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Primus Guaranty Ltd  (OTCPK:PRSG) Total Assets: $585.82 Mil (As of Dec. 2011)

Primus Guaranty Ltd's total assets for the quarter that ended in Dec. 2011 was $585.82 Mil.

Total Assets is connected with ROA %. Primus Guaranty Ltd's annualized ROA % for the quarter that ended in Dec. 2011 was 68.56%. Total Assets is also linked to Revenue through Asset Turnover. Primus Guaranty Ltd's Asset Turnover for the quarter that ended in Dec. 2011 was 0.17.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Primus Guaranty Ltd Annual Data

Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 888.65 794.23 732.75 634.86 585.82

Primus Guaranty Ltd Quarterly Data

Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 634.86 618.20 611.36 594.63 585.82

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


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.

Primus Guaranty Ltd's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets=Total Equity (A: Dec. 2011 )+Total Liabilities (A: Dec. 2011 )
=-145.638+731.462
=585.82

Primus Guaranty Ltd's Total Assets for the quarter that ended in Dec. 2011 is calculated as

Total Assets=Total Equity (Q: Dec. 2011 )+Total Liabilities (Q: Dec. 2011 )
=-145.638+731.462
=585.82

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Total Assets is connected with Return on Assets.

{COMPANY->company}'s annualized ROA % for the quarter that ended in Dec. 2011 is

ROA %=Net Income (Q: Dec. 2011 )/( (Total Assets (Q: Sep. 20 )+Total Assets (Q: Dec. 2011 ))/ 2 )
=404.64/( (594.628+585.824)/ 2 )
=404.64/590.226
=68.56 %

Note: The Net Income data used here is four times the quarterly (Dec. 2011) net income 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.

Primus Guaranty Ltd's Asset Turnover for the quarter that ended in Dec. 2011 is

Asset Turnover
=Sales/Average Total Assets
=Revenue (Q: Dec. 2011 )/( (Total Assets (Q: Sep. 20 )+Total Assets (Q: Dec. 2011 ))/ 2 )
=103.167/( (594.628+585.824)/ 2 )
=103.167/590.226
=0.17

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Therefore, if a company grows its assets faster than its sales, the asset turnover will decline. This might be a warning sign for the business.

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