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Fundamental Global (Fundamental Global) Total Assets : $65.74 Mil (As of Dec. 2023)


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What is Fundamental Global Total Assets?

Fundamental Global's Total Assets for the quarter that ended in Dec. 2023 was $65.74 Mil.

During the past 12 months, Fundamental Global's average Total Assets Growth Rate was 36.30% per year. During the past 3 years, the average Total Assets Growth Rate was 41.00% per year. During the past 5 years, the average Total Assets Growth Rate was -10.40% per year. During the past 10 years, the average Total Assets Growth Rate was 10.30% per year.

During the past 12 years, Fundamental Global's highest 3-Year average Total Assets Growth Rate was 93.20%. The lowest was -46.60%. And the median was 41.00%.

Total Assets is connected with ROA %. Fundamental Global's annualized ROA % for the quarter that ended in Dec. 2023 was -1.35%. Total Assets is also linked to Revenue through Asset Turnover. Fundamental Global's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.


Fundamental Global Total Assets Historical Data

The historical data trend for Fundamental Global'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.

Fundamental Global Total Assets Chart

Fundamental Global 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 63.45 34.71 40.83 49.48 65.74

Fundamental Global 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 49.48 50.00 48.57 58.83 65.74

Fundamental Global 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.

Fundamental Global'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 )
=42.492+23.244
=65.74

Fundamental Global'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 )
=42.492+23.244
=65.74

* 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.


Fundamental Global  (NAS:FGF) Total Assets Explanation

Total Assets is connected with ROA %.

Fundamental Global'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 )
=-0.84/( (58.828+65.736)/ 2 )
=-0.84/62.282
=-1.35 %

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.

Fundamental Global'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 )
=8.014/( (58.828+65.736)/ 2 )
=8.014/62.282
=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.

Fundamental Global Total Assets Related Terms

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Fundamental Global (Fundamental Global) Business Description

Traded in Other Exchanges
Address
104 S. Walnut Street, Unit 1A, Itasca, IL, USA, 60143
FG Financial Group Inc through its subsidiaries operates as diversified insurance, reinsurance, and investment management holding company. The company's segment includes Insurance and Asset Management. It generates maximum revenue from the Insurance segment.
Executives
Fundamental Global Gp, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Fg Financial Holdings, Llc 10 percent owner 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Hassan Baqar director KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Govignon Richard Edward Jr director 54 ANNETTE DR, MARLBORO NJ 07746
Joseph H Moglia 10 percent owner AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Kyle Cerminara director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Fg Group Holdings Inc. 10 percent owner 4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Bk Technologies Corp 10 percent owner 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Investors, Llc director, 10 percent owner 136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Lewis M Johnson director, 10 percent owner C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Brian D Bottjer officer: SVP and Controller 324 S. HYDE PARK AVENUE, SUITE 210, TAMPA FL 33606
Marsha G King director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Rita Hayes director C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Scott D Wollney director 1340 BUTTONWOOD LANE, GLENVIEW IL 60025
E. Gray Payne director C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904