Utility Split Trust (TSX:UST.PR.B.PFD) Total Assets : C$18.03 Mil (As of Jun. 2016)

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What is Utility Split Trust Total Assets?

Utility Split Trust's Total Assets for the quarter that ended in Jun. 2016 was C$18.03 Mil.

During the past 12 months, Utility Split Trust's average Total Assets Growth Rate was -99.50% per year. During the past 3 years, the average Total Assets Growth Rate was -9.30% per year. During the past 5 years, the average Total Assets Growth Rate was -74.50% per year.

During the past 8 years, Utility Split Trust's highest 3-Year average Total Assets Growth Rate was -8.10%. The lowest was -86.00%. And the median was -84.50%.

Total Assets is connected with ROA %. Utility Split Trust's annualized ROA % for the quarter that ended in Jun. 2016 was 17.86%. Total Assets is also linked to Revenue through Asset Turnover. Utility Split Trust's Asset Turnover for the quarter that ended in Jun. 2016 was 0.11.

Utility Split Trust Total Assets Historical Data

The historical data trend for Utility Split 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.

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Utility Split Trust Total Assets Chart

Utility Split Trust Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Total Assets

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28.93

27.58

24.82

24.37

19.48

Utility Split Trust Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Total Assets	Get a 7-Day Free Trial											24.32	24.37	20.87	19.48	18.03

Utility Split 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.

Utility Split Trust's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets	=	Total Equity (A: Dec. 2015 )	+	Total Liabilities (A: Dec. 2015 )
	=	11.835	+	7.646
	=	19.48

Utility Split Trust's Total Assets for the quarter that ended in Jun. 2016 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2016 )	+	Total Liabilities (Q: Jun. 2016 )
	=	11.482	+	6.545
	=	18.03

Utility Split Trust (TSX:UST.PR.B.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Utility Split Trust's annualized ROA % for the quarter that ended in Jun. 2016 is

ROA %	=	Net Income (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
	=	3.35	/	( (19.481	+	18.027)	/ 2 )
	=	3.35	/	18.754
	=	17.86 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2016) 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.

Utility Split Trust's Asset Turnover for the quarter that ended in Jun. 2016 is

	Asset Turnover
=	Revenue (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
=	1.973	/	( (19.481	+	18.027)	/ 2 )
=	1.973	/	18.754
=	0.11

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.

Utility Split Trust Total Assets Related Terms

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Utility Split Trust (TSX:UST.PR.B.PFD) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Utility Split Trust (TSX:UST.PR.B.PFD) » Definitions » Total Assets

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Address

Website

http://www.firstasset.com

Utility Split Trust was formed on October 24, 2006 and is domiciled in Canada. It is a close ended equity mutual fund of fund launched by First Asset Fund Inc. The fund is managed by First Asset Investment Management Inc. It invests in funds investing in the public equity markets. The fund also makes direct investments in the public equity markets. It seeks to invest in stocks of companies engaged in the utilities sector.

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