GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Triad Guaranty Inc (OTCPK:TGIC) » Definitions » Total Assets

Triad Guaranty (Triad Guaranty) Total Assets : $820.6 Mil (As of Sep. 2012)


View and export this data going back to 1993. Start your Free Trial

What is Triad Guaranty Total Assets?

Triad Guaranty's Total Assets for the quarter that ended in Sep. 2012 was $820.6 Mil.

Total Assets is connected with ROA %. Triad Guaranty's annualized ROA % for the quarter that ended in Sep. 2012 was -15.98%. Total Assets is also linked to Revenue through Asset Turnover. Triad Guaranty's Asset Turnover for the quarter that ended in Sep. 2012 was 0.04.


Triad Guaranty Total Assets Historical Data

The historical data trend for Triad Guaranty'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.

Triad Guaranty Total Assets Chart

Triad Guaranty Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,132.85 1,130.53 1,124.83 991.63 896.23

Triad Guaranty Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 918.75 896.23 875.70 848.02 820.59

Triad Guaranty 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.

Triad Guaranty's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets=Total Equity (A: Dec. 2011 )+Total Liabilities (A: Dec. 2011 )
=-703.574+1599.801
=896.2

Triad Guaranty's Total Assets for the quarter that ended in Sep. 2012 is calculated as

Total Assets=Total Equity (Q: Sep. 2012 )+Total Liabilities (Q: Sep. 2012 )
=-802.789+1623.379
=820.6

* 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.


Triad Guaranty  (OTCPK:TGIC) Total Assets Explanation

Total Assets is connected with ROA %.

Triad Guaranty's annualized ROA % for the quarter that ended in Sep. 2012 is

ROA %=Net Income (Q: Sep. 2012 )/( (Total Assets (Q: Jun. 2012 )+Total Assets (Q: Sep. 2012 ))/ count )
=-133.34/( (848.024+820.59)/ 2 )
=-133.34/834.307
=-15.98 %

Note: The Net Income data used here is four times the quarterly (Sep. 2012) 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.

Triad Guaranty's Asset Turnover for the quarter that ended in Sep. 2012 is

Asset Turnover
=Revenue (Q: Sep. 2012 )/( (Total Assets (Q: Jun. 2012 )+Total Assets (Q: Sep. 2012 ))/ count )
=32.289/( (848.024+820.59)/ 2 )
=32.289/834.307
=0.04

* 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.

Triad Guaranty Total Assets Related Terms

Thank you for viewing the detailed overview of Triad Guaranty's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Triad Guaranty (Triad Guaranty) Business Description

Traded in Other Exchanges
N/A
Address
101 South Stratford Road, Winston-Salem, NC, USA, 27104
Triad Guaranty Inc is a holding company which, through its wholly-owned subsidiary, Triad Guaranty Insurance Corporation ('TGIC'), is a nationwide mortgage insurer pursuing a run-off of its existing in-force book of business.
Executives
Durham Harold Lee Jr director 4300 SIX FORKS ROAD, RALEIGH NC 27609
Williamson Henry G Jr director HOOKER FURNITURE CORPORATION, POB 4708, MARTINSVILLE VA 24112

Triad Guaranty (Triad Guaranty) Headlines

From GuruFocus

Triad Guaranty Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-10-2009