JAG (Job Aire Group) Total Assets: $6.69 Mil (As of Jun. 2024)


What is Job Aire Group Total Assets?

Job Aire Group JAG Total Assets is $6.69 Mil as of Jun. 2024.

Job Aire Group's Total Assets for the quarter that ended in Jun. 2024 was $6.69 Mil.

Total Assets is connected with ROA %. Job Aire Group's annualized ROA % for the quarter that ended in Jun. 2024 was 4.69%. Total Assets is also linked to Revenue through Asset Turnover. Job Aire Group's Asset Turnover for the quarter that ended in Jun. 2024 was 1.08.

Job Aire Group  (AMEX:JAG) Total Assets Explanation

Total Assets is connected with ROA %.

Job Aire Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.32/( (6.945+6.691)/ 2 )
=0.32/6.818
=4.69 %

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

Job Aire Group's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=7.395/( (6.945+6.691)/ 2 )
=7.395/6.818
=1.08

* 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.

Job Aire Group Total Assets Related Terms

Job Aire Group Total Assets Historical Data

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The historical data trend for Job Aire Group'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.

Job Aire Group Total Assets Chart

Job Aire Group Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
1.40 3.15 5.91

Job Aire Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only 0.00 6.27 5.91 6.95 6.69

Job Aire Group 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.

Job Aire Group'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 )
=4.62+1.29
=5.91

Job Aire Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=4.887+1.804
=6.69

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $6.69 Mil mean?
Job Aire Group (JAG) has a Total Assets of $6.69 Mil as of Jun. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Job Aire Group and its competitors.
Is Job Aire Group's Total Assets too high?
Job Aire Group's current Total Assets is $6.69 Mil.
How does Job Aire Group's Total Assets compare to ?
Job Aire Group's Total Assets of $6.69 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Transportation company?
A good Total Assets depends on the Transportation industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Job Aire Group and its competitors. Job Aire Group's current Total Assets is $6.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Job Aire Group stock overvalued right now?
Job Aire Group (JAG) has a current Total Assets of $6.69 Mil. The current Total Assets is $6.69 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Job Aire Group (JAG), the current Total Assets is $6.69 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Job Aire Group Business Description

Comparable Companies
Address 7493 N Oracle Road, Suite 221, Tucson, AZ, USA, 85704
Job Aire Group Inc operates as an aviation company by providing pilot services. The company provides staff, and technicians for aircraft, engine inspection, audit, hard-core aeronautical engineering, and aircraft maintenance marketing.