E Split (TSX:ENS) Total Assets : C$517.61 Mil (As of Jun. 2024)

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What is E Split Total Assets?

E Split's Total Assets for the quarter that ended in Jun. 2024 was C$517.61 Mil.

During the past 12 months, E Split's average Total Assets Growth Rate was 31.70% per year. During the past 3 years, the average Total Assets Growth Rate was 56.00% per year. During the past 5 years, the average Total Assets Growth Rate was 54.40% per year.

During the past 6 years, E Split's highest 3-Year average Total Assets Growth Rate was 76.50%. The lowest was 56.00%. And the median was 70.30%.

Total Assets is connected with ROA %. E Split's annualized ROA % for the quarter that ended in Jun. 2024 was 10.22%. Total Assets is also linked to Revenue through Asset Turnover. E Split's Asset Turnover for the quarter that ended in Jun. 2024 was 0.05.

E Split Total Assets Historical Data

The historical data trend for E 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.

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E Split Total Assets Chart

E Split Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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83.85

118.24

403.66

417.76

458.08

E Split Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial							435.53	417.76	460.43	458.08	517.61

E 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.

E 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 )
	=	235.532	+	222.55
	=	458.08

E 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 )
	=	265.082	+	252.528
	=	517.61

E Split (TSX:ENS) Total Assets Explanation

Total Assets is connected with ROA %.

E 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 )
	=	49.846	/	( (458.082	+	517.61)	/ 2 )
	=	49.846	/	487.846
	=	10.22 %

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.

E 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 )
=	25.404	/	( (458.082	+	517.61)	/ 2 )
=	25.404	/	487.846
=	0.05

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.

E Split Total Assets Related Terms

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E Split Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » E Split Corp (TSX:ENS) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

784:Germany ENS.PR.A.PFD:Canada

Address

8 Spadina Avenue, Suite 3100, Toronto, ON, CAN, M5V0S8

Website

https://www.middlefield.com

E Split Corp is a mutual fund company. The company has a portfolio comprised of common shares of Enbridge, a North American oil and gas pipeline, gas processing, and natural gas distribution company. The investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, and for Class A Shares, to give the holders non-cumulative monthly cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the Portfolio.

Executives

Robert Lauzon	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jeremy Brasseur	Director or Senior Officer of 10% Security Holder
Dean Orrico	Director, Director or Senior Officer of 10% Security Holder, Senior Officer