Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Total Assets : $298,575 Mil (As of Dec. 2023)

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What is Munchener Ruckversicherungs-Gesellschaft AG Total Assets?

Munchener Ruckversicherungs-Gesellschaft AG's Total Assets for the quarter that ended in Dec. 2023 was $298,575 Mil.

Warning Sign:

If a company builds assets at 18.9% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Munchener Ruckversicherungs-Gesellschaft AG's average Total Assets Growth Rate was 2.00% per year. During the past 3 years, the average Total Assets Growth Rate was 25.70% per year. During the past 5 years, the average Total Assets Growth Rate was 18.90% per year. During the past 10 years, the average Total Assets Growth Rate was 7.00% per year.

During the past 13 years, Munchener Ruckversicherungs-Gesellschaft AG's highest 3-Year average Total Assets Growth Rate was 26.90%. The lowest was -18.70%. And the median was 0.65%.

Total Assets is connected with ROA %. Munchener Ruckversicherungs-Gesellschaft AG's annualized ROA % for the quarter that ended in Dec. 2023 was 1.52%. Total Assets is also linked to Revenue through Asset Turnover. Munchener Ruckversicherungs-Gesellschaft AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Munchener Ruckversicherungs-Gesellschaft AG Total Assets Historical Data

The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG'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.

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Munchener Ruckversicherungs-Gesellschaft AG Total Assets Chart

Munchener Ruckversicherungs-Gesellschaft AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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319,503.33

362,464.72

353,000.00

285,371.82

298,574.70

Munchener Ruckversicherungs-Gesellschaft AG 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															285,371.82	282,217.35	285,785.48	282,495.20	298,574.70

Munchener Ruckversicherungs-Gesellschaft AG 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.

Munchener Ruckversicherungs-Gesellschaft AG'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 )
	=	32465.649	+	266109.051
	=	298,575

Munchener Ruckversicherungs-Gesellschaft AG'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 )
	=	32465.649	+	266109.051
	=	298,575

Munchener Ruckversicherungs-Gesellschaft AG (OTCPK:MURGY) Total Assets Explanation

Total Assets is connected with ROA %.

Munchener Ruckversicherungs-Gesellschaft AG'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 )
	=	4410.032	/	( (282495.197	+	298574.7)	/ 2 )
	=	4410.032	/	290534.9485
	=	1.52 %

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.

Munchener Ruckversicherungs-Gesellschaft AG'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 )
=	16004.362	/	( (282495.197	+	298574.7)	/ 2 )
=	16004.362	/	290534.9485
=	0.06

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.

Munchener Ruckversicherungs-Gesellschaft AG Total Assets Related Terms

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Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Munchener Ruckversicherungs-Gesellschaft AG (OTCPK:MURGY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MURGF:USA MUV2:Italy MUV2d:UK 0KFE:UK MUV2:Germany

Address

Koniginstrasse 107, Munich, BY, DEU, 80802

Website

https://www.munichre.com

Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.

Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Headlines

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