Just Energy Group (Just Energy Group) Total Assets : $1,600 Mil (As of Sep. 2022)

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What is Just Energy Group Total Assets?

Just Energy Group's Total Assets for the quarter that ended in Sep. 2022 was $1,600 Mil.

Total Assets is connected with ROA %. Just Energy Group's annualized ROA % for the quarter that ended in Sep. 2022 was -46.84%. Total Assets is also linked to Revenue through Asset Turnover. Just Energy Group's Asset Turnover for the quarter that ended in Sep. 2022 was 0.39.

Just Energy Group Total Assets Historical Data

The historical data trend for Just Energy 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.

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Just Energy Group Total Assets Chart

Just Energy Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Total Assets

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1,240.04

1,272.77

857.31

866.71

1,623.81

Just Energy Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Assets	Get a 7-Day Free Trial															1,359.07	1,209.75	1,623.81	1,911.37	1,600.06

Just Energy Group 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.

Just Energy Group'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 )
	=	194.201	+	1429.613
	=	1,624

Just Energy Group's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	136.355	+	1463.707
	=	1,600

Just Energy Group (OTCPK:JE) Total Assets Explanation

Total Assets is connected with ROA %.

Just Energy Group's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	-822.392	/	( (1911.371	+	1600.062)	/ 2 )
	=	-822.392	/	1755.7165
	=	-46.84 %

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

Just Energy Group's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Jun. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	684.968	/	( (1911.371	+	1600.062)	/ 2 )
=	684.968	/	1755.7165
=	0.39

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.

Just Energy Group Total Assets Related Terms

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Just Energy Group (Just Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Just Energy Group Inc (OTCPK:JE) » Definitions » Total Assets

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Address

100 King Street West, Suite 2630, First Canadian Place, Toronto, ON, CAN, M5X 1E1

Website

https://investors.justenergy.com

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.