Canoe EIT Income Fund
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of m… Read more
Canoe EIT Income Fund (ENDTF) - Total Assets
Latest total assets as of June 2025: $3.23 Billion USD
Based on the latest financial reports, Canoe EIT Income Fund (ENDTF) holds total assets worth $3.23 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.
Canoe EIT Income Fund - Total Assets Trend (2005–2024)
This chart illustrates how Canoe EIT Income Fund’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Canoe EIT Income Fund - Asset Composition Analysis
Current Asset Composition (December 2024)
Canoe EIT Income Fund's total assets of $3.23 Billion consist of 3.7% current assets and 96.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.6% |
| Accounts Receivable | $5.69 Million | 0.2% |
| 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 (2005–2024)
This chart illustrates how Canoe EIT Income 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: Canoe EIT Income Fund's current assets represent 3.7% of total assets in 2024, a decrease from 100.0% in 2005.
- Cash Position: Cash and equivalents constituted 3.6% of total assets in 2024, up from 1.2% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Canoe EIT Income Fund Competitors by Total Assets
Key competitors of Canoe EIT Income 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 |
Canoe EIT Income 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 - Canoe EIT Income Fund generates 0.22x 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, Canoe EIT Income Fund generates $ 20.61 in net profit.
Canoe EIT Income 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 | 0.97 | 0.18 | 4.01 |
| Quick Ratio | 0.97 | 0.18 | 4.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.04 Million | $ -99.03 Million | $ 93.12 Million |
Canoe EIT Income Fund - Advanced Valuation Insights
This section examines the relationship between Canoe EIT Income 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 | 1.01 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 16.3% |
| Total Assets | $3.09 Billion |
| Market Capitalization | $99.18K USD |
Valuation Analysis
Below Book Valuation: The market values Canoe EIT Income Fund's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Canoe EIT Income Fund's assets grew by 16.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Canoe EIT Income Fund (2005–2024)
The table below shows the annual total assets of Canoe EIT Income Fund from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.09 Billion | +16.35% |
| 2023-12-31 | $2.66 Billion | +6.08% |
| 2022-12-31 | $2.51 Billion | +11.80% |
| 2021-12-31 | $2.24 Billion | +44.63% |
| 2020-12-31 | $1.55 Billion | -3.48% |
| 2019-12-31 | $1.61 Billion | +15.19% |
| 2018-12-31 | $1.39 Billion | +6.32% |
| 2017-12-31 | $1.31 Billion | +4.14% |
| 2016-12-31 | $1.26 Billion | +2.98% |
| 2015-12-31 | $1.22 Billion | -20.30% |
| 2014-12-31 | $1.53 Billion | +16.70% |
| 2013-12-31 | $1.31 Billion | -3.73% |
| 2012-12-31 | $1.37 Billion | -13.81% |
| 2011-12-31 | $1.58 Billion | -8.73% |
| 2010-12-31 | $1.74 Billion | +18.79% |
| 2009-12-31 | $1.46 Billion | +8.54% |
| 2008-12-31 | $1.35 Billion | -43.52% |
| 2007-12-31 | $2.38 Billion | +7.33% |
| 2006-12-31 | $2.22 Billion | +21.28% |
| 2005-12-31 | $1.83 Billion | -- |