Enterprise Group (XGHA:EGL) Total Assets

: GHS2,422 Mil (As of Dec. 2022)

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Enterprise Group's Total Assets for the quarter that ended in Dec. 2022 was GHS2,422 Mil.

Warning Sign:

If a company builds assets at 19.4% a year, faster than its revenue growth rate of 15.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Enterprise Group's average Total Assets Growth Rate was 14.00% per year. During the past 3 years, the average Total Assets Growth Rate was 22.00% per year. During the past 5 years, the average Total Assets Growth Rate was 19.40% per year. During the past 10 years, the average Total Assets Growth Rate was 26.10% per year.

During the past 13 years, Enterprise Group's highest 3-Year average Total Assets Growth Rate was 44.10%. The lowest was 18.00%. And the median was 30.70%.

Total Assets is connected with ROA %. Enterprise Group's annualized ROA % for the quarter that ended in Dec. 2022 was 6.35%. Total Assets is also linked to Revenue through Asset Turnover. Enterprise Group's Asset Turnover for the quarter that ended in Dec. 2022 was 0.56.

Enterprise Group Total Assets Historical Data

The historical data trend for Enterprise Group'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.

Enterprise Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

1,349.34

1,499.12

1,745.51

2,163.32

2,422.39

Enterprise Group Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Total Assets										1,349.34	1,499.12	1,745.51	2,163.32	2,422.39

Enterprise Group 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.

Enterprise Group's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	1031.722	+	1390.663
	=	2,422

Enterprise Group's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2022 )	+	Total Liabilities (Q: Dec. 2022 )
	=	1031.722	+	1390.663
	=	2,422

Enterprise Group (XGHA:EGL) Total Assets Explanation

Total Assets is connected with ROA %.

Enterprise Group's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %	=	Net Income (Q: Dec. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	145.491	/	( (2163.317	+	2422.385)	/ 2 )
	=	145.491	/	2292.851
	=	6.35 %

Note: The Net Income data used here is one times the annual (Dec. 2022) 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.

Enterprise Group's Asset Turnover for the quarter that ended in Dec. 2022 is

	Asset Turnover
=	Revenue (Q: Dec. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
=	1286.355	/	( (2163.317	+	2422.385)	/ 2 )
=	1286.355	/	2292.851
=	0.56

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.

Enterprise Group Total Assets Related Terms

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Enterprise Group (XGHA:EGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Enterprise Group Ltd (XGHA:EGL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mayor Road, Ridge West, Accra, Advantage Place, Accra, GHA, PMB 150

Website

https://www.myenterprisegroup.io

Enterprise Group Ltd is engaged in the business of investments, life, non-life and health insurance underwriting, pensions funds management, provision of funeral services and real estate development and management. It also underwrites insurance risks, associated with death, disability, health, property, and liability. The group is organized into six operating segments. These segments are Non-life insurance business; Life assurance business; Pension administration; Real estate; Funeral services; and Investments. The company derives its revenues from Life assurance business.

Enterprise Group (XGHA:EGL) Headlines

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