Polar Capital Global Financials Trust (LSE:PCFT) Total Assets : £564.31 Mil (As of Nov. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Polar Capital Global Financials Trust Total Assets?

Polar Capital Global Financials Trust's Total Assets for the quarter that ended in Nov. 2023 was £564.31 Mil.

During the past 12 months, Polar Capital Global Financials Trust's average Total Assets Growth Rate was -8.40% per year. During the past 3 years, the average Total Assets Growth Rate was 40.90% per year. During the past 5 years, the average Total Assets Growth Rate was 17.80% per year. During the past 10 years, the average Total Assets Growth Rate was 11.70% per year.

During the past 11 years, Polar Capital Global Financials Trust's highest 3-Year average Total Assets Growth Rate was 40.90%. The lowest was -14.50%. And the median was 14.35%.

Total Assets is connected with ROA %. Polar Capital Global Financials Trust's annualized ROA % for the quarter that ended in Nov. 2023 was 9.62%. Total Assets is also linked to Revenue through Asset Turnover. Polar Capital Global Financials Trust's Asset Turnover for the quarter that ended in Nov. 2023 was 0.05.

Polar Capital Global Financials Trust Total Assets Historical Data

The historical data trend for Polar Capital Global Financials Trust'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.

Polar Capital Global Financials Trust Total Assets Chart

Polar Capital Global Financials Trust Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Total Assets

Get a 7-Day Free Trial

318.90

188.84

510.04

605.71

564.31

Polar Capital Global Financials Trust Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Total Assets	Get a 7-Day Free Trial															510.04	591.65	605.71	577.09	564.31

Polar Capital Global Financials Trust 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.

Polar Capital Global Financials Trust's Total Assets for the fiscal year that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (A: Nov. 2023 )	+	Total Liabilities (A: Nov. 2023 )
	=	488.198	+	76.113
	=	564.31

Polar Capital Global Financials Trust's Total Assets for the quarter that ended in Nov. 2023 is calculated as

Total Assets	=	Total Equity (Q: Nov. 2023 )	+	Total Liabilities (Q: Nov. 2023 )
	=	488.198	+	76.113
	=	564.31

Polar Capital Global Financials Trust (LSE:PCFT) Total Assets Explanation

Total Assets is connected with ROA %.

Polar Capital Global Financials Trust's annualized ROA % for the quarter that ended in Nov. 2023 is

ROA %	=	Net Income (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
	=	54.916	/	( (577.093	+	564.311)	/ 2 )
	=	54.916	/	570.702
	=	9.62 %

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

Polar Capital Global Financials Trust's Asset Turnover for the quarter that ended in Nov. 2023 is

	Asset Turnover
=	Revenue (Q: Nov. 2023 )	/	( (Total Assets (Q: May. 2023 )	+	Total Assets (Q: Nov. 2023 ))	/ count )
=	28.545	/	( (577.093	+	564.311)	/ 2 )
=	28.545	/	570.702
=	0.05

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.

Polar Capital Global Financials Trust Total Assets Related Terms

Thank you for viewing the detailed overview of Polar Capital Global Financials Trust's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Polar Capital Global Financials Trust (LSE:PCFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polar Capital Global Financials Trust PLC (LSE:PCFT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PCFTl:UK

Address

16 Palace Street, London, GBR, SW1E 5JD

Website

https://www.polarcapitalglobalfinancialstrust.com

Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, the company invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property, and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan, and East Europe.

Polar Capital Global Financials Trust (LSE:PCFT) Headlines

No Headlines