JPMorgan Emerging Markets Inv Trust (LSE:JMG) Total Assets : £1,356.47 Mil (As of Dec. 2023)

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What is JPMorgan Emerging Markets Inv Trust Total Assets?

JPMorgan Emerging Markets Inv Trust's Total Assets for the quarter that ended in Dec. 2023 was £1,356.47 Mil.

During the past 12 months, JPMorgan Emerging Markets Inv Trust's average Total Assets Growth Rate was 1.80% per year. During the past 3 years, the average Total Assets Growth Rate was 0.70% per year. During the past 5 years, the average Total Assets Growth Rate was 2.20% per year. During the past 10 years, the average Total Assets Growth Rate was 7.40% per year.

During the past 13 years, JPMorgan Emerging Markets Inv Trust's highest 3-Year average Total Assets Growth Rate was 51.20%. The lowest was -0.90%. And the median was 8.00%.

Total Assets is connected with ROA %. JPMorgan Emerging Markets Inv Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 5.95%. Total Assets is also linked to Revenue through Asset Turnover. JPMorgan Emerging Markets Inv Trust's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

JPMorgan Emerging Markets Inv Trust Total Assets Historical Data

The historical data trend for JPMorgan Emerging Markets Inv Trust'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 Emerging Markets Inv Trust Total Assets Chart

JPMorgan Emerging Markets Inv Trust Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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1,314.08

1,304.14

1,699.42

1,375.18

1,340.95

JPMorgan Emerging Markets Inv Trust 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															1,616.78	1,375.18	1,376.43	1,340.95	1,356.47

JPMorgan Emerging Markets Inv Trust 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 Emerging Markets Inv Trust'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 )
	=	1329.822	+	11.127
	=	1,340.95

JPMorgan Emerging Markets Inv Trust'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 )
	=	1342.45	+	14.015
	=	1,356.47

JPMorgan Emerging Markets Inv Trust (LSE:JMG) Total Assets Explanation

Total Assets is connected with ROA %.

JPMorgan Emerging Markets Inv Trust'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 )
	=	80.276	/	( (1340.949	+	1356.465)	/ 2 )
	=	80.276	/	1348.707
	=	5.95 %

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 Emerging Markets Inv Trust'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 )
=	46.05	/	( (1340.949	+	1356.465)	/ 2 )
=	46.05	/	1348.707
=	0.03

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 Emerging Markets Inv Trust Total Assets Related Terms

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JPMorgan Emerging Markets Inv Trust (LSE:JMG) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan Emerging Markets Inv Trust PLC (LSE:JMG) » Definitions » Total Assets

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JMGl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmemergingmarkets.co.uk

JPMorgan Emerging Markets Inv Trust PLC is an investment trust company. Its objective is to maximize total return from emerging markets around the world through a diversified portfolio of underlying investments. The company invests in quoted securities in emerging stock markets and may invest in unquoted securities. The Fund invests in various sectors such as Financials, Information Technology, Consumer Staples, Consumer Discretionary, Materials, Health Care, Telecommunication Services, and Utilities. Geographically, the trust business can be seen across the region of South Asia, East Asia, Europe, Middle East, Africa and Latin America.

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