SJW Group's Total Assets for the quarter that ended in Dec. 2023 was $4,345.1 Mil.
Warning Sign:
If a company builds assets at 18% a year, faster than its revenue growth rate of 4.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, SJW Group's average Total Assets Growth Rate was 15.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 18.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 16.20% per year.
During the past 13 years, SJW Group's highest 3-Year average Total Assets Growth Rate was 31.60%. The lowest was 4.60%. And the median was 7.80%.
Total Assets is connected with ROA %. SJW Group's annualizedROA % for the quarter that ended in Dec. 2023 was 1.85%. Total Assets is also linked to Revenue through Asset Turnover. SJW Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.
SJW Group Total Assets Historical Data
The historical data trend for SJW Group'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.
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.
SJW Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
SJW Group's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
SJW Group Total Assets Related Terms
Thank you for viewing the detailed overview of SJW Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
SJW Group is a U.S. water utility services holding company that provides, stores, purifies and distributes water. The company primarily operates in various California municipalities and also has operations in other states. Its operating segments include Water Utility Services and Real Estate Services. The majority of the company's revenue is derived from its water utility services segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SJW has been successfully added to your 