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Big Banc Split (TSX:BNK) Total Assets : C$28.52 Mil (As of Dec. 2023)


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What is Big Banc Split Total Assets?

Big Banc Split's Total Assets for the quarter that ended in Dec. 2023 was C$28.52 Mil.

During the past 12 months, Big Banc Split's average Total Assets Growth Rate was -14.00% per year. During the past 3 years, the average Total Assets Growth Rate was -8.70% per year.

During the past 4 years, Big Banc Split's highest 3-Year average Total Assets Growth Rate was -8.70%. The lowest was -8.70%. And the median was -8.70%.

Total Assets is connected with ROA %. Big Banc Split's annualized ROA % for the quarter that ended in Dec. 2023 was 6.25%. Total Assets is also linked to Revenue through Asset Turnover. Big Banc Split's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Big Banc Split Total Assets Historical Data

The historical data trend for Big Banc Split'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.

Big Banc Split Total Assets Chart

Big Banc Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
40.46 44.90 32.27 28.52

Big Banc Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 44.90 37.25 32.27 29.51 28.52

Big Banc Split 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.

Big Banc Split'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 )
=14.623+13.896
=28.52

Big Banc Split'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 )
=14.623+13.896
=28.52

* 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.

Big Banc Split  (TSX:BNK) Total Assets Explanation

Total Assets is connected with ROA %.

Big Banc Split'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 )
=1.814/( (29.509+28.519)/ 2 )
=1.814/29.014
=6.25 %

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.

Big Banc Split'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 )
=0.993/( (29.509+28.519)/ 2 )
=0.993/29.014
=0.03

* 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.

Big Banc Split Total Assets Related Terms

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Big Banc Split (TSX:BNK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Big Banc Split Corp (TSX:BNK) » Definitions » Total Assets
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Traded in Other Exchanges
BNK.PR.A.PFD:Canada
Address
130 Adelaide Street West, Suite 3100, P.O. Box 109, Toronto, ON, CAN, M5H 3P5
Website
Big Banc Split Corp is a mutual fund corporation. Its investment objectives include providing its holders with regular monthly non-cumulative cash distributions.

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