GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Priority Income Fund, Inc. (GREY:PRIF) » Definitions » Total Assets

Priorityome Fund, (Priorityome Fund,) Total Assets : $934.92 Mil (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Priorityome Fund, Total Assets?

Priorityome Fund,'s Total Assets for the quarter that ended in Jun. 2023 was $934.92 Mil.

During the past 12 months, Priorityome Fund,'s average Total Assets Growth Rate was 7.10% per year. During the past 3 years, the average Total Assets Growth Rate was 19.40% per year. During the past 5 years, the average Total Assets Growth Rate was 20.60% per year. During the past 10 years, the average Total Assets Growth Rate was 71.80% per year.

During the past 11 years, Priorityome Fund,'s highest 3-Year average Total Assets Growth Rate was 409.60%. The lowest was 17.40%. And the median was 34.50%.

Total Assets is connected with ROA %. Priorityome Fund,'s annualized ROA % for the quarter that ended in Jun. 2023 was 4.01%. Total Assets is also linked to Revenue through Asset Turnover. Priorityome Fund,'s Asset Turnover for the quarter that ended in Jun. 2023 was 0.07.

Priorityome Fund, Total Assets Historical Data

The historical data trend for Priorityome 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.

Priorityome Fund, Total Assets Chart

Priorityome Fund, Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 551.50 548.07 709.07 858.15 934.92

Priorityome Fund, Semi-Annual Data
Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 551.50 548.07 709.07 858.15 934.92

Priorityome 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.

Priorityome Fund,'s Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (A: Jun. 2023 )+Total Liabilities (A: Jun. 2023 )
=609.387+325.533
=934.92

Priorityome Fund,'s Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=609.387+325.533
=934.92

* 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.

Priorityome Fund,  (GREY:PRIF) Total Assets Explanation

Total Assets is connected with ROA %.

Priorityome Fund,'s annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=35.97/( (858.154+934.921)/ 2 )
=35.97/896.5375
=4.01 %

Note: The Net Income data used here is one times the annual (Jun. 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.

Priorityome Fund,'s Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=62.418/( (858.154+934.921)/ 2 )
=62.418/896.5375
=0.07

* 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.

Priorityome Fund, Total Assets Related Terms

Thank you for viewing the detailed overview of Priorityome Fund,'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Priorityome Fund, (Priorityome Fund,) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Priority Income Fund, Inc. (GREY:PRIF) » Definitions » Total Assets
Comparable Companies
EMD NMCO DIAX BGB IFN IIM HFRO NKX BGY LDP BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
PRIFPG.PFD:USA PRIFpF.PFD:USA PRIFpD.PFD:USA
Address
10 East 40th Street, 42nd Floor, New York, NY, USA, 10016
Website
https://www.priorityincomefund.com
Priority Income Fund, Inc. is an externally managed, nondiversified, closed-end management investment company. Its investment objective is to generate current income, and as a secondary objective, long-term capital appreciation. The company invests in broad pools of senior secured, floating rate loans made primarily to U.S. companies. Its goal is to increase income and portfolio diversification and reduce correlation to traditional fixed-income assets.

Priorityome Fund, (Priorityome Fund,) Headlines

No Headlines