Urbana (TSX:URB.A) Total Assets : C$450.65 Mil (As of Dec. 2023)

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What is Urbana Total Assets?

Urbana's Total Assets for the quarter that ended in Dec. 2023 was C$450.65 Mil.

During the past 12 months, Urbana's average Total Assets Growth Rate was 22.70% per year. During the past 3 years, the average Total Assets Growth Rate was 16.10% per year. During the past 5 years, the average Total Assets Growth Rate was 15.30% per year. During the past 10 years, the average Total Assets Growth Rate was 8.60% per year.

During the past 13 years, Urbana's highest 3-Year average Total Assets Growth Rate was 187.60%. The lowest was -54.40%. And the median was 13.10%.

Total Assets is connected with ROA %. Urbana's annualized ROA % for the quarter that ended in Dec. 2023 was 9.45%. Total Assets is also linked to Revenue through Asset Turnover. Urbana's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Urbana Total Assets Historical Data

The historical data trend for Urbana'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.

Urbana Total Assets Chart

Urbana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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290.71

288.34

348.10

367.13

450.65

Urbana 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															367.13	372.10	372.34	433.73	450.65

Urbana 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.

Urbana'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 )
	=	374.571	+	76.074
	=	450.65

Urbana'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 )
	=	374.571	+	76.074
	=	450.65

Urbana (TSX:URB.A) Total Assets Explanation

Total Assets is connected with ROA %.

Urbana'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 )
	=	41.768	/	( (433.726	+	450.645)	/ 2 )
	=	41.768	/	442.1855
	=	9.45 %

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.

Urbana'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 )
=	11.259	/	( (433.726	+	450.645)	/ 2 )
=	11.259	/	442.1855
=	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.

Urbana Total Assets Related Terms

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Urbana (TSX:URB.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Urbana Corp (TSX:URB.A) » Definitions » Total Assets

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URNAF:USA UBAAF:USA URB:Canada URB.A:Canada URB:Canada

Address

150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9

Website

https://www.urbanacorp.com

Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. The Company has a single operating segment which is managing company investments.

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