5Banc Split (TSX:FBS.PR.C.PFD) Total Assets : C$36.50 Mil (As of Jun. 2016)

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What is 5Banc Split Total Assets?

5Banc Split's Total Assets for the quarter that ended in Jun. 2016 was C$36.50 Mil.

During the past 12 months, 5Banc Split's average Total Assets Growth Rate was -15.60% per year. During the past 3 years, the average Total Assets Growth Rate was -15.40% per year. During the past 5 years, the average Total Assets Growth Rate was -19.50% per year. During the past 10 years, the average Total Assets Growth Rate was -9.20% per year.

During the past 13 years, 5Banc Split's highest 3-Year average Total Assets Growth Rate was 269.40%. The lowest was -74.50%. And the median was -16.60%.

Total Assets is connected with ROA %. 5Banc Split's annualized ROA % for the quarter that ended in Jun. 2016 was 16.05%. Total Assets is also linked to Revenue through Asset Turnover. 5Banc Split's Asset Turnover for the quarter that ended in Jun. 2016 was 0.08.

5Banc Split Total Assets Historical Data

The historical data trend for 5Banc Split'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.

5Banc Split Total Assets Chart

5Banc Split Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Total Assets

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60.23

56.36

48.05

43.25

34.29

5Banc Split Semi-Annual Data
	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Total Assets	Get a 7-Day Free Trial															53.50	43.25	43.10	34.29	36.50

5Banc Split 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.

5Banc Split's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets	=	Total Equity (A: Dec. 2015 )	+	Total Liabilities (A: Dec. 2015 )
	=	23.283	+	11.01
	=	34.29

5Banc Split's Total Assets for the quarter that ended in Jun. 2016 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2016 )	+	Total Liabilities (Q: Jun. 2016 )
	=	25.522	+	10.976
	=	36.50

5Banc Split (TSX:FBS.PR.C.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

5Banc Split's annualized ROA % for the quarter that ended in Jun. 2016 is

ROA %	=	Net Income (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
	=	5.68	/	( (34.293	+	36.498)	/ 2 )
	=	5.68	/	35.3955
	=	16.05 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2016) 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.

5Banc Split's Asset Turnover for the quarter that ended in Jun. 2016 is

	Asset Turnover
=	Revenue (Q: Jun. 2016 )	/	( (Total Assets (Q: Dec. 2015 )	+	Total Assets (Q: Jun. 2016 ))	/ count )
=	2.994	/	( (34.293	+	36.498)	/ 2 )
=	2.994	/	35.3955
=	0.08

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.

5Banc Split Total Assets Related Terms

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5Banc Split (TSX:FBS.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » 5Banc Split Inc (TSX:FBS.PR.C.PFD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.timbercreek.com

5Banc Split, Inc. operates as a closed-end mutual fund in Canada. It invests in a portfolio of publicly listed common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and toronto-Dominion Bank. The Company holds the Portfolio Shares in order to generate fixed cumulative preferential dividends for the holders of the Company's Preferred Shares. Holders of the Capital Shares will also receive, subject to the prior rights of Preferred Shareholders, excess dividends, if any, after payment of the expenses of the Company and dividends on the Preferred Shares. The Company also provides holders of the Capital Shares with a leveraged investment, the value of which is linked to the changes in the fair value of the Portfolio Shares. The holders of Capital Shares benefit from capital appreciation in the Portfolio Shares in excess of the value of the Preferred Shares, any accrued and unpaid distributions on the Preferred Shares, and accrued and unpaid expenses. The Company only trades the Portfolio Shares in limited circumstances as described in the Company's original prospectus.

5Banc Split (TSX:FBS.PR.C.PFD) Headlines

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