Kansas City Life Insurance Co (Kansas City Life Insurance Co) Total Assets : $5,056.1 Mil (As of Mar. 2024)

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What is Kansas City Life Insurance Co Total Assets?

Kansas City Life Insurance Co's Total Assets for the quarter that ended in Mar. 2024 was $5,056.1 Mil.

During the past 12 months, Kansas City Life Insurance Co's average Total Assets Growth Rate was 80.40% per year. During the past 3 years, the average Total Assets Growth Rate was 29.00% per year. During the past 5 years, the average Total Assets Growth Rate was 19.50% per year. During the past 10 years, the average Total Assets Growth Rate was 9.40% per year.

During the past 13 years, Kansas City Life Insurance Co's highest 3-Year average Total Assets Growth Rate was 29.10%. The lowest was -25.50%. And the median was 5.20%.

Total Assets is connected with ROA %. Kansas City Life Insurance Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.12%. Total Assets is also linked to Revenue through Asset Turnover. Kansas City Life Insurance Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Kansas City Life Insurance Co Total Assets Historical Data

The historical data trend for Kansas City Life Insurance Co'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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Kansas City Life Insurance Co Total Assets Chart

Kansas City Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,219.87

5,463.01

5,433.43

4,965.15

5,053.16

Kansas City Life Insurance Co 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															5,007.10	4,973.11	4,855.68	5,053.16	5,056.11

Kansas City Life Insurance Co 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.

Kansas City Life Insurance Co'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 )
	=	609.357	+	4443.805
	=	5,053.2

Kansas City Life Insurance Co'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 )
	=	590.199	+	4465.906
	=	5,056.1

Kansas City Life Insurance Co (OTCPK:KCLI) Total Assets Explanation

Total Assets is connected with ROA %.

Kansas City Life Insurance Co'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 )
	=	6.216	/	( (5053.162	+	5056.105)	/ 2 )
	=	6.216	/	5054.6335
	=	0.12 %

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.

Kansas City Life Insurance Co'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 )
=	127.325	/	( (5053.162	+	5056.105)	/ 2 )
=	127.325	/	5054.6335
=	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.

Kansas City Life Insurance Co Total Assets Related Terms

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Kansas City Life Insurance Co (Kansas City Life Insurance Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kansas City Life Insurance Co (OTCPK:KCLI) » Definitions » Total Assets

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Address

3520 Broadway, Kansas, MO, USA, 64111-2565

Website

http://www.kclife.com

Kansas City Life Insurance Co is a Missouri-domiciled insurance company providing individual life, annuity, and group products through general agencies located throughout the United States. The company operates its business in three segments; The Individual Insurance segment consists of individual insurance products for Kansas City Life, Grange Life, and the assumed reinsurance transactions, The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products, and The Old American segment consists of individual insurance products designed largely as final expense products, out of which the Individual insurance segment derives the maximum revenue.