Skylon Growth &ome Trust (TSX:SKG.UN) Total Assets: C$32.81 Mil (As of Dec. 2018)

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TSX:SKG.UN Skylon Growth & Income Trust TSX:SKG.UN
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What is Skylon Growth &ome Trust Total Assets?

Skylon Growth &ome Trust TSX:SKG.UN 10 Total Assets is C$32.81 Mil as of Dec. 2018. GuruFocus rates TSX:SKG.UN with a GF Score™ of 10/100.

Skylon Growth &ome Trust's Total Assets for the quarter that ended in Dec. 2018 was C$32.81 Mil.

Total Assets is connected with ROA %. Skylon Growth &ome Trust's annualized ROA % for the quarter that ended in Dec. 2018 was -19.35%. Total Assets is also linked to Revenue through Asset Turnover. Skylon Growth &ome Trust's Asset Turnover for the quarter that ended in Dec. 2018 was -0.09.

Skylon Growth &ome Trust  (TSX:SKG.UN) Total Assets Explanation

Total Assets is connected with ROA %.

Skylon Growth &ome Trust's annualized ROA % for the quarter that ended in Dec. 2018 is

ROA %=Net Income (Q: Dec. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=-6.836/( (37.836+32.814)/ 2 )
=-6.836/35.325
=-19.35 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2018) 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.

Skylon Growth &ome Trust's Asset Turnover for the quarter that ended in Dec. 2018 is

Asset Turnover
=Revenue (Q: Dec. 2018 )/( (Total Assets (Q: Jun. 2018 )+Total Assets (Q: Dec. 2018 ))/ count )
=-3.237/( (37.836+32.814)/ 2 )
=-3.237/35.325
=-0.09

* 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.

Skylon Growth &ome Trust Total Assets Related Terms

Skylon Growth &ome Trust Total Assets Historical Data

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The historical data trend for Skylon Growth &ome Trust'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.

Skylon Growth &ome Trust Total Assets Chart

Skylon Growth &ome Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.29 49.66 46.55 42.38 32.81

Skylon Growth &ome Trust Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 46.55 41.42 42.38 37.84 32.81
TSX:SKG.UN
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Skylon Growth & Income Trust TSX:SKG.UN
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Skylon Growth &ome Trust 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.

Skylon Growth &ome Trust's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=30.533+2.281
=32.81

Skylon Growth &ome Trust's Total Assets for the quarter that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (Q: Dec. 2018 )+Total Liabilities (Q: Dec. 2018 )
=30.533+2.281
=32.81

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of C$32.81 Mil mean?
Skylon Growth &ome Trust (TSX:SKG.UN) has a Total Assets of C$32.81 Mil as of Dec. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Skylon Growth &ome Trust and its competitors.
Is Skylon Growth &ome Trust's Total Assets too high?
Skylon Growth &ome Trust's current Total Assets is C$32.81 Mil. Overall, Skylon Growth &ome Trust has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Skylon Growth &ome Trust's Total Assets compare to OHAI and MN?
Skylon Growth &ome Trust's Total Assets of C$32.81 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Asset Management company?
A good Total Assets depends on the Asset Management industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Skylon Growth &ome Trust and its competitors. Skylon Growth &ome Trust's current Total Assets is C$32.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylon Growth &ome Trust stock overvalued right now?
Skylon Growth &ome Trust (TSX:SKG.UN) has a current Total Assets of C$32.81 Mil. The current Total Assets is C$32.81 Mil. Skylon Growth &ome Trust's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Skylon Growth &ome Trust (TSX:SKG.UN), the current Total Assets is C$32.81 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Skylon Growth &ome Trust Business Description

Address 2 Queen Street East, Twentieth Floor, Toronto, ON, CAN, M5C 3G7
Skylon Growth & Income Trust is an investment trust. Its objective is providing holders of Units with monthly distributions; endeavouring to preserve capital throughout the life of the Trust; enhancing the long-term total return of the Portfolio. The investment involves an active asset allocation investment approach focused on diversification among various asset classes including income funds, high yield debt, dividend paying common shares, other common shares, other securities and cash.
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