Tri Continental Closed Fund
Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio again… Read more
Tri Continental Closed Fund (TY) - Total Assets
Latest total assets as of June 2025: $1.90 Billion USD
Based on the latest financial reports, Tri Continental Closed Fund (TY) holds total assets worth $1.90 Billion USD as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tri Continental Closed Fund - Total Assets Trend (1996–2024)
This chart illustrates how Tri Continental Closed Fund’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tri Continental Closed Fund - Asset Composition Analysis
Current Asset Composition (December 2024)
Tri Continental Closed Fund's total assets of $1.90 Billion consist of 0.6% current assets and 99.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $10.74 Million | 0.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2024)
This chart illustrates how Tri Continental Closed Fund's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tri Continental Closed Fund's current assets represent 0.6% of total assets in 2024, a decrease from 0.6% in 1996.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2024, down from 0.4% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
Tri Continental Closed Fund Competitors by Total Assets
Key competitors of Tri Continental Closed Fund based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bexil Cp
PINK:BXLC
|
USA | $29.44 Million |
|
Norte Grande
SN:NORTEGRAN
|
Chile | CL$2.91 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
USA | $1.87 Billion |
|
Big Tech 50 R&D-Limited Partnership
TA:BIGT
|
Israel | ILA14.08 Million |
|
Zhuhai Huajin Capital Co Ltd
SHE:000532
|
China | CN¥2.38 Billion |
|
Shaanxi International Trust Co Ltd
SHE:000563
|
China | CN¥29.45 Billion |
|
Sichuan Shuangma Cement Co Ltd
SHE:000935
|
China | CN¥9.30 Billion |
|
Sk Securities
KO:001510
|
Korea | ₩7.28 Trillion |
Tri Continental Closed Fund - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Tri Continental Closed Fund generates 0.17x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Tri Continental Closed Fund generates $ 16.83 in net profit.
Tri Continental Closed Fund - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 10.95 | -0.01 | 1.75 |
| Quick Ratio | 10.95 | -0.01 | 1.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $14.13 Million | $ -3.20 Million | $ 9.06 Million |
Tri Continental Closed Fund - Advanced Valuation Insights
This section examines the relationship between Tri Continental Closed Fund's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.93 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 8.7% |
| Total Assets | $1.91 Billion |
| Market Capitalization | $301.63K USD |
Valuation Analysis
Below Book Valuation: The market values Tri Continental Closed Fund's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Tri Continental Closed Fund's assets grew by 8.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tri Continental Closed Fund (1996–2024)
The table below shows the annual total assets of Tri Continental Closed Fund from 1996 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.91 Billion | +8.70% |
| 2023-12-31 | $1.75 Billion | +8.46% |
| 2022-12-31 | $1.62 Billion | -21.02% |
| 2021-12-31 | $2.05 Billion | +14.67% |
| 2020-12-31 | $1.78 Billion | +4.66% |
| 2019-12-31 | $1.71 Billion | +15.69% |
| 2018-12-31 | $1.47 Billion | -12.12% |
| 2017-12-31 | $1.68 Billion | +10.14% |
| 2016-12-31 | $1.52 Billion | +6.79% |
| 2015-12-31 | $1.43 Billion | -8.47% |
| 2014-12-31 | $1.56 Billion | +5.27% |
| 2013-12-31 | $1.48 Billion | +20.74% |
| 2012-12-31 | $1.23 Billion | +0.87% |
| 2011-12-31 | $1.22 Billion | +2.83% |
| 2010-12-31 | $1.18 Billion | +0.18% |
| 2009-12-31 | $1.18 Billion | +17.68% |
| 2008-12-31 | $1.00 Billion | -59.45% |
| 2007-12-31 | $2.47 Billion | -8.41% |
| 2006-12-31 | $2.70 Billion | +10.45% |
| 2005-12-31 | $2.44 Billion | -3.43% |
| 2004-12-31 | $2.53 Billion | +7.58% |
| 2003-12-31 | $2.35 Billion | +17.62% |
| 2002-12-31 | $2.00 Billion | -31.42% |
| 2001-12-31 | $2.92 Billion | -17.57% |
| 2000-12-31 | $3.54 Billion | -14.81% |
| 1999-12-31 | $4.15 Billion | +2.69% |
| 1998-12-31 | $4.04 Billion | +16.71% |
| 1997-12-31 | $3.46 Billion | +20.49% |
| 1996-12-31 | $2.88 Billion | -- |