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Change Healthcare's Total Assets for the quarter that ended in Jun. 2022 was $9,637 Mil.
During the past 12 months, Change Healthcare's average Total Assets Growth Rate was -3.80% per year. During the past 3 years, the average Total Assets Growth Rate was 95.50% per year. During the past 5 years, the average Total Assets Growth Rate was 65.70% per year.
During the past 6 years, Change Healthcare's highest 3-Year average Total Assets Growth Rate was 95.50%. The lowest was 91.10%. And the median was 93.80%.
Total Assets is connected with ROA %. Change Healthcare's annualized ROA % for the quarter that ended in Jun. 2022 was -0.95%. Total Assets is also linked to Revenue through Asset Turnover. Change Healthcare's Asset Turnover for the quarter that ended in Jun. 2022 was 0.09.
The historical data trend for Change Healthcare'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.
Change Healthcare Annual Data | |||||||||||||||
Trend | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | |||||||||
Total Assets | Get a 7-Day Free Trial | 1,374.00 | 1,298.82 | 10,107.38 | 10,112.62 | 9,932.50 |
Change Healthcare Quarterly Data | |||||||||||||||||||
Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | |
Total Assets | Get a 7-Day Free Trial | 10,031.85 | 9,849.73 | 9,847.98 | 9,932.50 | 9,636.98 |
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.
Change Healthcare's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as
Total Assets | = | Total Equity (A: Mar. 2022 ) | + | Total Liabilities (A: Mar. 2022 ) |
= | 3276.107 | + | 6656.388 | |
= | 9,932 |
Change Healthcare's Total Assets for the quarter that ended in Jun. 2022 is calculated as
Total Assets | = | Total Equity (Q: Jun. 2022 ) | + | Total Liabilities (Q: Jun. 2022 ) |
= | 3290.886 | + | 6346.095 | |
= | 9,637 |
* 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.
Change Healthcare (NAS:CHNG) Total Assets Explanation
Total Assets is connected with ROA %.
Change Healthcare's annualized ROA % for the quarter that ended in Jun. 2022 is
ROA % | = | Net Income (Q: Jun. 2022 ) | / | ( (Total Assets (Q: Mar. 2022 ) | + | Total Assets (Q: Jun. 2022 )) | / count ) |
= | -92.672 | / | ( (9932.495 | + | 9636.981) | / 2 ) | |
= | -92.672 | / | 9784.738 | ||||
= | -0.95 % |
Note: The Net Income data used here is four times the quarterly (Jun. 2022) 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.
Change Healthcare's Asset Turnover for the quarter that ended in Jun. 2022 is
Asset Turnover | ||||||
= | Revenue (Q: Jun. 2022 ) | / | ( (Total Assets (Q: Mar. 2022 ) | + | Total Assets (Q: Jun. 2022 )) | / count ) |
= | 884.469 | / | ( (9932.495 | + | 9636.981) | / 2 ) |
= | 884.469 | / | 9784.738 | |||
= | 0.09 |
* 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.
Thank you for viewing the detailed overview of Change Healthcare's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Tracy Byers | officer: SVP and GM, Enterprise Imaging | C/O CHANGE HEALTHCARE INC. 424 CHURCH STREET, SUITE 1400 NASHVILLE TN 37219 |
Steven B. Martin | officer: EVP, Enterprise Technology | 3055 LEBANON PIKE SUITE 1000 NASHVILLE TN 37214 |
Nella Domenici | director | C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Paul Rareshide | officer: SVP, Corporate Controller | C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214 |
Fredrik J Eliasson | officer: EVP & CFO | 500 WATER STREET, JACKSONVILLE FL 32202 |
De Crescenzo Neil E. | director, officer: President & CEO | C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214 |
Diana Mckenzie | director | METLIFE, 200 PARK AVENUE, NEW YORK NY 10166 |
Roderick H. O'reilly | officer: See Remarks | C/O CHANGE HEALTHCARE INC., 3055 LEBANON PIKE, SUITE 1000, NASHVILLE TN 37214 |
August Calhoun | officer: See Remarks | C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214 |
Thomas Mcenery | officer: EVP & Chief Marketing Officer | |
Bansi Nagji | director | MCKESSON CORPORATION, 6555 STATE HIGHWAY 161, IRVING TX 75039 |
Alex P. Choy | officer: See Remarks | C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214 |
Linda Whitley-taylor | officer: EVP & Chief People Officer | C/O BENSON HILL, INC., 1001 NORTH WARSON ROAD, SAINT LOUIS MO 63132 |
Phillip W. Roe | director | 20 BURTON HILLS BOULEVARD SUITE 100 NASHVILLE TN 37215 |
Kriten Joshi | officer: See Remarks | C/O CHANGE HEALTHCARE INC. 3055 LEBANON PIKE, SUITE 1000 NASHVILLE TN 37214 |
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