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RSF (RiverNorth Capital andome Fund) Total Assets : $70.42 Mil (As of Dec. 2024)


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What is RiverNorth Capital andome Fund Total Assets?

RiverNorth Capital andome Fund's Total Assets for the quarter that ended in Dec. 2024 was $70.42 Mil.

During the past 12 months, RiverNorth Capital andome Fund's average Total Assets Growth Rate was -35.60% per year. During the past 3 years, the average Total Assets Growth Rate was -7.00% per year. During the past 5 years, the average Total Assets Growth Rate was -11.60% per year.

During the past 6 years, RiverNorth Capital andome Fund's highest 3-Year average Total Assets Growth Rate was -7.00%. The lowest was -21.00%. And the median was -8.70%.

Total Assets is connected with ROA %. RiverNorth Capital andome Fund's annualized ROA % for the quarter that ended in Dec. 2024 was 5.05%. Total Assets is also linked to Revenue through Asset Turnover. RiverNorth Capital andome Fund's Asset Turnover for the quarter that ended in Dec. 2024 was 0.04.

RiverNorth Capital andome Fund Total Assets Historical Data

The historical data trend for RiverNorth Capital andome 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.

RiverNorth Capital andome Fund Total Assets Chart

RiverNorth Capital andome Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial 143.41 144.72 108.37 109.48 116.39

RiverNorth Capital andome Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.72 109.48 109.09 116.39 70.42

RiverNorth Capital andome 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.

RiverNorth Capital andome Fund's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=67.14+49.254
=116.39

RiverNorth Capital andome Fund's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=59.772+10.643
=70.42

* 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.

RiverNorth Capital andome Fund  (NYSE:RSF) Total Assets Explanation

Total Assets is connected with ROA %.

RiverNorth Capital andome Fund's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=4.718/( (116.393+70.415)/ 2 )
=4.718/93.404
=5.05 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) 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.

RiverNorth Capital andome Fund's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=4.038/( (116.393+70.415)/ 2 )
=4.038/93.404
=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.

RiverNorth Capital andome Fund Total Assets Related Terms

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RiverNorth Capital andome Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RiverNorth Capital and Income Fund (NYSE:RSF) » Definitions » Total Assets
Comparable Companies
RAND GEG LRFC PNF JMM FMY EEA FGB CXH ICMB BLK BX KKR OSTO:INVE A TSX:BAM APO TSX:BN LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
Website
https://www.rivernorth.com
RiverNorth Capital and Income Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies.
Executives
Patrick W. Galley director, officer: PRESIDENT 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Janae Stanton other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: OFFICER OF THE INVEST. ADVISER 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Bartow Philip K Iii other: PORTFOLIO MANAGER 325 NORTH LASALLE ST., SUITE 645, CHICAGO IL 60654
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
Jonathan M. Mohrhardt officer: CFO and Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins officer: CCO and Secretary 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Fred G Steingraber director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
James G. Kelley director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654