JPMorgan Asia Growth &ome (LSE:JAGI) Total Assets : £333.02 Mil (As of Mar. 2024)

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What is JPMorgan Asia Growth &ome Total Assets?

JPMorgan Asia Growth &ome's Total Assets for the quarter that ended in Mar. 2024 was £333.02 Mil.

During the past 12 months, JPMorgan Asia Growth &ome's average Total Assets Growth Rate was -14.10% per year. During the past 3 years, the average Total Assets Growth Rate was -4.30% per year. During the past 5 years, the average Total Assets Growth Rate was -0.70% per year. During the past 10 years, the average Total Assets Growth Rate was 5.90% per year.

During the past 13 years, JPMorgan Asia Growth &ome's highest 3-Year average Total Assets Growth Rate was 35.30%. The lowest was -21.00%. And the median was 4.80%.

Total Assets is connected with ROA %. JPMorgan Asia Growth &ome's annualized ROA % for the quarter that ended in Mar. 2024 was 7.02%. Total Assets is also linked to Revenue through Asset Turnover. JPMorgan Asia Growth &ome's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

JPMorgan Asia Growth &ome Total Assets Historical Data

The historical data trend for JPMorgan Asia Growth &ome'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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JPMorgan Asia Growth &ome Total Assets Chart

JPMorgan Asia Growth &ome Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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379.30

399.14

450.72

359.35

346.72

JPMorgan Asia Growth &ome Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															414.81	359.35	385.40	346.72	333.02

JPMorgan Asia Growth &ome 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.

JPMorgan Asia Growth &ome's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	344.829	+	1.887
	=	346.72

JPMorgan Asia Growth &ome's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	331.727	+	1.289
	=	333.02

JPMorgan Asia Growth &ome (LSE:JAGI) Total Assets Explanation

Total Assets is connected with ROA %.

JPMorgan Asia Growth &ome's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	23.844	/	( (346.716	+	333.016)	/ 2 )
	=	23.844	/	339.866
	=	7.02 %

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

JPMorgan Asia Growth &ome's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	13.197	/	( (346.716	+	333.016)	/ 2 )
=	13.197	/	339.866
=	0.04

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.

JPMorgan Asia Growth &ome Total Assets Related Terms

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JPMorgan Asia Growth &ome Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Asia Growth & Income PLC (LSE:JAGI) » Definitions » Total Assets

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JAGIl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

http://jpmasiagrowthandincome.co.uk

JPMorgan Asia Growth & Income PLC is a United Kingdom-based investment trust company. Its objective is to provide shareholders with a total return from investing in equities quoted on the stock markets of Asia, excluding Japan. The company invests in a portfolio of Asian stocks with an emphasis on capital growth rather than income. Investment risks are managed by diversifying investment.

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