Canadian Life Companies Split Corp
Canadian Life Companies Split Corp. is a closed-ended equity mutual fund launched and managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund seeks to invest in stocks of companies operating in the life insurance sector. It primarily invests in stocks of four publicly traded life insurance companies namely Great-West Lifeco Inc., Industrial Allian… Read more
Canadian Life Companies Split Corp (CLSPF) - Total Assets
Latest total assets as of May 2025: $180.13 Million USD
Based on the latest financial reports, Canadian Life Companies Split Corp (CLSPF) holds total assets worth $180.13 Million USD as of May 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.
Canadian Life Companies Split Corp - Total Assets Trend (2015–2024)
This chart illustrates how Canadian Life Companies Split Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Canadian Life Companies Split Corp - Asset Composition Analysis
Current Asset Composition (November 2024)
Canadian Life Companies Split Corp's total assets of $180.13 Million consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.5% |
| Accounts Receivable | $1.24 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 (2015–2024)
This chart illustrates how Canadian Life Companies Split Corp'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: Canadian Life Companies Split Corp's current assets represent 100.0% of total assets in 2024, unchanged from 100.0% in 2015.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2024, up from 5.1% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 0.6% of total assets.
Canadian Life Companies Split Corp Competitors by Total Assets
Key competitors of Canadian Life Companies Split Corp 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 |
Canadian Life Companies Split Corp - 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 - Canadian Life Companies Split Corp generates 0.28x 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, Canadian Life Companies Split Corp generates $ 27.94 in net profit.
Canadian Life Companies Split Corp - 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 | 6.97 | 90.26 | 1.53 |
| Quick Ratio | 6.97 | 90.26 | 1.53 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $10.26 Million | $ 152.96 Million | $ 38.13 Million |
Canadian Life Companies Split Corp - Advanced Valuation Insights
This section examines the relationship between Canadian Life Companies Split Corp'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 | 1.17 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 15.5% |
| Total Assets | $193.96 Million |
| Market Capitalization | $36.56K USD |
Valuation Analysis
Below Book Valuation: The market values Canadian Life Companies Split Corp's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Canadian Life Companies Split Corp's assets grew by 15.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Canadian Life Companies Split Corp (2015–2024)
The table below shows the annual total assets of Canadian Life Companies Split Corp from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-11-30 | $193.96 Million | +15.54% |
| 2023-11-30 | $167.87 Million | -1.73% |
| 2022-11-30 | $170.81 Million | -2.31% |
| 2021-11-30 | $174.85 Million | +2.43% |
| 2020-11-30 | $170.71 Million | -19.19% |
| 2019-11-30 | $211.23 Million | +4.10% |
| 2018-11-30 | $202.92 Million | -15.06% |
| 2017-11-30 | $238.90 Million | -4.59% |
| 2016-11-30 | $250.38 Million | +3.48% |
| 2015-11-30 | $241.96 Million | -- |