GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hippo Holdings Inc (NYSE:HIPO) » Definitions » Total Assets

Hippo Holdings (Hippo Holdings) Total Assets : $1,524.7 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Hippo Holdings Total Assets?

Hippo Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,524.7 Mil.

During the past 12 months, Hippo Holdings's average Total Assets Growth Rate was 21.00% per year. During the past 3 years, the average Total Assets Growth Rate was 28.70% per year.

During the past 4 years, Hippo Holdings's highest 3-Year average Total Assets Growth Rate was 28.70%. The lowest was 28.70%. And the median was 28.70%.

Total Assets is connected with ROA %. Hippo Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -10.67%. Total Assets is also linked to Revenue through Asset Turnover. Hippo Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.


Hippo Holdings Total Assets Historical Data

The historical data trend for Hippo Holdings'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.

Hippo Holdings Total Assets Chart

Hippo Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
979.40 1,642.70 1,568.90 1,524.70

Hippo Holdings Quarterly Data
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 1,568.90 1,604.70 1,680.80 1,647.00 1,524.70

Hippo Holdings 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.

Hippo Holdings'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 )
=384.7+1140
=1,524.7

Hippo Holdings'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 )
=384.7+1140
=1,524.7

* 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.


Hippo Holdings  (NYSE:HIPO) Total Assets Explanation

Total Assets is connected with ROA %.

Hippo Holdings'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 )
=-169.2/( (1647+1524.7)/ 2 )
=-169.2/1585.85
=-10.67 %

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.

Hippo Holdings'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 )
=64.5/( (1647+1524.7)/ 2 )
=64.5/1585.85
=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.

Hippo Holdings Total Assets Related Terms

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


Hippo Holdings (Hippo Holdings) Business Description

Traded in Other Exchanges
N/A
Address
150 Forest Avenue, Palo Alto, CA, USA, 94301
Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, and service line coverage, among others.
Executives
John Drake Nichols director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Mark Schaaf director 150 FOREST AVENUE, PALO ALTO CA 94301
Anirudh Badia officer: Chief Accounting Officer 150 FOREST AVENUE, PALO ALTO CA 94301
Yuval Harry officer: Chief Revenue Officer 150 FOREST AVENUE, PALO ALTO CA 95624
Christopher Donahue officer: General Manager, MGA & CUO 150 FOREST AVENUE, PALO ALTO CA 94301
Noah Knauf director C/O WARBURG PINCUS LLC, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Sam Landman director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Richard Mccathron director, officer: President 8240 N. MOPAC EXPRESSWAY, #215, AUSTIN TX 78759
Assaf Wand director, officer: See Remarks C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Sandra S Wijnberg director 100 E. PRATT STREET, BA-1320, BALTIMORE MD 21202
Stewart Ellis officer: Chief Financial Officer C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Eric Feder director C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Ran Harpaz officer: Chief Technology Officer C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Aviad Pinkovezky officer: Chief Product Officer C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301
Amy Errett director C/O HIPPO HOLDINGS INC., 150 FOREST AVENUE, PALO ALTO CA 94301

Hippo Holdings (Hippo Holdings) Headlines

From GuruFocus

Hippo Reports Second Quarter 2023 Financial Results

By Business Wire 08-08-2023

Hippo Reports Fourth Quarter 2022 Financial Results

By Business Wire Business Wire 03-02-2023

Hippo Reports Third Quarter 2022 Financial Results

By Business Wire Business Wire 11-10-2022

Hippo Set to Join Russell 2000� and Russell 3000� Indexes

By Business Wire Business Wire 06-23-2022

Hippo Names Peter Piotrowski Chief Claims Officer

By Business Wire 08-10-2023

Hippo Announces Completion of $110M Debut Catastrophe Bond

By Business Wire Business Wire 06-01-2023

New Hippo Report Reveals Homeownership Challenges in 2022

By Business Wire Business Wire 12-13-2022