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MJC Investments (PHS:MJIC) Total Assets : ₱8,498.0 Mil (As of Sep. 2022)


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What is MJC Investments Total Assets?

MJC Investments's Total Assets for the quarter that ended in Sep. 2022 was ₱8,498.0 Mil.

Total Assets is connected with ROA %. MJC Investments's annualized ROA % for the quarter that ended in Sep. 2022 was -10.75%. Total Assets is also linked to Revenue through Asset Turnover. MJC Investments's Asset Turnover for the quarter that ended in Sep. 2022 was 0.02.


MJC Investments Total Assets Historical Data

The historical data trend for MJC Investments'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.

* Premium members only.

MJC Investments Total Assets Chart

MJC Investments Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,949.03 6,700.58 6,096.86 5,665.89 4,995.10

MJC Investments Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,420.44 4,995.10 4,956.50 4,919.81 8,498.01

MJC Investments 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.

MJC Investments's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=-1101.085+6096.181
=4,995.1

MJC Investments's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=-1530.001+10028.011
=8,498.0

* 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.


MJC Investments  (PHS:MJIC) Total Assets Explanation

Total Assets is connected with ROA %.

MJC Investments's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-721.08/( (4919.813+8498.01)/ 2 )
=-721.08/6708.9115
=-10.75 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

MJC Investments's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=111.778/( (4919.813+8498.01)/ 2 )
=111.778/6708.9115
=0.02

* 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.

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.

MJC Investments Total Assets Related Terms

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MJC Investments (PHS:MJIC) Business Description

Traded in Other Exchanges
N/A
Address
MJC Drive, Winford Hotel and Casino, Santa Cruz, Manila, LAG, PHL, 1014
MJC Investments Corp is an investment holding company focusing on the tourism and entertainment industry. The company develops, owns, and operates real estate for residential, commercial, leisure and gaming purposes.

MJC Investments (PHS:MJIC) Headlines

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