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PIII (P3 Health Partners) Total Assets : $833 Mil (As of Sep. 2024)


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What is P3 Health Partners Total Assets?

P3 Health Partners's Total Assets for the quarter that ended in Sep. 2024 was $833 Mil.

During the past 12 months, P3 Health Partners's average Total Assets Growth Rate was -8.80% per year. During the past 3 years, the average Total Assets Growth Rate was 127.40% per year.

During the past 6 years, P3 Health Partners's highest 3-Year average Total Assets Growth Rate was 196.30%. The lowest was 127.40%. And the median was 161.85%.

Total Assets is connected with ROA %. P3 Health Partners's annualized ROA % for the quarter that ended in Sep. 2024 was -21.56%. Total Assets is also linked to Revenue through Asset Turnover. P3 Health Partners's Asset Turnover for the quarter that ended in Sep. 2024 was 0.42.


P3 Health Partners Total Assets Historical Data

The historical data trend for P3 Health Partners'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.

* Premium members only.

P3 Health Partners Total Assets Chart

P3 Health Partners Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 65.61 106.44 2,364.11 876.57 860.97

P3 Health Partners Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 896.89 860.97 855.93 892.76 833.33

P3 Health Partners 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.

P3 Health Partners'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 )
=433.662+427.305
=861

P3 Health Partners's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=263.911+569.422
=833

* 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.


P3 Health Partners  (NAS:PIII) Total Assets Explanation

Total Assets is connected with ROA %.

P3 Health Partners's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-186.048/( (892.759+833.333)/ 2 )
=-186.048/863.046
=-21.56 %

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

P3 Health Partners's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=362.124/( (892.759+833.333)/ 2 )
=362.124/863.046
=0.42

* 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.

P3 Health Partners Total Assets Related Terms

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P3 Health Partners Business Description

Traded in Other Exchanges
N/A
Address
2370 Corporate Circle, Suite 300, Henderson, NV, USA, 89074
P3 Health Partners Inc is a patient-centered and physician-led population health management company. P3's model aggregates and supports the community's existing healthcare resources to build a network of community providers working together to deliver coordinated and integrated care to patients with a shared commitment to improving patient outcomes, lowering cost, and delivering experience for all.
Executives
Chicago Pacific Founders Ugp Iii, Llc 10 percent owner 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Atul Kavthekar officer: Chief Financial Officer 4100 S. SAGINAW STREET, FLINT MI 48507
Sherif Abdou director, officer: Chief Executive Officer C/O P3 HEALTH GROUP HOLDINGS, LLC, 2370 CORPORATE CIRCLE, SUITE 300, HENDERSON NV 89074
Chicago Pacific Founders Gp Iii, L.p. 10 percent owner 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Chicago Pacific Founders Ugp, Llc 10 percent owner 980 N. MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Leavitt Equity Partners Ii, L.p. 10 percent owner 299 SOUTH MAIN STREET SUITE 2300, SALT LAKE CITY UT 84111
Leavitt Legacy, Llc 10 percent owner 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Leavitt Equity Partners Ii, Llc 10 percent owner 299 SOUTH MAIN STREET SUITE 2300, SALT LAKE CITY UT 84111
Lep Management Llc 10 percent owner 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Taylor S. Leavitt 10 percent owner 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Leavitt Equity Partners Iii, L.p. 10 percent owner, other: See Remarks 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Leavitt Equity Partners Iii, Llc 10 percent owner, other: See Remarks 299 SOUTH MAIN STREET, SUITE 2300, SALT LAKE CITY UT 84111
Cpf Iii-a Pt Spv, Llc 10 percent owner 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Cpf Iii Pt Spv, Llc 10 percent owner 980 NORTH MICHIGAN AVENUE, SUITE 1998, CHICAGO IL 60611
Erin Darakjian officer: Interim CFO, Senior VP & CAO C/O P3 HEALTH PARTNERS INC., 2370 CORPORATE CIRCLE, SUITE 300, HENDERSON NV 89074