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Everyday People Financial (TSXV:EPF) Total Assets : C$64.75 Mil (As of Mar. 2024)


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What is Everyday People Financial Total Assets?

Everyday People Financial's Total Assets for the quarter that ended in Mar. 2024 was C$64.75 Mil.

During the past 12 months, Everyday People Financial's average Total Assets Growth Rate was 15.30% per year.

Total Assets is connected with ROA %. Everyday People Financial's annualized ROA % for the quarter that ended in Mar. 2024 was 5.40%. Total Assets is also linked to Revenue through Asset Turnover. Everyday People Financial's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.

Everyday People Financial Total Assets Historical Data

The historical data trend for Everyday People Financial'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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Everyday People Financial Total Assets Chart

Everyday People Financial Annual Data
Trend Jul20 Jul21 Jul22 Dec23
Total Assets
0.15 0.22 0.18 64.08

Everyday People Financial Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.88 56.78 58.55 64.08 64.75

Everyday People Financial 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.

Everyday People Financial'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 )
=10.438+53.641
=64.08

Everyday People Financial's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=11.669+53.082
=64.75

* 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.

Everyday People Financial  (TSXV:EPF) Total Assets Explanation

Total Assets is connected with ROA %.

Everyday People Financial's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3.48/( (64.08+64.751)/ 2 )
=3.48/64.4155
=5.40 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Everyday People Financial's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=14.805/( (64.08+64.751)/ 2 )
=14.805/64.4155
=0.23

* 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.

Everyday People Financial Total Assets Related Terms

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Everyday People Financial (TSXV:EPF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Everyday People Financial Corp (TSXV:EPF) » Definitions » Total Assets
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Traded in Other Exchanges
EPFCF:USA
Address
11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7
Website
https://www.everydaypeoplefinancial.com
Everyday People Financial Corp is a financial technology and consumer financing company. Through its technology-driven ecosystem, the group's alternative and specialty credit financing programs offer credit and payment cards, homeownership facilitation, consumer lending, and payment management services. The company's mission is to assist its clients in becoming their financial selves and to offer credit products and services that help ordinary people achieve extraordinary results.
Executives
Amy Marie Ter Haar Director

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