Connecticut Water Service (Connecticut Water Service) Total Assets : $981.4 Mil (As of Jun. 2019)

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What is Connecticut Water Service Total Assets?

Connecticut Water Service's Total Assets for the quarter that ended in Jun. 2019 was $981.4 Mil.

Total Assets is connected with ROA %. Connecticut Water Service's annualized ROA % for the quarter that ended in Jun. 2019 was 2.38%. Total Assets is also linked to Revenue through Asset Turnover. Connecticut Water Service's Asset Turnover for the quarter that ended in Jun. 2019 was 0.03.

Connecticut Water Service Total Assets Historical Data

The historical data trend for Connecticut Water Service'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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Connecticut Water Service Total Assets Chart

Connecticut Water Service Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Assets

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671.19

710.72

784.50

898.78

951.87

Connecticut Water Service Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Total Assets	Get a 7-Day Free Trial															918.37	944.04	951.87	963.64	981.43

Connecticut Water Service 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.

Connecticut Water Service's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets	=	Total Equity (A: Dec. 2018 )	+	Total Liabilities (A: Dec. 2018 )
	=	294.136	+	657.733
	=	951.9

Connecticut Water Service's Total Assets for the quarter that ended in Jun. 2019 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2019 )	+	Total Liabilities (Q: Jun. 2019 )
	=	295.575	+	685.852
	=	981.4

Connecticut Water Service (NAS:CTWS) Total Assets Explanation

Total Assets is connected with ROA %.

Connecticut Water Service's annualized ROA % for the quarter that ended in Jun. 2019 is

ROA %	=	Net Income (Q: Jun. 2019 )	/	( (Total Assets (Q: Mar. 2019 )	+	Total Assets (Q: Jun. 2019 ))	/ count )
	=	23.144	/	( (963.636	+	981.427)	/ 2 )
	=	23.144	/	972.5315
	=	2.38 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) 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.

Connecticut Water Service's Asset Turnover for the quarter that ended in Jun. 2019 is

	Asset Turnover
=	Revenue (Q: Jun. 2019 )	/	( (Total Assets (Q: Mar. 2019 )	+	Total Assets (Q: Jun. 2019 ))	/ count )
=	30.664	/	( (963.636	+	981.427)	/ 2 )
=	30.664	/	972.5315
=	0.03

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.

Connecticut Water Service Total Assets Related Terms

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Connecticut Water Service (Connecticut Water Service) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Connecticut Water Service Inc (NAS:CTWS) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

93 West Main Street, Clinton, CT, USA, 06413

Website

http://www.ctwater.com

Connecticut Water Service Inc is a water utility that operates in the northeastern region of the United States, specifically Connecticut and Maine. The company has various subsidiaries and divisions, including water operations, which supplies public drinking water; real estate transactions, which sells real estate holdings; and service rentals, which sells contracted water and wastewater services. The major customers of the firm are residential, commercial, fire protection, public authority, and industrial entities. The majority of the company's revenue is derived from its water operations segment and residential customers.

Executives

Ellen C Wolf	director	C/O AMERICAN WATER WORKS CO INC, 1025 LAUREL OAK RD P O BOX 1770, VOORHEES NJ 08043
Maureen P Westbrook	officer: VP, Customer & Reg Affairs	93 WEST MAIN ST, CLINTON CT 06413
A Kristen Johnson	officer: V.P. Human Resources	C/O CONNECTICUT WATER SERVICE, INC., 93 WEST MAIN STREET, CLINTON CT 06413
Mary Ann Hanley	director	93 WEST MAIN STREET, CLINTON CT 06413
Carol P Wallace	director	93 WEST MAIN STREET, CLINTON CT 06413
Hunt Heather	director	93 WEST MAIN STREET, CLINTON CT 06413
David C Benoit	officer: President & CEO	93 WEST MAIN ST, CLINTON CT 06413
Eric W Thornburg	director, officer: President/CEO/Chairman	13165 TEN OAK COURT, SARATOGA CA 95070
Judith Kelly	officer: Div. Pres. Maine Water	C/O NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240