PCF (Highome Securities Fund) Asset Turnover: -0.00 (As of Feb. 2026)


PCF High Income Securities Fund PCF
35 GF Score
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What is Highome Securities Fund Asset Turnover?

Highome Securities Fund PCF +0.37% 35 Asset Turnover is -0.00 as of Feb. 2026. GuruFocus rates PCF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Highome Securities Fund's Revenue for the six months ended in Feb. 2026 was $-0.26 Mil. Highome Securities Fund's Total Assets for the quarter that ended in Feb. 2026 was $128.75 Mil. Therefore, Highome Securities Fund's Asset Turnover for the quarter that ended in Feb. 2026 was -0.00.

Asset Turnover is linked to ROE % through Du Pont Formula. Highome Securities Fund's annualized ROE % for the quarter that ended in Feb. 2026 was -0.98%. It is also linked to ROA % through Du Pont Formula. Highome Securities Fund's annualized ROA % for the quarter that ended in Feb. 2026 was -0.98%.


Highome Securities Fund  (NYSE:PCF) Asset Turnover Explanation

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

Highome Securities Fund's annulized ROE % for the quarter that ended in Feb. 2026 is

ROE %**(Q: Feb. 2026 )
=Net Income/Total Stockholders Equity
=-1.26/128.3465
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.26 / -0.512)*(-0.512 / 128.747)*(128.747/ 128.3465)
=Net Margin %*Asset Turnover*Equity Multiplier
=246.09 %*-0.004*1.0031
=ROA %*Equity Multiplier
=-0.98 %*1.0031
=-0.98 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) 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:

Highome Securities Fund's annulized ROA % for the quarter that ended in Feb. 2026 is

ROA %(Q: Feb. 2026 )
=Net Income/Total Assets
=-1.26/128.747
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.26 / -0.512)*(-0.512 / 128.747)
=Net Margin %*Asset Turnover
=246.09 %*-0.004
=-0.98 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) net income data. The Revenue data used here is two times the semi-annual (Feb. 2026) 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.


Highome Securities Fund Asset Turnover Related Terms


Highome Securities Fund Asset Turnover Historical Data

* Premium members only.

The historical data trend for Highome Securities 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.

Highome Securities Fund Asset Turnover Chart

Highome Securities Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.24 -0.02 0.05 0.11 0.07

Highome Securities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Asset Turnover 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 0.05 0.07 0.05 0.04 -0.00

PCF vs ERH, PGP, ENDI: Asset Turnover Comparison

For the Asset Management subindustry, Highome Securities Fund's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Highome Securities Fund Asset Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Highome Securities Fund's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Highome Securities Fund's Asset Turnover falls into.


PCF
35GF Score
High Income Securities Fund PCF
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Highome Securities Fund Asset Turnover Calculation

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

Highome Securities Fund's Asset Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Aug. 2025 )/( (Total Assets (A: Aug. 2024 )+Total Assets (A: Aug. 2025 ))/ count )
=12.704/( (213.765+132.259)/ 2 )
=12.704/173.012
=0.07

Highome Securities Fund's Asset Turnover for the quarter that ended in Feb. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=-0.256/( (132.259+125.235)/ 2 )
=-0.256/128.747
=-0.00

* 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.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of -0.00 mean?
Highome Securities Fund (PCF) has a Asset Turnover of -0.00 as of Feb. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Highome Securities Fund and its competitors.
Is Highome Securities Fund's Asset Turnover too high?
Highome Securities Fund's current Asset Turnover is -0.00. Overall, Highome Securities Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Highome Securities Fund's Asset Turnover compare to ERH and PGP?
Highome Securities Fund's Asset Turnover of -0.00 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 Asset Turnover for an Asset Management company?
A good Asset Turnover depends on the Asset Management industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Highome Securities Fund and its competitors. Highome Securities Fund's current Asset Turnover is -0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highome Securities Fund stock overvalued right now?
Highome Securities Fund (PCF) has a current Asset Turnover of -0.00. The current Asset Turnover is -0.00. Highome Securities Fund's overall GF Score™ is 35/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Highome Securities Fund (PCF), the current Asset Turnover is -0.00 as of Feb. 2026. 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.

Highome Securities Fund Business Description

Address 615 East Michigan Street, Milwaukee, WI, USA, 53202
High Income Securities Fund is a closed-end management investment company. Its primary objective is to provide high current income and capital appreciation is the secondary objective. The Fund pursues its objective mainly by investing in both convertible bonds and convertible preferred stocks. The Fund also invests significantly in high-yielding non-convertible securities with the potential for capital appreciation.
35GF Score

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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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