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Gjensidige Forsikring ASA Total Assets

: $14,763 Mil (As of Sep. 2021)
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Gjensidige Forsikring ASA's Total Assets for the quarter that ended in Sep. 2021 was $14,763 Mil.

During the past 12 months, Gjensidige Forsikring ASA's average Total Assets Growth Rate was 11.10% per year. During the past 3 years, the average Total Assets Growth Rate was -7.60% per year. During the past 5 years, the average Total Assets Growth Rate was -2.80% per year. During the past 10 years, the average Total Assets Growth Rate was 4.80% per year.

During the past 13 years, Gjensidige Forsikring ASA's highest 3-Year average Total Assets Growth Rate was 19.10%. The lowest was -7.60%. And the median was 9.50%.

Total Assets is connected with ROA %. Gjensidige Forsikring ASA's annualized ROA % for the quarter that ended in Sep. 2021 was 4.64%. Total Assets is also linked to Revenue through Asset Turnover. Gjensidige Forsikring ASA's Asset Turnover for the quarter that ended in Sep. 2021 was 0.06.


Gjensidige Forsikring ASA Total Assets Historical Data

The historical data trend for Gjensidige Forsikring ASA'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.

Gjensidige Forsikring ASA 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 15,876.12 17,922.09 18,172.67 12,456.33 13,587.99

Gjensidige Forsikring ASA 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 12,564.91 13,587.99 15,066.95 15,019.30 14,762.92

Gjensidige Forsikring ASA 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.

Gjensidige Forsikring ASA'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 )
=2903.8945228607+10684.096886449
=13,588

Gjensidige Forsikring ASA'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 )
=2889.1814790432+11873.739648661
=14,763

* 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.


Gjensidige Forsikring ASA  (OTCPK:GJNSY) Total Assets Explanation

Total Assets is connected with ROA %.

Gjensidige Forsikring ASA'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 )
=690.71295750898/( (15019.304056701+14762.921127704)/ 2 )
=690.71295750898/14891.112592203
=4.64 %

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.

Gjensidige Forsikring ASA'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 )
=926.55602138988/( (15019.304056701+14762.921127704)/ 2 )
=926.55602138988/14891.112592203
=0.06

* 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.

Gjensidige Forsikring ASA Total Assets Related Terms

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Gjensidige Forsikring ASA Business Description

Gjensidige Forsikring ASA logo
Industry
Address
Schweigaardsgate 21, Oslo, NOR, 0191
Gjensidige Forsikring is a diversified insurance company that operates in multiple business segments, including general insurance private; general insurance commercial; general insurance Denmark; general insurance Sweden; general insurance Baltics; and pension. The company provides general, accident, and health insurance products, among others. The vast majority of the company's revenue is generated from its private and commercial segments. The private segment offers a range of products in the Norwegian private market, while the commercial segment provides products to the commercial, agricultural, and municipality markets in Norway. The company considers mergers and acquisitions a component of its operational growth strategy.

Gjensidige Forsikring ASA Headlines

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