JPMorgan Global Emerging Markets IT (LSE:JEMI) Total Assets : £448.36 Mil (As of Jan. 2024)

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What is JPMorgan Global Emerging Markets IT Total Assets?

JPMorgan Global Emerging Markets IT's Total Assets for the quarter that ended in Jan. 2024 was £448.36 Mil.

During the past 12 months, JPMorgan Global Emerging Markets IT's average Total Assets Growth Rate was -6.00% per year. During the past 3 years, the average Total Assets Growth Rate was 4.90% per year. During the past 5 years, the average Total Assets Growth Rate was 1.60% per year. During the past 10 years, the average Total Assets Growth Rate was 4.10% per year.

During the past 13 years, JPMorgan Global Emerging Markets IT's highest 3-Year average Total Assets Growth Rate was 27.10%. The lowest was -0.80%. And the median was 5.50%.

Total Assets is connected with ROA %. JPMorgan Global Emerging Markets IT's annualized ROA % for the quarter that ended in Jan. 2024 was -4.65%. Total Assets is also linked to Revenue through Asset Turnover. JPMorgan Global Emerging Markets IT's Asset Turnover for the quarter that ended in Jan. 2024 was -0.02.

JPMorgan Global Emerging Markets IT Total Assets Historical Data

The historical data trend for JPMorgan Global Emerging Markets IT'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 Global Emerging Markets IT Total Assets Chart

JPMorgan Global Emerging Markets IT Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Total Assets

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463.88

410.59

481.71

453.26

469.53

JPMorgan Global Emerging Markets IT Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Total Assets	Get a 7-Day Free Trial															503.23	453.26	479.54	469.53	448.36

JPMorgan Global Emerging Markets IT 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 Global Emerging Markets IT's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as

Total Assets	=	Total Equity (A: Jul. 2023 )	+	Total Liabilities (A: Jul. 2023 )
	=	437.846	+	31.683
	=	469.53

JPMorgan Global Emerging Markets IT's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	416.043	+	32.312
	=	448.36

JPMorgan Global Emerging Markets IT (LSE:JEMI) Total Assets Explanation

Total Assets is connected with ROA %.

JPMorgan Global Emerging Markets IT's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-21.322	/	( (469.529	+	448.355)	/ 2 )
	=	-21.322	/	458.942
	=	-4.65 %

Note: The Net Income data used here is two times the semi-annual (Jan. 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 Global Emerging Markets IT's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Jul. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	-9.523	/	( (469.529	+	448.355)	/ 2 )
=	-9.523	/	458.942
=	-0.02

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 Global Emerging Markets IT Total Assets Related Terms

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JPMorgan Global Emerging Markets IT (LSE:JEMI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Global Emerging Markets IT PLC (LSE:JEMI) » Definitions » Total Assets

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JEMIl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmglobalemergingmarketsincome.co.uk

JPMorgan Global Emerging Markets IT PLC is an investment trust based in the United Kingdom. It delegates the management of the Trust's portfolio to JPMorgan Asset Management (UK) Limited. Its investment objective is to provide investors with a dividend income combined with the potential for long term capital growth from a diversified portfolio of emerging markets investments. The company invests in listed and unlisted equities, preference shares, debt securities, cash and cash equivalents. Its portfolio comprises companies within various sectors such as financials, information technology, telecommunication services, consumer staples, consumer discretionary, industrials, materials, energy, utilities, and healthcare.

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