JPMorgan Global Growth &ome (LSE:JGGI) Total Assets : £2,217.7 Mil (As of Dec. 2023)

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What is JPMorgan Global Growth &ome Total Assets?

JPMorgan Global Growth &ome's Total Assets for the quarter that ended in Dec. 2023 was £2,217.7 Mil.

During the past 12 months, JPMorgan Global Growth &ome's average Total Assets Growth Rate was 25.00% per year. During the past 3 years, the average Total Assets Growth Rate was 54.60% per year. During the past 5 years, the average Total Assets Growth Rate was 27.20% per year. During the past 10 years, the average Total Assets Growth Rate was 16.90% per year.

During the past 13 years, JPMorgan Global Growth &ome's highest 3-Year average Total Assets Growth Rate was 54.60%. The lowest was -22.80%. And the median was 9.30%.

Total Assets is connected with ROA %. JPMorgan Global Growth &ome's annualized ROA % for the quarter that ended in Dec. 2023 was 17.40%. Total Assets is also linked to Revenue through Asset Turnover. JPMorgan Global Growth &ome's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

JPMorgan Global Growth &ome Total Assets Historical Data

The historical data trend for JPMorgan Global Growth &ome'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 Global Growth &ome Total Assets Chart

JPMorgan Global Growth &ome Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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473.62

524.60

720.35

726.65

1,962.75

JPMorgan Global Growth &ome Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															785.96	726.65	1,774.27	1,962.75	2,217.71

JPMorgan Global Growth &ome 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 Global Growth &ome'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 )
	=	1812.908	+	149.843
	=	1,962.8

JPMorgan Global Growth &ome'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 )
	=	2072.641	+	145.072
	=	2,217.7

JPMorgan Global Growth &ome (LSE:JGGI) Total Assets Explanation

Total Assets is connected with ROA %.

JPMorgan Global Growth &ome's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	363.63	/	( (1962.751	+	2217.713)	/ 2 )
	=	363.63	/	2090.232
	=	17.40 %

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

JPMorgan Global Growth &ome's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	184.736	/	( (1962.751	+	2217.713)	/ 2 )
=	184.736	/	2090.232
=	0.09

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 Global Growth &ome Total Assets Related Terms

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JPMorgan Global Growth &ome (LSE:JGGI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Global Growth & Income PLC (LSE:JGGI) » Definitions » Total Assets

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JGGIl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmglobalgrowthandincome.co.uk

JPMorgan Global Growth & Income PLC is an investment trust company. Its main objective is to gain capital growth from world stock markets. The company seeks to manage risk and invests in a diversified portfolio of companies. It focuses on building a high conviction portfolio of typically 50-90 stocks and it adopts bottom-up stock selection instead of geographical or sector allocation. It uses borrowing to gear the portfolio within a range of 5% cash to 20% geared under normal market conditions. The company evaluates its performance against the MSCI All Countries World Index in sterling terms. It holds a diversified portfolio of various sectors including Consumer Discretionary, Financials, Health Care, Information Technology, Industrials, and others.

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