Power of Canada (TSX:POW) Total Assets

: C$749,478 Mil (As of Dec. 2023)

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Power of Canada's Total Assets for the quarter that ended in Dec. 2023 was C$749,478 Mil.

During the past 12 months, Power of Canada's average Total Assets Growth Rate was 6.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.40% per year. During the past 5 years, the average Total Assets Growth Rate was 10.80% per year. During the past 10 years, the average Total Assets Growth Rate was 7.90% per year.

During the past 13 years, Power of Canada's highest 3-Year average Total Assets Growth Rate was 24.90%. The lowest was 2.20%. And the median was 12.50%.

Total Assets is connected with ROA %. Power of Canada's annualized ROA % for the quarter that ended in Dec. 2023 was 0.23%. Total Assets is also linked to Revenue through Asset Turnover. Power of Canada's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Power of Canada Total Assets Historical Data

The historical data trend for Power of Canada'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.

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Power of Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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477,250.00

629,104.00

647,999.00

704,401.00

749,478.00

Power of Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															704,401.00	724,836.00	723,953.00	715,214.00	749,478.00

Power of Canada 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.

Power of Canada'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 )
	=	41265	+	708213
	=	749,478

Power of Canada'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 )
	=	41265	+	708213
	=	749,478

Power of Canada (TSX:POW) Total Assets Explanation

Total Assets is connected with ROA %.

Power of Canada's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1676	/	( (715214	+	749478)	/ 2 )
	=	1676	/	732346
	=	0.23 %

Note: The Net Income data used here is four times the quarterly (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.

Power of Canada's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1861	/	( (715214	+	749478)	/ 2 )
=	1861	/	732346
=	0.00

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.

Power of Canada Total Assets Related Terms

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Power of Canada (TSX:POW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Power Corporation of Canada (TSX:POW) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PWCDF:USA PCR:Germany POW.PR.G.PFD:Canada POW.PR.E:Canada POW.PR.D.PFD:Canada POW.PR.C.PFD:Canada POW.PR.B.PFD:Canada POW.PR.A.PFD:Canada

Address

751 Victoria Square, Montreal, QC, CAN, H2Y 2J3

Website

https://www.powercorporation.com

Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).

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