abrdn Asianome Fund (LSE:AAIF) Total Assets : £434.11 Mil (As of Dec. 2023)

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What is abrdn Asianome Fund Total Assets?

abrdn Asianome Fund's Total Assets for the quarter that ended in Dec. 2023 was £434.11 Mil.

During the past 12 months, abrdn Asianome Fund's average Total Assets Growth Rate was -3.80% per year. During the past 3 years, the average Total Assets Growth Rate was -2.30% per year. During the past 5 years, the average Total Assets Growth Rate was 0.90% per year. During the past 10 years, the average Total Assets Growth Rate was 1.90% per year.

During the past 13 years, abrdn Asianome Fund's highest 3-Year average Total Assets Growth Rate was 33.40%. The lowest was -2.30%. And the median was 5.20%.

Total Assets is connected with ROA %. abrdn Asianome Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 10.90%. Total Assets is also linked to Revenue through Asset Turnover. abrdn Asianome Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

abrdn Asianome Fund Total Assets Historical Data

The historical data trend for abrdn Asianome 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.

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abrdn Asianome Fund Total Assets Chart

abrdn Asianome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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441.01

470.42

502.08

456.83

434.11

abrdn Asianome Fund Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															502.08	461.96	456.83	433.96	434.11

abrdn Asianome Fund 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.

abrdn Asianome 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 )
	=	398.868	+	35.241
	=	434.11

abrdn Asianome Fund's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	398.868	+	35.241
	=	434.11

abrdn Asianome Fund (LSE:AAIF) Total Assets Explanation

Total Assets is connected with ROA %.

abrdn Asianome Fund's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	47.294	/	( (433.961	+	434.109)	/ 2 )
	=	47.294	/	434.035
	=	10.90 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

abrdn Asianome Fund's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	24.657	/	( (433.961	+	434.109)	/ 2 )
=	24.657	/	434.035
=	0.06

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.

abrdn Asianome Fund Total Assets Related Terms

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abrdn Asianome Fund (LSE:AAIF) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Asian Income Fund Ltd (LSE:AAIF) » Definitions » Total Assets

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AAIFl:UK

Address

Sir Walter Raleigh House, 48 - 50 Esplanade, 1st Floor, Saint Helier, JEY, JE2 3QB

Website

https://www.asian-income.co.uk

abrdn Asian Income Fund Ltd is an investment fund managed by Aberdeen Asset Management Asia Ltd based in the United Kingdom. The company aims to invest in Asia-based securities listed on stock exchanges in the Asia-Pacific region. It also invests in companies listed on other international exchanges that derive revenues or profits from the Asia-Pacific region. The company's strategy involves attracting long-term private and institutional investors and providing the benefits of the growth prospects of Asian companies. Its portfolio comprises various securities such as equity shares, preference shares, debt, convertible securities, warrants, and other equity-related securities.

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