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Brookfield Reinsurance (Brookfield Reinsurance) Total Assets : $61,643 Mil (As of Dec. 2023)


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What is Brookfield Reinsurance Total Assets?

Brookfield Reinsurance's Total Assets for the quarter that ended in Dec. 2023 was $61,643 Mil.

During the past 12 months, Brookfield Reinsurance's average Total Assets Growth Rate was 37.10% per year. During the past 3 years, the average Total Assets Growth Rate was 249.60% per year.

During the past 6 years, Brookfield Reinsurance's highest 3-Year average Total Assets Growth Rate was 260.00%. The lowest was 249.60%. And the median was 254.80%.

Total Assets is connected with ROA %. Brookfield Reinsurance's annualized ROA % for the quarter that ended in Dec. 2023 was 3.23%. Total Assets is also linked to Revenue through Asset Turnover. Brookfield Reinsurance's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.


Brookfield Reinsurance Total Assets Historical Data

The historical data trend for Brookfield Reinsurance'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.

Brookfield Reinsurance Total Assets Chart

Brookfield Reinsurance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 926.71 1,440.00 11,493.00 43,458.00 61,643.00

Brookfield Reinsurance Quarterly Data
Dec18 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 43,458.00 44,951.00 47,994.00 51,177.00 61,643.00

Brookfield Reinsurance 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.

Brookfield Reinsurance'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 )
=8849+52794
=61,643

Brookfield Reinsurance'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 )
=8849+52794
=61,643

* 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.


Brookfield Reinsurance  (NYSE:BNRE) Total Assets Explanation

Total Assets is connected with ROA %.

Brookfield Reinsurance'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 )
=1820/( (51177+61643)/ 2 )
=1820/56410
=3.23 %

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.

Brookfield Reinsurance'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 )
=2327/( (51177+61643)/ 2 )
=2327/56410
=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.

Brookfield Reinsurance Total Assets Related Terms

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Brookfield Reinsurance (Brookfield Reinsurance) Business Description

Traded in Other Exchanges
Address
94 Pitts Bay Road, Ideation House, First Floor, Pembroke, BMU, HM08
Brookfield Reinsurance Ltd owns and operates a reinsurance business focused on providing capital-based solutions to insurance companies and their stakeholders. The company offers a broad range of insurance products and services, including life insurance and annuities, and personal and commercial property and casualty insurance.