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Canadian Life Split (TSX:LFE.PR.B.PFD) Total Assets : C$193.96 Mil (As of Nov. 2024)


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What is Canadian Life Split Total Assets?

Canadian Life Split's Total Assets for the quarter that ended in Nov. 2024 was C$193.96 Mil.

During the past 12 months, Canadian Life Split's average Total Assets Growth Rate was 14.00% per year. During the past 3 years, the average Total Assets Growth Rate was 3.40% per year. During the past 5 years, the average Total Assets Growth Rate was -1.40% per year. During the past 10 years, the average Total Assets Growth Rate was -3.80% per year.

During the past 13 years, Canadian Life Split's highest 3-Year average Total Assets Growth Rate was 472.20%. The lowest was -16.00%. And the median was -1.10%.

Total Assets is connected with ROA %. Canadian Life Split's annualized ROA % for the quarter that ended in Nov. 2024 was 47.06%. Total Assets is also linked to Revenue through Asset Turnover. Canadian Life Split's Asset Turnover for the quarter that ended in Nov. 2024 was 0.24.

Canadian Life Split Total Assets Historical Data

The historical data trend for Canadian Life 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.

Canadian Life Split Total Assets Chart

Canadian Life Split Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 170.71 174.85 170.82 167.87 193.96

Canadian Life Split Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 170.82 161.54 167.87 154.67 193.96

Canadian Life 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.

Canadian Life Split's Total Assets for the fiscal year that ended in Nov. 2024 is calculated as

Total Assets=Total Equity (A: Nov. 2024 )+Total Liabilities (A: Nov. 2024 )
=84.625+109.33
=193.96

Canadian Life Split's Total Assets for the quarter that ended in Nov. 2024 is calculated as

Total Assets=Total Equity (Q: Nov. 2024 )+Total Liabilities (Q: Nov. 2024 )
=84.625+109.33
=193.96

* 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.

Canadian Life Split  (TSX:LFE.PR.B.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Canadian Life Split's annualized ROA % for the quarter that ended in Nov. 2024 is

ROA %=Net Income (Q: Nov. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=82.03/( (154.673+193.955)/ 2 )
=82.03/174.314
=47.06 %

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

Canadian Life Split's Asset Turnover for the quarter that ended in Nov. 2024 is

Asset Turnover
=Revenue (Q: Nov. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Nov. 2024 ))/ count )
=41.089/( (154.673+193.955)/ 2 )
=41.089/174.314
=0.24

* 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.

Canadian Life Split Total Assets Related Terms

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Canadian Life Split Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian Life Companies Split Corp (TSX:LFE.PR.B.PFD) » Definitions » Total Assets
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Traded in Other Exchanges
CLSPF:USA LFE:Canada
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Website
https://www.quadravest.com
Canadian Life Companies Split Corp is an investment management firm. The company invests in an actively managed portfolio of common shares comprised of four core large-capitalization Canadian life insurance companies. The company's objective is to provide holders of Preferred shares with a cumulative preferential floating rate monthly dividend.

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