GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Co-operators General Insurance Co (TSX:CCS.PR.C.PFD) » Definitions » Total Assets

Co-operators General Insurance Co (TSX:CCS.PR.C.PFD) Total Assets : C$7,696.88 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Co-operators General Insurance Co Total Assets?

Co-operators General Insurance Co's Total Assets for the quarter that ended in Mar. 2024 was C$7,696.88 Mil.

During the past 12 months, Co-operators General Insurance Co's average Total Assets Growth Rate was 2.40% 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 -0.80% per year.

During the past 13 years, Co-operators General Insurance Co's highest 3-Year average Total Assets Growth Rate was 9.70%. The lowest was -1.30%. And the median was 4.40%.

Total Assets is connected with ROA %. Co-operators General Insurance Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.46%. Total Assets is also linked to Revenue through Asset Turnover. Co-operators General Insurance Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.


Co-operators General Insurance Co Total Assets Historical Data

The historical data trend for Co-operators General 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.

* Premium members only.

Co-operators General Insurance Co Total Assets Chart

Co-operators General Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,487.97 8,261.63 7,335.15 7,137.50 7,695.67

Co-operators General 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 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 7,145.45 7,118.63 7,301.96 7,695.67 7,696.88

Co-operators General 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.

Co-operators General 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 )
=2575.223+5120.446
=7,695.67

Co-operators General 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 )
=2614.993+5081.882
=7,696.88

* 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.


Co-operators General Insurance Co  (TSX:CCS.PR.C.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Co-operators General 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 )
=188.96/( (7695.669+7696.875)/ 2 )
=188.96/7696.272
=2.46 %

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.

Co-operators General 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 )
=1020.06/( (7695.669+7696.875)/ 2 )
=1020.06/7696.272
=0.13

* 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.

Co-operators General Insurance Co Total Assets Related Terms

Thank you for viewing the detailed overview of Co-operators General Insurance Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Co-operators General Insurance Co (TSX:CCS.PR.C.PFD) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
130 Macdonell Street, Guelph, ON, CAN, N1H 6P8
Co-operators General Insurance Co is a Canada based insurance company involved in the Property and casualty insurance operations. It provides diversified, integrated, multi-line insurance, and financial services. The product line of the company consists of insurance such as Home, Auto, Life, Business, Farm, and Travel. The company earns maximum revenue from the premium, and operates only in Canada.

Co-operators General Insurance Co (TSX:CCS.PR.C.PFD) Headlines

No Headlines