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Western Asset Diversifiedome Fund's Total Assets for the quarter that ended in Jun. 2024 was $1,199.5 Mil.
During the past 12 months, Western Asset Diversifiedome Fund's average Total Assets Growth Rate was 0.90% per year.
Total Assets is connected with ROA %. Western Asset Diversifiedome Fund's annualized ROA % for the quarter that ended in Jun. 2024 was 6.78%. Total Assets is also linked to Revenue through Asset Turnover. Western Asset Diversifiedome Fund's Asset Turnover for the quarter that ended in Jun. 2024 was 0.03.
The historical data trend for Western Asset Diversifiedome 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.
Western Asset Diversifiedome Fund Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Total Assets | 1,411.36 | 1,148.80 | 1,191.88 |
Western Asset Diversifiedome Fund Semi-Annual Data | ||||||||
Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | |||
Total Assets | Get a 7-Day Free Trial | 1,211.33 | 1,148.80 | 1,186.62 | 1,191.88 | 1,199.47 |
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.
Western Asset Diversifiedome Fund's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
Total Assets | = | Total Equity (A: Dec. 2023 ) | + | Total Liabilities (A: Dec. 2023 ) |
= | 804.708 | + | 387.175 | |
= | 1,191.9 |
Western Asset Diversifiedome Fund's Total Assets for the quarter that ended in Jun. 2024 is calculated as
Total Assets | = | Total Equity (Q: Jun. 2024 ) | + | Total Liabilities (Q: Jun. 2024 ) |
= | 800.463 | + | 399.011 | |
= | 1,199.5 |
* 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.
Western Asset Diversifiedome Fund (NYSE:WDI) Total Assets Explanation
Total Assets is connected with ROA %.
Western Asset Diversifiedome Fund's annualized ROA % for the quarter that ended in Jun. 2024 is
ROA % | = | Net Income (Q: Jun. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Jun. 2024 )) | / count ) |
= | 81.104 | / | ( (1191.882 | + | 1199.474) | / 2 ) | |
= | 81.104 | / | 1195.678 | ||||
= | 6.78 % |
Note: The Net Income data used here is two times the semi-annual (Jun. 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.
Western Asset Diversifiedome Fund's Asset Turnover for the quarter that ended in Jun. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Jun. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Jun. 2024 )) | / count ) |
= | 40.986 | / | ( (1191.882 | + | 1199.474) | / 2 ) |
= | 40.986 | / | 1195.678 | |||
= | 0.03 |
* 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.
Thank you for viewing the detailed overview of Western Asset Diversifiedome Fund's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Daniel P Cronin | director | 235 EAST 42ND ST, NEW YORK NY 10017 |
Nisha Kumar | director | 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103 |
Oliveira Marc De | officer: Secretary/Chief Legal Officer | C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902 |
Hoffmann Courtney A. | other: Secretary/GC Subadviser | WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101 |
Robert D Agdern | director | C/O LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018 |
Andrew J. Bowden | other: COO/Subadviser | WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101 |
Ruys De Perez Charles Antony | other: Secretary/GC Subadviser | WESTERN ASSET MANAGEMENT COMPANY, 385 E. COLORADO BLVD., PASADENA CA 91101 |
Franklin Resources Inc | other: Parent of Inv Mgr/Subadvisers | FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403 |
Legg Mason Partners Fund Advisor, Llc | other: Investment Manager | 399 PARK AVENUE, NEW YORK NY 10022 |
Ted P Becker | other: CCO Investment Manager | 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022 |
Jeanne Kelly | officer: SVP, other: SVP/Investment Mgr | 300 FIRST STAMFORD PLACE, 4TH FLOOR, STAMFORD CT 06902 |
Thomas C Mandia | other: Secretary Inv Mgr | 300 FIRST STAMFORD PLACE, CITIGROUP ASSET MANAGEMENT, STAMFORD CT 06902 |
S. Kenneth Leech | other: Portfolio Manager | 385 EAST COLORADO BLVD, PASADENA CA 91101 |
Hirschmann James W Iii | other: CEO/Pres. Subadviser | |
Western Asset Management Company, Llc | other: Subadviser | 385 E. COLORADO BLVD., PASADENA CA 91101 |
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