What is The Hartford Financial Services Group Total Assets?
The Hartford Financial Services Group's Total Assets for the quarter that ended in Dec. 2023 was $76,780 Mil.
During the past 12 months, The Hartford Financial Services Group's average Total Assets Growth Rate was 0.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.50% per year.
During the past 10 years, the average Total Assets Growth Rate was -21.90% per year.
During the past 13 years, The Hartford Financial Services Group's highest 3-Year average Total Assets Growth Rate was 16.90%. The lowest was -48.80%. And the median was 1.75%.
Total Assets is connected with ROA %. The Hartford Financial Services Group's annualizedROA % for the quarter that ended in Dec. 2023 was 4.08%. Total Assets is also linked to Revenue through Asset Turnover. The Hartford Financial Services Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.
The Hartford Financial Services Group Total Assets Historical Data
The historical data trend for The Hartford Financial Services 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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The Hartford Financial Services Group Total Assets Chart
The Hartford Financial Services 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.
The Hartford Financial Services 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.
The Hartford Financial Services Group (NYSE:HIG) Total Assets Explanation
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.
The Hartford Financial Services 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.
The Hartford Financial Services Group Total Assets Related Terms
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The Hartford Financial Services Group (The Hartford Financial Services Group) Business Description
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
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