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Aflac Total Assets

: $160,597 Mil (As of Sep. 2021)
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Aflac's Total Assets for the quarter that ended in Sep. 2021 was $160,597 Mil.

During the past 12 months, Aflac's average Total Assets Growth Rate was 2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 3.00% per year. During the past 5 years, the average Total Assets Growth Rate was 3.90% per year. During the past 10 years, the average Total Assets Growth Rate was -3.80% per year.

During the past 13 years, Aflac's highest 3-Year average Total Assets Growth Rate was 46.80%. The lowest was -16.40%. And the median was 11.70%.

Total Assets is connected with ROA %. Aflac's annualized ROA % for the quarter that ended in Sep. 2021 was 2.21%. Total Assets is also linked to Revenue through Asset Turnover. Aflac's Asset Turnover for the quarter that ended in Sep. 2021 was 0.03.


Aflac Total Assets Historical Data

The historical data trend for Aflac'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.

Aflac Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129,819.00 137,217.00 140,406.00 152,768.00 165,086.00

Aflac Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Total Assets 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 Premium Member Only Premium Member Only Premium Member Only 160,955.00 165,086.00 158,157.00 161,492.00 160,597.00

Aflac 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.

Aflac's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=33559+131527
=165,086

Aflac's Total Assets for the quarter that ended in Sep. 2021 is calculated as

Total Assets=Total Equity (Q: Sep. 2021 )+Total Liabilities (Q: Sep. 2021 )
=33552+127045
=160,597

* 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.


Aflac  (NYSE:AFL) Total Assets Explanation

Total Assets is connected with ROA %.

Aflac's annualized ROA % for the quarter that ended in Sep. 2021 is

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=3552/( (161492+160597)/ 2 )
=3552/161044.5
=2.21 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) 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.

Aflac's Asset Turnover for the quarter that ended in Sep. 2021 is

Asset Turnover
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=5192/( (161492+160597)/ 2 )
=5192/161044.5
=0.03

* 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.

Aflac Total Assets Related Terms

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Aflac Business Description

Aflac logo
Industry
Financial Services » Insurance NAICS : 524114 SIC : 6321
Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accidents, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.
Executives
Williams Richard Jr officer: Executive V.P. 1932 WYNNTON RD COLUMBUS GA 31999
Lake Charles D Ii officer: Chairman & Rep. Director, ALIJ AFLAC INC 1932 WYNNTON RD COLUMBUS GA 31999
Lloyd Karole director 1932 WYNNTON ROAD COLUMBUS GA 31999
Crawford Frederick John officer: President & COO AFLAC INCORPORATED COLUMBUS 2Q 31999
Tillman Audrey B officer: Executive Vice President 1932 WYNNTON RD COLUMBUS GA 31999
Beaver Steven Kent officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD COLUMBUS 2Q 31999
Broden Max officer: EVP, Chief Financial Officer 1932 WYNNTON RD COLUMBUS GA 31999
Howard June P officer: Sr. Vice President 1932 WYNNTON RD COLUMBUS GA 31999
Kenny Thomas J director FRANKLIN RESOURCES INC 901 MARINERS ISLAND BLVD 6TH FLOOR SAN MATEO CA 94404
Stith Melvin T director 1111 BAY AVENUE, SUITE 501 COLUMBUS GA 31901
Bowers William P director 600 NORTH 18TH STREET BIN 15N-8170 BIRMINGHAM AL 35203
Moskowitz Joseph L director 1932 WYNNTON ROAD COLUMBUS GA 31999
Fukuzawa Toshihiko director 1932 WYNNTON RD COLUMBUS GA 31999
Rohrer Katherine director 1932 WYNNTON RD COLUMBUS GA 31999
Kiser Georgette D. director 1001 PENNSYLVANIA AVENUE, NW WASHINGTON DC 20004-2505

Aflac Headlines

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