revenue through Asset Turnover. TwentyFourome Fund's Asset Turnover for the quarter that ended in Sep. 2023 was 0.08.


TwentyFourome Fund Total Assets Historical Data

The historical data trend for TwentyFourome 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.

* Premium members only.

TwentyFourome Fund Total Assets Chart

TwentyFourome Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 538.63 500.86 603.46 760.24 775.88

TwentyFourome Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 610.38 760.24 683.98 775.88 781.25

TwentyFourome 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.

TwentyFourome Fund's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=724.983+50.896
=775.9

TwentyFourome Fund's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=768.125+13.121
=781.2

* 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.


TwentyFourome Fund  (LSE:TFIF) Total Assets Explanation

Total Assets is connected with ROA %.

TwentyFourome Fund's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=121.37/( (775.879+781.245)/ 2 )
=121.37/778.562
=15.59 %

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

TwentyFourome Fund's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=61.343/( (775.879+781.245)/ 2 )
=61.343/778.562
=0.08

* 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.

TwentyFourome Fund Total Assets Related Terms

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


TwentyFourome Fund (LSE:TFIF) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL
TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities. It offers a range of specialist fixed income funds and services to suit the different requirements of its investors.

TwentyFourome Fund (LSE:TFIF) Headlines

No Headlines