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Dividend Growth Split (TSX:DGS) Total Assets : C$679.03 Mil (As of Jun. 2024)


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What is Dividend Growth Split Total Assets?

Dividend Growth Split's Total Assets for the quarter that ended in Jun. 2024 was C$679.03 Mil.

During the past 12 months, Dividend Growth Split's average Total Assets Growth Rate was -6.00% per year. During the past 3 years, the average Total Assets Growth Rate was 16.40% per year. During the past 5 years, the average Total Assets Growth Rate was 9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 11.00% per year.

During the past 13 years, Dividend Growth Split's highest 3-Year average Total Assets Growth Rate was 49.60%. The lowest was -12.70%. And the median was 26.15%.

Total Assets is connected with ROA %. Dividend Growth Split's annualized ROA % for the quarter that ended in Jun. 2024 was 16.42%. Total Assets is also linked to Revenue through Asset Turnover. Dividend Growth Split's Asset Turnover for the quarter that ended in Jun. 2024 was 0.08.

Dividend Growth Split Total Assets Historical Data

The historical data trend for Dividend Growth 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.

Dividend Growth Split Total Assets Chart

Dividend Growth Split Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 502.62 427.21 734.56 716.98 668.96

Dividend Growth Split Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 725.33 716.98 723.62 668.96 679.03

Dividend Growth 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.

Dividend Growth 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 )
=225.707+443.252
=668.96

Dividend Growth Split's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=240.611+438.414
=679.03

* 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.

Dividend Growth Split  (TSX:DGS) Total Assets Explanation

Total Assets is connected with ROA %.

Dividend Growth Split's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=110.702/( (668.959+679.025)/ 2 )
=110.702/673.992
=16.42 %

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

Dividend Growth Split's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=55.855/( (668.959+679.025)/ 2 )
=55.855/673.992
=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.

Dividend Growth Split Total Assets Related Terms

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Dividend Growth Split Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend Growth Split Corp (TSX:DGS) » Definitions » Total Assets
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Traded in Other Exchanges
DGS.PR.A.PFD:Canada
Address
181 Bay Street, Brookfield Place, Suite 2930, P.O. Box 793, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3
Website
https://www.bromptongroup.com
Dividend Growth Split Corp is a Canada-based mutual fund corporation. It invests in an equal-weighted portfolio comprised of large-capitalization Canadian equities that have a high dividend growth rate. Its investment objective of the company is to provide holders of preferred shares with fixed, cumulative, preferential quarterly cash distributions to return the original issue price to their holders and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for growth in net asset value per Class A share. Its products include ETFs, Preferred shares, Split shares corps, and Other TSX traded funds.