American Well (American Well) Total Assets : $548.4 Mil (As of Mar. 2024)

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What is American Well Total Assets?

American Well's Total Assets for the quarter that ended in Mar. 2024 was $548.4 Mil.

Warning Sign:

If a company builds assets at 7.8% a year, faster than its revenue growth rate of 3.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, American Well's average Total Assets Growth Rate was -30.20% per year. During the past 3 years, the average Total Assets Growth Rate was -13.40% per year. During the past 5 years, the average Total Assets Growth Rate was 7.80% per year.

During the past 6 years, American Well's highest 3-Year average Total Assets Growth Rate was 44.20%. The lowest was -13.40%. And the median was 28.20%.

Total Assets is connected with ROA %. American Well's annualized ROA % for the quarter that ended in Mar. 2024 was -50.69%. Total Assets is also linked to Revenue through Asset Turnover. American Well's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

American Well Total Assets Historical Data

The historical data trend for American Well'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.

American Well Total Assets Chart

American Well Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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499.88

1,376.65

1,445.84

1,217.56

589.71

American Well Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															850.51	772.18	635.00	589.71	548.38

American Well 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.

American Well'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 )
	=	480.186	+	109.519
	=	589.7

American Well's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	423.358	+	125.025
	=	548.4

American Well (NYSE:AMWL) Total Assets Explanation

Total Assets is connected with ROA %.

American Well's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-288.42	/	( (589.705	+	548.383)	/ 2 )
	=	-288.42	/	569.044
	=	-50.69 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

American Well's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	59.522	/	( (589.705	+	548.383)	/ 2 )
=	59.522	/	569.044
=	0.10

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.

American Well Total Assets Related Terms

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American Well (American Well) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » American Well Corp (NYSE:AMWL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 State Street, 26th Floor, Boston, MA, USA, 02109

Website

https://business.amwell.com

American Well Corp is a telehealth company enabling digital delivery of care for its customers. Its platform, Amwell, digital care delivery solution that equips health systems, health plans, government, and innovator clients with the tools to enable new models of care for their patients and members enabling care delivery across the full healthcare continuum - from primary and urgent care in the home to high acuity specialty consults, such as telestroke and telepsychiatry, in the hospital. It provides both on-demand and scheduled consultations. Its Health Plan Programs include Virtual Primary Care, Musculoskeletal Care, Dermatology Care, and Chronic Care among others.

Executives

Vukasin Paunovich	officer: EVP, Enterprise Platforms	C/O AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Kurt Knight	officer: Chief Operating Officer	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Robert Shepardson	officer: Chief Financial Officer	C/O AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Paul Francis Mcneice	officer: Vice President of Accounting	20 JOHANNA DRIVE, READING MA 01867
Deborah C Jackson	director	C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Peter L. Slavin	director	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Phyllis Gotlib	officer: President, International	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Ido Schoenberg	director, 10 percent owner, officer: Chairman, co-CEO	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Roy Schoenberg	director, 10 percent owner, officer: President, co-CEO	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Kathy Johnson Weiler	officer: See Remarks	C/O AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON, MA 02109
Bradford Gay	officer: Senior VP, General Counsel	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Serkan Kutan	officer: Chief Technology Officer	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Amber Howe	officer: Chief People Officer	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Stephen J. Schlegel	director	AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109
Robert Thomas Webb	director	C/O AMERICAN WELL CORPORATION, 75 STATE STREET, 26TH FLOOR, BOSTON MA 02109