Redwood Monthlyome Fund (TSX:VIP.UN) Total Assets: C$131.67 Mil (As of Dec. 2017)


What is Redwood Monthlyome Fund Total Assets?

Redwood Monthlyome Fund TSX:VIP.UN Total Assets is C$131.67 Mil as of Dec. 2017.

Redwood Monthlyome Fund's Total Assets for the quarter that ended in Dec. 2017 was C$131.67 Mil.

Total Assets is connected with ROA %. Redwood Monthlyome Fund's annualized ROA % for the quarter that ended in Dec. 2017 was 9.84%. Total Assets is also linked to Revenue through Asset Turnover. Redwood Monthlyome Fund's Asset Turnover for the quarter that ended in Dec. 2017 was 0.05.

Redwood Monthlyome Fund  (TSX:VIP.UN) Total Assets Explanation

Total Assets is connected with ROA %.

Redwood Monthlyome Fund's annualized ROA % for the quarter that ended in Dec. 2017 is

ROA %=Net Income (Q: Dec. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=14.596/( (165.002+131.665)/ 2 )
=14.596/148.3335
=9.84 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2017) 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.

Redwood Monthlyome Fund's Asset Turnover for the quarter that ended in Dec. 2017 is

Asset Turnover
=Revenue (Q: Dec. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=7.071/( (165.002+131.665)/ 2 )
=7.071/148.3335
=0.05

* 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.

Redwood Monthlyome Fund Total Assets Related Terms

Redwood Monthlyome Fund Total Assets Historical Data

* Premium members only.

The historical data trend for Redwood Monthlyome Fund'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.

Redwood Monthlyome Fund Total Assets Chart

Redwood Monthlyome Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 330.55 302.39 208.34 165.40 131.67

Redwood Monthlyome Fund Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 208.34 202.97 165.40 165.00 131.67

Redwood Monthlyome Fund 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.

Redwood Monthlyome Fund's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets=Total Equity (A: Dec. 2017 )+Total Liabilities (A: Dec. 2017 )
=130.716+0.95
=131.67

Redwood Monthlyome Fund's Total Assets for the quarter that ended in Dec. 2017 is calculated as

Total Assets=Total Equity (Q: Dec. 2017 )+Total Liabilities (Q: Dec. 2017 )
=130.716+0.95
=131.67

* 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$131.67 Mil mean?
Redwood Monthlyome Fund (TSX:VIP.UN) has a Total Assets of C$131.67 Mil as of Dec. 2017. The total amount of assets as recorded on a company's balance sheet. View historical data on Redwood Monthlyome Fund and its competitors.
Is Redwood Monthlyome Fund's Total Assets too high?
Redwood Monthlyome Fund's current Total Assets is C$131.67 Mil.
How does Redwood Monthlyome Fund's Total Assets compare to MDLY and GARS?
Redwood Monthlyome Fund's Total Assets of C$131.67 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 Redwood Monthlyome Fund and its competitors. Redwood Monthlyome Fund's current Total Assets is C$131.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Monthlyome Fund stock overvalued right now?
Redwood Monthlyome Fund (TSX:VIP.UN) has a current Total Assets of C$131.67 Mil. The current Total Assets is C$131.67 Mil. 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 Redwood Monthlyome Fund (TSX:VIP.UN), the current Total Assets is C$131.67 Mil as of Dec. 2017. 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.

Redwood Monthlyome Fund Business Description

Address 130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a closed-end investment trust. Its investment objectives are to provide Unitholders with the benefits of a high level of monthly income, together with the opportunity for capital appreciation. The Fund seeks to achieve its Investment Objectives through active asset and sector allocation and by investing in those income-producing securities that the Sub-Advisor believes represent the weighting to achieve the Investment Objectives. The Fund has exposure to a diversified portfolio consisting of income-producing securities, including but not limited to income trusts, dividend-paying common shares, convertible debt, preferred shares and investment-grade fixed income investments.