Amica Mature Lifestyles (TSX:ACC) Total Assets : C$636.0 Mil (As of Aug. 2015)

View and export this data going back to . Start your Free Trial

What is Amica Mature Lifestyles Total Assets?

Amica Mature Lifestyles's Total Assets for the quarter that ended in Aug. 2015 was C$636.0 Mil.

Total Assets is connected with ROA %. Amica Mature Lifestyles's annualized ROA % for the quarter that ended in Aug. 2015 was -1.14%. Total Assets is also linked to Revenue through Asset Turnover. Amica Mature Lifestyles's Asset Turnover for the quarter that ended in Aug. 2015 was 0.06.

Amica Mature Lifestyles Total Assets Historical Data

The historical data trend for Amica Mature Lifestyles'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.

Amica Mature Lifestyles Total Assets Chart

Amica Mature Lifestyles Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Total Assets

Get a 7-Day Free Trial

375.32

468.61

667.99

663.04

639.27

Amica Mature Lifestyles Quarterly Data
	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15
Total Assets	Get a 7-Day Free Trial															655.42	649.08	643.75	639.27	636.03

Amica Mature Lifestyles 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.

Amica Mature Lifestyles's Total Assets for the fiscal year that ended in May. 2015 is calculated as

Total Assets	=	Total Equity (A: May. 2015 )	+	Total Liabilities (A: May. 2015 )
	=	113.948	+	525.321
	=	639.3

Amica Mature Lifestyles's Total Assets for the quarter that ended in Aug. 2015 is calculated as

Total Assets	=	Total Equity (Q: Aug. 2015 )	+	Total Liabilities (Q: Aug. 2015 )
	=	104.391	+	531.636
	=	636.0

Amica Mature Lifestyles (TSX:ACC) Total Assets Explanation

Total Assets is connected with ROA %.

Amica Mature Lifestyles's annualized ROA % for the quarter that ended in Aug. 2015 is

ROA %	=	Net Income (Q: Aug. 2015 )	/	( (Total Assets (Q: May. 2015 )	+	Total Assets (Q: Aug. 2015 ))	/ count )
	=	-7.256	/	( (639.269	+	636.027)	/ 2 )
	=	-7.256	/	637.648
	=	-1.14 %

Note: The Net Income data used here is four times the quarterly (Aug. 2015) 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.

Amica Mature Lifestyles's Asset Turnover for the quarter that ended in Aug. 2015 is

	Asset Turnover
=	Revenue (Q: Aug. 2015 )	/	( (Total Assets (Q: May. 2015 )	+	Total Assets (Q: Aug. 2015 ))	/ count )
=	37.219	/	( (639.269	+	636.027)	/ 2 )
=	37.219	/	637.648
=	0.06

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.

Amica Mature Lifestyles Total Assets Related Terms

Thank you for viewing the detailed overview of Amica Mature Lifestyles's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Amica Mature Lifestyles (TSX:ACC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Amica Mature Lifestyles Inc (TSX:ACC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.amica.ca

Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.