MINTome Fund (MINTome Fund) Total Assets : $69.41 Mil (As of Dec. 2023)

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What is MINTome Fund Total Assets?

MINTome Fund's Total Assets for the quarter that ended in Dec. 2023 was $69.41 Mil.

During the past 12 months, MINTome Fund's average Total Assets Growth Rate was 9.90% per year. During the past 3 years, the average Total Assets Growth Rate was 6.30% per year. During the past 5 years, the average Total Assets Growth Rate was -5.70% per year. During the past 10 years, the average Total Assets Growth Rate was -6.30% per year.

During the past 13 years, MINTome Fund's highest 3-Year average Total Assets Growth Rate was 473.20%. The lowest was -32.50%. And the median was 6.30%.

Total Assets is connected with ROA %. MINTome Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 0.92%. Total Assets is also linked to Revenue through Asset Turnover. MINTome Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

MINTome Fund Total Assets Historical Data

The historical data trend for MINTome 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.

* Premium members only.

MINTome Fund Total Assets Chart

MINTome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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96.08

60.24

76.95

65.56

69.41

MINTome 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															76.95	79.23	65.56	78.76	69.41

MINTome 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.

MINTome 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 )
	=	53.742	+	15.669
	=	69.41

MINTome 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 )
	=	53.742	+	15.669
	=	69.41

MINTome Fund (GREY:MICFF) Total Assets Explanation

Total Assets is connected with ROA %.

MINTome 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 )
	=	0.684	/	( (78.758	+	69.411)	/ 2 )
	=	0.684	/	74.0845
	=	0.92 %

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.

MINTome 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 )
=	0.528	/	( (78.758	+	69.411)	/ 2 )
=	0.528	/	74.0845
=	0.01

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.

MINTome Fund Total Assets Related Terms

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MINTome Fund (MINTome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MINT Income Fund (GREY:MICFF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MID.UN:Canada

Address

First Canadian Place, 58th Floor, P.O. Box 192, Toronto, ON, CAN, M5X 1A6

Website

https://www.middlefield.com

MINT Income Fund is a closed-end investment trust. The fund's investment objectives are to produce a high level of sustainable income and to minimize the risk of investing in high-income securities on a cost-effective basis. Primarily, it invests in a diversified portfolio of securities consisting of the equity of issuers operating in various industries and geographic regions. Additionally, the fund invests in various sectors, including real estate, financials, pipelines, industrials, healthcare, energy, consumer discretionary, preferred shares, corporate debt, consumer staples, technology, utilities, and metals and mining.

MINTome Fund (MINTome Fund) Headlines

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MINT Income Fund Distributions

By GlobeNewswire • 07-19-2023