Smart Employee Benefits (TSXV:SEB) Total Assets : C$38.33 Mil (As of Aug. 2022)

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What is Smart Employee Benefits Total Assets?

Smart Employee Benefits's Total Assets for the quarter that ended in Aug. 2022 was C$38.33 Mil.

Total Assets is connected with ROA %. Smart Employee Benefits's annualized ROA % for the quarter that ended in Aug. 2022 was -24.02%. Total Assets is also linked to Revenue through Asset Turnover. Smart Employee Benefits's Asset Turnover for the quarter that ended in Aug. 2022 was 0.42.

Smart Employee Benefits Total Assets Historical Data

The historical data trend for Smart Employee Benefits'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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Smart Employee Benefits Total Assets Chart

Smart Employee Benefits Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Total Assets

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59.13

46.11

35.33

37.41

38.53

Smart Employee Benefits Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Total Assets	Get a 7-Day Free Trial															38.08	38.53	39.38	37.14	38.33

Smart Employee Benefits 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.

Smart Employee Benefits's Total Assets for the fiscal year that ended in Nov. 2021 is calculated as

Total Assets	=	Total Equity (A: Nov. 2021 )	+	Total Liabilities (A: Nov. 2021 )
	=	-18.001	+	56.532
	=	38.53

Smart Employee Benefits's Total Assets for the quarter that ended in Aug. 2022 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2022 )	+	Total Liabilities (Q: Aug. 2022 )
	=	-23.353	+	61.683
	=	38.33

Smart Employee Benefits (TSXV:SEB) Total Assets Explanation

Total Assets is connected with ROA %.

Smart Employee Benefits's annualized ROA % for the quarter that ended in Aug. 2022 is

ROA %	=	Net Income (Q: Aug. 2022 )	/	( (Total Assets (Q: May. 2022 )	+	Total Assets (Q: Aug. 2022 ))	/ count )
	=	-9.064	/	( (37.138	+	38.33)	/ 2 )
	=	-9.064	/	37.734
	=	-24.02 %

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

Smart Employee Benefits's Asset Turnover for the quarter that ended in Aug. 2022 is

	Asset Turnover
=	Revenue (Q: Aug. 2022 )	/	( (Total Assets (Q: May. 2022 )	+	Total Assets (Q: Aug. 2022 ))	/ count )
=	15.99	/	( (37.138	+	38.33)	/ 2 )
=	15.99	/	37.734
=	0.42

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.

Smart Employee Benefits Total Assets Related Terms

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Smart Employee Benefits (TSXV:SEB) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Employee Benefits Inc (TSXV:SEB) » Definitions » Total Assets

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Address

5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7

Website

https://www.seb-inc.com

Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.