Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Total Assets : $118.69 Mil (As of Apr. 2018)

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What is Advent/claymore Enhanced Growth &ome Total Assets?

Advent/claymore Enhanced Growth &ome's Total Assets for the quarter that ended in Apr. 2018 was $118.69 Mil.

Total Assets is connected with ROA %. Advent/claymore Enhanced Growth &ome's annualized ROA % for the quarter that ended in Apr. 2018 was -1.74%. Total Assets is also linked to Revenue through Asset Turnover. Advent/claymore Enhanced Growth &ome's Asset Turnover for the quarter that ended in Apr. 2018 was 0.00.

Advent/claymore Enhanced Growth &ome Total Assets Historical Data

The historical data trend for Advent/claymore Enhanced Growth &ome'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.

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Advent/claymore Enhanced Growth &ome Total Assets Chart

Advent/claymore Enhanced Growth &ome Annual Data

Trend

Oct17

Total Assets

124.87

Advent/claymore Enhanced Growth &ome Semi-Annual Data
	Oct17	Apr18
Total Assets	124.87	118.69

Advent/claymore Enhanced Growth &ome 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.

Advent/claymore Enhanced Growth &ome's Total Assets for the fiscal year that ended in Oct. 2017 is calculated as

Total Assets	=	Total Equity (A: Oct. 2017 )	+	Total Liabilities (A: Oct. 2017 )
	=	86.76	+	38.11
	=	124.87

Advent/claymore Enhanced Growth &ome's Total Assets for the quarter that ended in Apr. 2018 is calculated as

Total Assets	=	Total Equity (Q: Apr. 2018 )	+	Total Liabilities (Q: Apr. 2018 )
	=	81.841	+	36.849
	=	118.69

Advent/claymore Enhanced Growth &ome (NYSE:LCM) Total Assets Explanation

Total Assets is connected with ROA %.

Advent/claymore Enhanced Growth &ome's annualized ROA % for the quarter that ended in Apr. 2018 is

ROA %	=	Net Income (Q: Apr. 2018 )	/	( (Total Assets (Q: Oct. 2017 )	+	Total Assets (Q: Apr. 2018 ))	/ count )
	=	-2.124	/	( (124.87	+	118.69)	/ 2 )
	=	-2.124	/	121.78
	=	-1.74 %

Note: The Net Income data used here is two times the semi-annual (Apr. 2018) 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.

Advent/claymore Enhanced Growth &ome's Asset Turnover for the quarter that ended in Apr. 2018 is

	Asset Turnover
=	Revenue (Q: Apr. 2018 )	/	( (Total Assets (Q: Oct. 2017 )	+	Total Assets (Q: Apr. 2018 ))	/ count )
=	0.378	/	( (124.87	+	118.69)	/ 2 )
=	0.378	/	121.78
=	0.00

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.

Advent/claymore Enhanced Growth &ome Total Assets Related Terms

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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Advent/claymore Enhanced Growth & Income (NYSE:LCM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.guggenheiminvestments.com

Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.

Executives

Tony Huang	officer: V.P. & Assistant Secretary	227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog	10 percent owner	PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos	10 percent owner	250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels	10 percent owner	72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein	10 percent owner	60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland	director, officer: Chairman, CEO & President, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes	director, other: Trustee	2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko	other: Managing Director	1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk	officer: CCO & Secy	280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart	director, other: Trustee	10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz	officer: Chief Compliance Officer	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina	director, other: Trustee	ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen	other: Portfolio Manager	2455 CORPORATE WEST DRIVE, LISLE IL 60532

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