Jowell Global (Jowell Global) Total Assets : $35.3 Mil (As of Dec. 2023)

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What is Jowell Global Total Assets?

Jowell Global's Total Assets for the quarter that ended in Dec. 2023 was $35.3 Mil.

During the past 12 months, Jowell Global's average Total Assets Growth Rate was -40.80% per year. During the past 3 years, the average Total Assets Growth Rate was 29.70% per year. During the past 5 years, the average Total Assets Growth Rate was 47.80% per year.

During the past 6 years, Jowell Global's highest 3-Year average Total Assets Growth Rate was 78.40%. The lowest was 29.70%. And the median was 72.30%.

Total Assets is connected with ROA %. Jowell Global's annualized ROA % for the quarter that ended in Dec. 2023 was -22.72%. Total Assets is also linked to Revenue through Asset Turnover. Jowell Global's Asset Turnover for the quarter that ended in Dec. 2023 was 1.96.

Jowell Global Total Assets Historical Data

The historical data trend for Jowell Global'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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Jowell Global Total Assets Chart

Jowell Global Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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11.26

33.87

58.73

71.20

35.30

Jowell Global Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial						58.73	57.92	71.20	41.75	35.30

Jowell Global 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.

Jowell Global'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 )
	=	25.213	+	10.085
	=	35.3

Jowell Global'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 )
	=	25.213	+	10.085
	=	35.3

Jowell Global (NAS:JWEL) Total Assets Explanation

Total Assets is connected with ROA %.

Jowell Global's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-8.754	/	( (41.752	+	35.298)	/ 2 )
	=	-8.754	/	38.525
	=	-22.72 %

Note: The Net Income data used here is two times the semi-annual (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.

Jowell Global's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	75.603	/	( (41.752	+	35.298)	/ 2 )
=	75.603	/	38.525
=	1.96

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.

Jowell Global Total Assets Related Terms

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Jowell Global (Jowell Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jowell Global Ltd (NAS:JWEL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 285 Jiangpu Road, 2nd Floor, Yangpu District, Shanghai, CHN, 200082

Website

https://www.1juhao.com

Jowell Global Ltd is a cosmetics, health and nutritional supplements, and household products e-commerce platform. It operates under Online Direct Sales, Authorized Retail Store Distribution, Third-party Merchants, and Live streaming marketing sales channels. The company's major merchandise categories are Cosmetic products, Health and nutritional supplements, and Household Products.