JPMorgan Mid Cap Investment Trust (LSE:JMF) Total Assets : £245.81 Mil (As of Jun. 2023)

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What is JPMorgan Mid Cap Investment Trust Total Assets?

JPMorgan Mid Cap Investment Trust's Total Assets for the quarter that ended in Jun. 2023 was £245.81 Mil.

During the past 12 months, JPMorgan Mid Cap Investment Trust's average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was -1.10% per year. During the past 5 years, the average Total Assets Growth Rate was -5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 2.40% per year.

During the past 13 years, JPMorgan Mid Cap Investment Trust's highest 3-Year average Total Assets Growth Rate was 27.80%. The lowest was -23.00%. And the median was 4.10%.

Total Assets is connected with ROA %. JPMorgan Mid Cap Investment Trust's annualized ROA % for the quarter that ended in Jun. 2023 was 7.44%. Total Assets is also linked to Revenue through Asset Turnover. JPMorgan Mid Cap Investment Trust's Asset Turnover for the quarter that ended in Jun. 2023 was 0.04.

JPMorgan Mid Cap Investment Trust Total Assets Historical Data

The historical data trend for JPMorgan Mid Cap Investment Trust'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 Mid Cap Investment Trust Total Assets Chart

JPMorgan Mid Cap Investment Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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304.96

257.65

385.53

258.07

245.81

JPMorgan Mid Cap Investment Trust Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															385.53	394.13	258.07	236.91	245.81

JPMorgan Mid Cap Investment Trust 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 Mid Cap Investment Trust's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	221.971	+	23.843
	=	245.81

JPMorgan Mid Cap Investment Trust's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	221.971	+	23.843
	=	245.81

JPMorgan Mid Cap Investment Trust (LSE:JMF) Total Assets Explanation

Total Assets is connected with ROA %.

JPMorgan Mid Cap Investment Trust's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	17.968	/	( (236.909	+	245.814)	/ 2 )
	=	17.968	/	241.3615
	=	7.44 %

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

JPMorgan Mid Cap Investment Trust's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	9.295	/	( (236.909	+	245.814)	/ 2 )
=	9.295	/	241.3615
=	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 Mid Cap Investment Trust Total Assets Related Terms

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JPMorgan Mid Cap Investment Trust (LSE:JMF) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Mid Cap Investment Trust PLC (LSE:JMF) » Definitions » Total Assets

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JMFl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

http://www.jpmmidcap.co.uk

JPMorgan Mid Cap Investment Trust PLC is an investment trust. It generates revenue from its business of long and short-term borrowings, to achieve capital growth. For this purpose, it invests in medium-sized companies that fall under the London Stock Exchange (FTSE) 250 companies. The trust's core objective is to provide its shareholders a steady pattern of dividend payments by generating returns from investment across varied sectors such as consumer services, financials, industrials, technology, consumer goods, basic materials, healthcare, oil and gas, telecommunications, and utilities.

JPMorgan Mid Cap Investment Trust (LSE:JMF) Headlines

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