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Brookfield Real Assetsome Fund Asset Turnover

: 0.06 (As of Jun. 2021)
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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Brookfield Real Assetsome Fund's Revenue for the six months ended in Jun. 2021 was $69.7 Mil. Brookfield Real Assetsome Fund's Total Assets for the quarter that ended in Jun. 2021 was $1,275.9 Mil. Therefore, Brookfield Real Assetsome Fund's Asset Turnover for the quarter that ended in Jun. 2021 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. Brookfield Real Assetsome Fund's annualized ROE % for the quarter that ended in Jun. 2021 was 14.96%. It is also linked to ROA % through Du Pont Formula. Brookfield Real Assetsome Fund's annualized ROA % for the quarter that ended in Jun. 2021 was 10.64%.


Brookfield Real Assetsome Fund Asset Turnover Historical Data

The historical data trend for Brookfield Real Assetsome Fund's Asset Turnover 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.

Brookfield Real Assetsome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Asset Turnover
0.07 -0.02 0.12 -0.03

Brookfield Real Assetsome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Asset Turnover Premium Member Only Premium Member Only Premium Member Only 0.09 0.03 -0.13 0.09 0.06

Brookfield Real Assetsome Fund Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Brookfield Real Assetsome Fund's Asset Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=-33.476/( (1092.819+1198.636)/ 2 )
=-33.476/1145.7275
=-0.03

Brookfield Real Assetsome Fund's Asset Turnover for the quarter that ended in Jun. 2021 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Jun. 2021 ))/ count )
=69.656/( (1198.636+1353.171)/ 2 )
=69.656/1275.9035
=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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Brookfield Real Assetsome Fund  (NYSE:RA) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Brookfield Real Assetsome Fund's annulized ROE % for the quarter that ended in Jun. 2021 is

ROE %**(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=135.798/907.4765
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(135.798 / 139.312)*(139.312 / 1275.9035)*(1275.9035/ 907.4765)
=Net Margin %*Asset Turnover*Equity Multiplier
=97.48 %*0.1092*1.406
=ROA %*Equity Multiplier
=10.64 %*1.406
=14.96 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2021) net income data. The Revenue data used here is two times the semi-annual (Jun. 2021) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Brookfield Real Assetsome Fund's annulized ROA % for the quarter that ended in Jun. 2021 is

ROA %(Q: Jun. 2021 )
=Net Income/Total Assets
=135.798/1275.9035
=(Net Income / Revenue)*(Revenue / Total Assets)
=(135.798 / 139.312)*(139.312 / 1275.9035)
=Net Margin %*Asset Turnover
=97.48 %*0.1092
=10.64 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2021) net income data. The Revenue data used here is two times the semi-annual (Jun. 2021) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Brookfield Real Assetsome Fund Asset Turnover Related Terms

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Brookfield Real Assetsome Fund Business Description

Brookfield Real Assetsome Fund logo
Industry
Financial Services » Asset Management NAICS : 523930 SIC : 6282
Traded in Other Exchanges
N/A
Address
250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023
Brookfield Real Assets Income Fund Inc. is a diversified, closed-end management investment company. Its investment objective is to seek high total return, primarily through high current income and secondarily, through the growth of capital. The fund's portfolio is allocated into the various division which consists of high yield corporate credit, securitized credit, global real estate equities, global infrastructure equities, U.S. energy mlp equities and other assets and cash.
Executives
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS 100 PEARL STREET HARTFORD CT 06103
Salvatore Louis P director 7 SYLVAN WAY PARSIPPANY NJ 07054
Mcfarland Stuart A director C/O FORTRESS INVESTMENT GROUP 1345 AVE OF THE AMERICAS 46TH FL NEW YORK NY 10105
Kuczmarski Edward A director C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY ST, 15TH FL NEW YORK NY 10281-1023
Ghantous Angela W officer: Treasurer C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY STREET, 15TH NEW YORK NY 10281-1023
Hurley Brian officer: President BROOKFIELD INVESTMENT MANAGEMENT INC. BROOKFIELD PLACE, 250 VESEY STREET, 15TH NEW YORK NY 10281-1023
Sachs Adam Ross officer: Chief Compliance Officer C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY STREET, 15TH NEW YORK NY 10281
Noble Craig other: CEO & PM of the Adviser C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY ST, 15TH FL NEW YORK NY 10281-1023
Janus Christopher other: Portfolio Manager BROOKFIELD PUBLIC SECURITIES GROUP LLC BROOKFIELD PLACE, 250 VESEY ST., 15FL, NEW YORK NY 10281
Parker Daniel Gary other: Portfolio Manager C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY STREET, 15TH NEW YORK NY 10281-1023
Rieger Alexis I officer: Secretary C/O BROOKFIELD INVESTMENT MANAGAMNET INC BROOKFIELD PLACE, 250 VESEY ST., 15TH FL NEW YORK NY 10281-1023
Peeney Thomas Doyle officer: Secretary BROOKFIELD INVESTMENT MANAGEMENT INC. BROOKFIELD PLACE, 250 VESEY ST., 15TH FL NEW YORK NY 10281
Gelman Seth officer: CCO, other: CCO of Adviser C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY ST, 15TH FL NEW YORK NY 10281-1023
Williams Jeffrey Conrad other: Sub-Adviser Portfolio Manager BROOKFIELD INVESTMENT MANAGEMENT INC. BROOKFIELD PLACE, 250 VESEY ST., 15TH FL NEW YORK NY 10281-1023
Goldman Heather S. director C/O BROOKFIELD INVESTMENT MANAGEMENT INC BROOKFIELD PLACE, 250 VESEY STREET, 15FL NEW YORK NY 10281-1023

Brookfield Real Assetsome Fund Headlines

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