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abrdn Diversifiedome and Growth (LSE:ADIG) Total Assets : £362.63 Mil (As of Sep. 2023)


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What is abrdn Diversifiedome and Growth Total Assets?

abrdn Diversifiedome and Growth's Total Assets for the quarter that ended in Sep. 2023 was £362.63 Mil.

During the past 12 months, abrdn Diversifiedome and Growth's average Total Assets Growth Rate was -9.80% per year. During the past 3 years, the average Total Assets Growth Rate was -7.70% per year. During the past 5 years, the average Total Assets Growth Rate was -6.60% per year. During the past 10 years, the average Total Assets Growth Rate was -3.10% per year.

During the past 13 years, abrdn Diversifiedome and Growth's highest 3-Year average Total Assets Growth Rate was 6.00%. The lowest was -10.10%. And the median was -0.55%.

Total Assets is connected with ROA %. abrdn Diversifiedome and Growth's annualized ROA % for the quarter that ended in Sep. 2023 was -3.94%. Total Assets is also linked to Revenue through Asset Turnover. abrdn Diversifiedome and Growth's Asset Turnover for the quarter that ended in Sep. 2023 was -0.01.


abrdn Diversifiedome and Growth Total Assets Historical Data

The historical data trend for abrdn Diversifiedome and Growth'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.

* Premium members only.

abrdn Diversifiedome and Growth Total Assets Chart

abrdn Diversifiedome and Growth Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 474.03 451.45 401.87 385.91 362.63

abrdn Diversifiedome and Growth Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Assets 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 Premium Member Only Premium Member Only 401.87 404.32 385.91 369.24 362.63

abrdn Diversifiedome and Growth 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 Diversifiedome and Growth's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (A: Sep. 2023 )+Total Liabilities (A: Sep. 2023 )
=339.534+23.099
=362.63

abrdn Diversifiedome and Growth's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=339.534+23.099
=362.63

* 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.


abrdn Diversifiedome and Growth  (LSE:ADIG) Total Assets Explanation

Total Assets is connected with ROA %.

abrdn Diversifiedome and Growth's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-14.43/( (369.242+362.633)/ 2 )
=-14.43/365.9375
=-3.94 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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 Diversifiedome and Growth's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-4.955/( (369.242+362.633)/ 2 )
=-4.955/365.9375
=-0.01

* 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.

abrdn Diversifiedome and Growth Total Assets Related Terms

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abrdn Diversifiedome and Growth (LSE:ADIG) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
abrdn Diversified Income and Growth PLC is an investment trust. Its investment objective is a total portfolio return of LIBOR (London Interbank Offered Rate) plus 5.5% per annum (net of fees) over rolling five-year periods. It invests globally using a flexible multi-asset approach via quoted and unquoted investments. The company holds a diversified portfolio of financial instruments such as UK Equity Portfolio, Overseas Equity Income Sleeve, Fixed Income, Listed Alternatives, Cash and Cash Equivalents. The company has not restricted the exposure of investments for any geographical regions or sectors and will achieve an appropriate spread of risk by investing in a diversified portfolio of securities and other assets.

abrdn Diversifiedome and Growth (LSE:ADIG) Headlines

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