TDb Split (TSX:XTD) Total Assets : C$83.52 Mil (As of May. 2024)

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What is TDb Split Total Assets?

TDb Split's Total Assets for the quarter that ended in May. 2024 was C$83.52 Mil.

During the past 12 months, TDb Split's average Total Assets Growth Rate was -29.30% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.90% per year. During the past 10 years, the average Total Assets Growth Rate was 7.70% per year.

During the past 13 years, TDb Split's highest 3-Year average Total Assets Growth Rate was 45.00%. The lowest was -5.90%. And the median was 5.40%.

Total Assets is connected with ROA %. TDb Split's annualized ROA % for the quarter that ended in May. 2024 was -8.18%. Total Assets is also linked to Revenue through Asset Turnover. TDb Split's Asset Turnover for the quarter that ended in May. 2024 was -0.04.

TDb Split Total Assets Historical Data

The historical data trend for TDb 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.

TDb Split Total Assets Chart

TDb Split Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Assets

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54.09

60.52

87.06

89.75

88.69

TDb Split Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Total Assets	Get a 7-Day Free Trial															92.06	89.75	81.49	88.69	83.52

TDb 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.

TDb Split's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (A: Nov. 2023 )	+	Total Liabilities (A: Nov. 2023 )
	=	14.843	+	73.844
	=	88.69

TDb Split's Total Assets for the quarter that ended in May. 2024 is calculated as

Total Assets	=	Total Equity (Q: May. 2024 )	+	Total Liabilities (Q: May. 2024 )
	=	9.611	+	73.909
	=	83.52

TDb Split (TSX:XTD) Total Assets Explanation

Total Assets is connected with ROA %.

TDb Split's annualized ROA % for the quarter that ended in May. 2024 is

ROA %	=	Net Income (Q: May. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: May. 2024 ))	/ count )
	=	-7.04	/	( (88.687	+	83.521)	/ 2 )
	=	-7.04	/	86.104
	=	-8.18 %

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

TDb Split's Asset Turnover for the quarter that ended in May. 2024 is

	Asset Turnover
=	Revenue (Q: May. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: May. 2024 ))	/ count )
=	-3.323	/	( (88.687	+	83.521)	/ 2 )
=	-3.323	/	86.104
=	-0.04

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.

TDb Split Total Assets Related Terms

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TDb Split Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

XTD.PR.A.PFD:Canada

Address

200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2

Website

https://www.tdbsplit.com

TDb Split Corp is a mutual fund company that invests in common shares of The Toronto-Dominion Bank. It offers two types of shares Priority Equity Shares and Class A Shares. The company's investment objective for the Priority Equity Shares is, to provide holders of Priority Equity Shares with cumulative preferential monthly cash dividends and its investment objective for the Class A Shares is to provide holders with regular monthly cash dividends.

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