GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » North American Income Trust (The) PLC (LSE:NAIT) » Definitions » Total Assets

North Americanome Trust (The) (LSE:NAIT) Total Assets : £477.17 Mil (As of Jan. 2024)


View and export this data going back to 1952. Start your Free Trial

What is North Americanome Trust (The) Total Assets?

North Americanome Trust (The)'s Total Assets for the quarter that ended in Jan. 2024 was £477.17 Mil.

During the past 12 months, North Americanome Trust (The)'s average Total Assets Growth Rate was -6.90% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% per year. During the past 5 years, the average Total Assets Growth Rate was 3.00% per year. During the past 10 years, the average Total Assets Growth Rate was 4.70% per year.

During the past 13 years, North Americanome Trust (The)'s highest 3-Year average Total Assets Growth Rate was 16.30%. The lowest was -28.40%. And the median was 5.85%.

Total Assets is connected with ROA %. North Americanome Trust (The)'s annualized ROA % for the quarter that ended in Jan. 2024 was 3.97%. Total Assets is also linked to Revenue through Asset Turnover. North Americanome Trust (The)'s Asset Turnover for the quarter that ended in Jan. 2024 was 0.02.


North Americanome Trust (The) Total Assets Historical Data

The historical data trend for North Americanome Trust (The)'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.

North Americanome Trust (The) Total Assets Chart

North Americanome Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 434.50 416.08 490.56 516.31 477.17

North Americanome Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 490.56 502.09 516.31 497.38 477.17

North Americanome Trust (The) 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.

North Americanome Trust (The)'s Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (A: Jan. 2024 )+Total Liabilities (A: Jan. 2024 )
=436.479+40.689
=477.17

North Americanome Trust (The)'s Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets=Total Equity (Q: Jan. 2024 )+Total Liabilities (Q: Jan. 2024 )
=436.479+40.689
=477.17

* 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.


North Americanome Trust (The)  (LSE:NAIT) Total Assets Explanation

Total Assets is connected with ROA %.

North Americanome Trust (The)'s annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=19.354/( (497.378+477.168)/ 2 )
=19.354/487.273
=3.97 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) 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.

North Americanome Trust (The)'s Asset Turnover for the quarter that ended in Jan. 2024 is

Asset Turnover
=Revenue (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=11.395/( (497.378+477.168)/ 2 )
=11.395/487.273
=0.02

* 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.

North Americanome Trust (The) Total Assets Related Terms

Thank you for viewing the detailed overview of North Americanome Trust (The)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


North Americanome Trust (The) (LSE:NAIT) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
The North American Income Trust PLC is a closed-end investment company. The objective of the company is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominately of S&P 500 US equities.

North Americanome Trust (The) (LSE:NAIT) Headlines

No Headlines