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Harel Insurance Investments & Financial Services (XTAE:HARL) Total Assets : ₪144,806 Mil (As of Dec. 2023)


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What is Harel Insurance Investments & Financial Services Total Assets?

Harel Insurance Investments & Financial Services's Total Assets for the quarter that ended in Dec. 2023 was ₪144,806 Mil.

Warning Sign:

If a company builds assets at 7.3% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Harel Insurance Investments & Financial Services's average Total Assets Growth Rate was 7.20% per year. During the past 3 years, the average Total Assets Growth Rate was 6.50% per year. During the past 5 years, the average Total Assets Growth Rate was 7.30% per year. During the past 10 years, the average Total Assets Growth Rate was 5.60% per year.

During the past 13 years, Harel Insurance Investments & Financial Services's highest 3-Year average Total Assets Growth Rate was 19.00%. The lowest was 0.40%. And the median was 9.15%.

Total Assets is connected with ROA %. Harel Insurance Investments & Financial Services's annualized ROA % for the quarter that ended in Dec. 2023 was 0.78%. Total Assets is also linked to Revenue through Asset Turnover. Harel Insurance Investments & Financial Services's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.


Harel Insurance Investments & Financial Services Total Assets Historical Data

The historical data trend for Harel Insurance Investments & Financial Services'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.

Harel Insurance Investments & Financial Services Total Assets Chart

Harel Insurance Investments & Financial Services 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 114,717.00 119,746.00 137,671.00 135,271.00 144,806.00

Harel Insurance Investments & Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 135,271.00 136,731.00 142,546.00 143,179.00 144,806.00

Harel Insurance Investments & Financial Services 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.

Harel Insurance Investments & Financial Services'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 )
=8953+135853
=144,806

Harel Insurance Investments & Financial Services'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 )
=8953+135853
=144,806

* 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.


Harel Insurance Investments & Financial Services  (XTAE:HARL) Total Assets Explanation

Total Assets is connected with ROA %.

Harel Insurance Investments & Financial Services's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1124/( (143179+144806)/ 2 )
=1124/143992.5
=0.78 %

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.

Harel Insurance Investments & Financial Services's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=6425/( (143179+144806)/ 2 )
=6425/143992.5
=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.

Harel Insurance Investments & Financial Services Total Assets Related Terms

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Harel Insurance Investments & Financial Services (XTAE:HARL) Business Description

Traded in Other Exchanges
N/A
Address
3 Abba Hillel Street, Ramat Gan, ISR
Harel Insurance Investments & Financial Services Ltd is a diversified insurance company that offers a selection of life insurance policies, health insurance, nursing insurance, travel insurance, car insurance, and rent and property insurance to residential and commercial customers in Israel. The company also generates revenue through investment portfolio management, mutual funds, and exchange-traded funds.

Harel Insurance Investments & Financial Services (XTAE:HARL) Headlines