During the past 12 months, BlackRock MuniHoldings California Quality Fund's average Total Assets Growth Rate was -5.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 19.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 14.70% per year.
* 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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BlackRock MuniHoldings California Quality Fund Total Assets Chart
BlackRock MuniHoldings California Quality Fund Annual Data
BlackRock MuniHoldings California Quality 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.
* 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.
BlackRock MuniHoldings California Quality Fund (NYSE:MUC) Total Assets Explanation
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.
BlackRock MuniHoldings California Quality Fund's Asset Turnover for the quarter that ended in Jan. 2024 is
* 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.
BlackRock MuniHoldings California Quality Fund Total Assets Related Terms
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BlackRock MuniHoldings California Quality Fund (BlackRock MuniHoldings California Quality Fund) Business Description
BlackRock MuniHoldings California Quality Fund Inc is a diversified, closed-end management investment firm. Its investment objective is to provide shareholders with current income exempt from U.S. federal income taxes and California personal income taxes.
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