GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » IRB Brasil Resseguros SA (BSP:IRBR3) » Definitions » Total Assets

IRB Brasil Resseguros (BSP:IRBR3) Total Assets : R$15,486.43 Mil (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is IRB Brasil Resseguros Total Assets?

IRB Brasil Resseguros's Total Assets for the quarter that ended in Dec. 2023 was R$15,486.43 Mil.

During the past 12 months, IRB Brasil Resseguros's average Total Assets Growth Rate was 5.20% per year. During the past 3 years, the average Total Assets Growth Rate was -15.80% per year. During the past 5 years, the average Total Assets Growth Rate was -6.90% per year.

During the past 10 years, IRB Brasil Resseguros's highest 3-Year average Total Assets Growth Rate was 19.40%. The lowest was -15.80%. And the median was 4.80%.

Total Assets is connected with ROA %. IRB Brasil Resseguros's annualized ROA % for the quarter that ended in Dec. 2023 was -4.31%. Total Assets is also linked to Revenue through Asset Turnover. IRB Brasil Resseguros's Asset Turnover for the quarter that ended in Dec. 2023 was -0.19.


IRB Brasil Resseguros Total Assets Historical Data

The historical data trend for IRB Brasil Resseguros'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.

IRB Brasil Resseguros Total Assets Chart

IRB Brasil Resseguros 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 17,501.25 22,490.40 16,748.93 16,436.20 15,486.43

IRB Brasil Resseguros 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 16,436.20 21,321.86 20,641.91 21,686.81 15,486.43

IRB Brasil Resseguros 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.

IRB Brasil Resseguros'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 )
=4257.395+11229.037
=15,486.43

IRB Brasil Resseguros'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 )
=4257.395+11229.037
=15,486.43

* 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.


IRB Brasil Resseguros  (BSP:IRBR3) Total Assets Explanation

Total Assets is connected with ROA %.

IRB Brasil Resseguros'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 )
=-800.932/( (21686.814+15486.432)/ 2 )
=-800.932/18586.623
=-4.31 %

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.

IRB Brasil Resseguros'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 )
=-3606.745/( (21686.814+15486.432)/ 2 )
=-3606.745/18586.623
=-0.19

* 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.

IRB Brasil Resseguros Total Assets Related Terms

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


IRB Brasil Resseguros (BSP:IRBR3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Marechal Camara, 171-Castelo, Rio de Janeiro, RJ, BRA, 20020901
IRB Brasil Resseguros SA is a Brazil-based company provides reinsurance solutions. It offers reinsurance solutions for aviation, engineering, surety, financial, oil and gas, property, casualty, agricultural, cargo and marine, life and pension, and miscellaneous. The group offers solutions in both Brazil and international regions.

IRB Brasil Resseguros (BSP:IRBR3) Headlines

No Headlines