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Postmedia Network Canada (TSX:PNC.B) Total Assets : C$141.9 Mil (As of Feb. 2024)


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What is Postmedia Network Canada Total Assets?

Postmedia Network Canada's Total Assets for the quarter that ended in Feb. 2024 was C$141.9 Mil.

During the past 12 months, Postmedia Network Canada's average Total Assets Growth Rate was -22.10% per year. During the past 3 years, the average Total Assets Growth Rate was -17.20% per year. During the past 5 years, the average Total Assets Growth Rate was -12.90% per year. During the past 10 years, the average Total Assets Growth Rate was -15.70% per year.

During the past 13 years, Postmedia Network Canada's highest 3-Year average Total Assets Growth Rate was -6.70%. The lowest was -26.70%. And the median was -14.10%.

Total Assets is connected with ROA %. Postmedia Network Canada's annualized ROA % for the quarter that ended in Feb. 2024 was -52.63%. Total Assets is also linked to Revenue through Asset Turnover. Postmedia Network Canada's Asset Turnover for the quarter that ended in Feb. 2024 was 0.64.


Postmedia Network Canada Total Assets Historical Data

The historical data trend for Postmedia Network 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.

* Premium members only.

Postmedia Network Canada Total Assets Chart

Postmedia Network Canada Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 299.06 336.88 276.20 211.38 169.38

Postmedia Network Canada Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 188.12 179.28 169.38 163.60 141.91

Postmedia Network 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.

Postmedia Network Canada's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=-272.306+441.684
=169.4

Postmedia Network Canada's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=-303.374+445.281
=141.9

* 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.


Postmedia Network Canada  (TSX:PNC.B) Total Assets Explanation

Total Assets is connected with ROA %.

Postmedia Network Canada's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-80.388/( (163.599+141.907)/ 2 )
=-80.388/152.753
=-52.63 %

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

Postmedia Network Canada's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=97.338/( (163.599+141.907)/ 2 )
=97.338/152.753
=0.64

* 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.

Postmedia Network Canada Total Assets Related Terms

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Postmedia Network Canada (TSX:PNC.B) Business Description

Traded in Other Exchanges
Address
365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4
Postmedia Network Canada Corp is a holding company. It operates through the Newsmedia segment. The company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metropolitan markets in Canada through multiple print, online and mobile platforms. Postmedia's operations include an extensive distribution network, which also offers distribution services, for advertising flyers and parcels. The combination of these distribution platforms provides audiences with a variety of media through which to access and interact with Postmedia's content. The breadth of the company's reach and the diversity of its content enable advertisers to reach target audiences on a local, regional or national scale.

Postmedia Network Canada (TSX:PNC.B) Headlines

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