AGESF (Ageas/ NV) Total Assets : $104,188 Mil (As of Jun. 2024)

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What is Ageas/ NV Total Assets?

Ageas/ NV's Total Assets for the quarter that ended in Jun. 2024 was $104,188 Mil.

During the past 12 months, Ageas/ NV's average Total Assets Growth Rate was -7.40% per year. During the past 3 years, the average Total Assets Growth Rate was -8.90% per year. During the past 5 years, the average Total Assets Growth Rate was -2.30% per year. During the past 10 years, the average Total Assets Growth Rate was 1.80% per year.

During the past 13 years, Ageas/ NV's highest 3-Year average Total Assets Growth Rate was 13.60%. The lowest was -51.60%. And the median was 0.85%.

Total Assets is connected with ROA %. Ageas/ NV's annualized ROA % for the quarter that ended in Jun. 2024 was 1.32%. Total Assets is also linked to Revenue through Asset Turnover. Ageas/ NV's Asset Turnover for the quarter that ended in Jun. 2024 was 0.04.

Ageas/ NV Total Assets Historical Data

The historical data trend for Ageas/ NV'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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Ageas/ NV Total Assets Chart

Ageas/ NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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121,610.00

135,545.01

125,580.79

103,063.56

105,444.93

Ageas/ NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															108,516.91	103,063.56	107,244.85	105,444.93	104,188.38

Ageas/ NV 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.

Ageas/ NV'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 )
	=	9268.266	+	96176.663
	=	105,445

Ageas/ NV's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	9194.833	+	94993.541
	=	104,188

Ageas/ NV (OTCPK:AGESF) Total Assets Explanation

Total Assets is connected with ROA %.

Ageas/ NV's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	1382.132	/	( (105444.929	+	104188.375)	/ 2 )
	=	1382.132	/	104816.652
	=	1.32 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) 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.

Ageas/ NV's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	4497.309	/	( (105444.929	+	104188.375)	/ 2 )
=	4497.309	/	104816.652
=	0.04

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.

Ageas/ NV Total Assets Related Terms

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Ageas/ NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Ageas SA/ NV (OTCPK:AGESF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

AGESY:USA 1AGS:Italy AGSb:UK 0Q99:UK FO4N:Germany FO4N:Germany FO4N:Germany AGS:Belgium AGS:Austria

Address

Avenue du Boulevard 21, Manhattan Center, Bolwerklaan 21, Brussels, BEL, 1210

Website

https://www.ageas.com

Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralised debt. As Fortis' capital began to decline, the company initiated a rights issue, and the long-held promised dividend was suspended. As Fortis' share price began to decline and financial market conditions continued to worsen, with a series of leadership changes customers began to withdraw their deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgium government. BNP Paribas and was asked to spin off its insurance and asset management divisions.