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Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Total Assets : $484.5 Mil (As of Dec. 2023)


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What is Columbia Seligman Premium Technology Growth Fund Total Assets?

Columbia Seligman Premium Technology Growth Fund's Total Assets for the quarter that ended in Dec. 2023 was $484.5 Mil.

During the past 12 months, Columbia Seligman Premium Technology Growth Fund's average Total Assets Growth Rate was 26.10% per year. During the past 3 years, the average Total Assets Growth Rate was 2.70% per year. During the past 5 years, the average Total Assets Growth Rate was 9.30% per year.

During the past 8 years, Columbia Seligman Premium Technology Growth Fund's highest 3-Year average Total Assets Growth Rate was 28.20%. The lowest was 0.90%. And the median was 9.60%.

Total Assets is connected with ROA %. Columbia Seligman Premium Technology Growth Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 17.56%. Total Assets is also linked to Revenue through Asset Turnover. Columbia Seligman Premium Technology Growth Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.


Columbia Seligman Premium Technology Growth Fund Total Assets Historical Data

The historical data trend for Columbia Seligman Premium Technology Growth 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.

Columbia Seligman Premium Technology Growth Fund Total Assets Chart

Columbia Seligman Premium Technology Growth Fund Annual Data
Trend Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 373.97 446.60 589.16 384.13 484.51

Columbia Seligman Premium Technology Growth Fund Semi-Annual Data
Jun15 Dec15 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 589.16 410.10 384.13 458.79 484.51

Columbia Seligman Premium Technology Growth 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.

Columbia Seligman Premium Technology Growth 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 )
=478.924+5.586
=484.5

Columbia Seligman Premium Technology Growth 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 )
=478.924+5.586
=484.5

* 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.


Columbia Seligman Premium Technology Growth Fund  (NYSE:STK) Total Assets Explanation

Total Assets is connected with ROA %.

Columbia Seligman Premium Technology Growth 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 )
=82.814/( (458.791+484.509)/ 2 )
=82.814/471.65
=17.56 %

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.

Columbia Seligman Premium Technology Growth 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 )
=41.574/( (458.791+484.509)/ 2 )
=41.574/471.65
=0.09

* 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.

Columbia Seligman Premium Technology Growth Fund Total Assets Related Terms

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Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Business Description

Traded in Other Exchanges
N/A
Address
225 Franklin Street, Boston, MA, USA, 02110
Columbia Seligman Premium Technology Growth Fund Inc is a closed-end management investment company. Its investment objective is to seek growth of capital and current income. The fund invests in various sectors such as consumer discretionary, industrials, information technology and telecommunication services. Columbia Management Investment Advisers, LLC serves as the investment manager to the fund.
Executives
Janet Carrig director ONE SOUTH WACKER DRIVE SUITE 3200, CHICAGO IL 60606
Douglas A Hacker director P O BOX 66100-WHQLD, CHICAGO IL 60666
Daniel Beckman officer: Senior Vice President 225 FRANKLIN STREET, BOSTON MA 02110
Gene R Tannuzzo other: Man Dir/GL HD of FI Issuer IA 225 FRANKLIN ST., BOSTON MA 02110
Christopher O. Petersen officer: Vice President and Secretary 5228 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Brian M. Engelking other: Dir.,VP & CFO of Issuer's IA 225 FRANKLIN STREET, BOSTON MA 02110
Sandra Yeager director 225 FRANKLIN ST., BOSTON MA 02110
Jonathan C Cleasby other: Dir., VP & CFO of Issuer's IA 225 FRANKLIN ST., BOSTON MA 02110
Brian J Gallagher director 225 FRANKLIN STREET, BOSTON MA 02110
Pamela G Carlton director 901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Anthony M Santomero director RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19
Joseph Beranek officer: Treasurer of Issuer 225 FRANKLIN ST, BOSTON MA 02110
Scott E Couto other: EVP/Head N.Am. for Issuer's IA 225 FRANKLIN ST, BOSTON MA 02110
Vimal Patel other: Portfolio Manager of Issuer 50606 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Shekhar Pramanick other: Portfolio Manager of Issuer 225 FRANKLIN STREET, BOSTON MA 02110

Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Headlines

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