Jamieson Wellness (TSX:JWEL) Total Assets : C$1,143.6 Mil (As of Dec. 2023)

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What is Jamieson Wellness Total Assets?

Jamieson Wellness's Total Assets for the quarter that ended in Dec. 2023 was C$1,143.6 Mil.

Warning Sign:

If a company builds assets at 17.5% a year, faster than its revenue growth rate of 14.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Jamieson Wellness's average Total Assets Growth Rate was 2.40% per year. During the past 3 years, the average Total Assets Growth Rate was 22.10% per year. During the past 5 years, the average Total Assets Growth Rate was 17.50% per year.

During the past 10 years, Jamieson Wellness's highest 3-Year average Total Assets Growth Rate was 24.40%. The lowest was 6.20%. And the median was 10.10%.

Total Assets is connected with ROA %. Jamieson Wellness's annualized ROA % for the quarter that ended in Dec. 2023 was 8.56%. Total Assets is also linked to Revenue through Asset Turnover. Jamieson Wellness's Asset Turnover for the quarter that ended in Dec. 2023 was 0.19.

Jamieson Wellness Total Assets Historical Data

The historical data trend for Jamieson Wellness'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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Jamieson Wellness Total Assets Chart

Jamieson Wellness Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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561.78

609.34

652.48

1,107.26

1,143.57

Jamieson Wellness Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															1,107.26	1,078.53	1,177.47	1,138.14	1,143.57

Jamieson Wellness 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.

Jamieson Wellness'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 )
	=	481.195	+	662.379
	=	1,143.6

Jamieson Wellness's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	481.195	+	662.379
	=	1,143.6

Jamieson Wellness (TSX:JWEL) Total Assets Explanation

Total Assets is connected with ROA %.

Jamieson Wellness's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	97.628	/	( (1138.141	+	1143.574)	/ 2 )
	=	97.628	/	1140.8575
	=	8.56 %

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

Jamieson Wellness's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	220.365	/	( (1138.141	+	1143.574)	/ 2 )
=	220.365	/	1140.8575
=	0.19

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.

Jamieson Wellness Total Assets Related Terms

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Jamieson Wellness (TSX:JWEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jamieson Wellness Inc (TSX:JWEL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

JWLLF:USA 2JW:Germany

Address

1 Adelaide Street East, Suite 2200, Toronto, ON, CAN, M5C 2V9

Website

http://www.jamiesonwellness.com

Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.