Helia Group (ASX:HLI) Total Assets : A$2,940.2 Mil (As of Jun. 2024)

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What is Helia Group Total Assets?

Helia Group's Total Assets for the quarter that ended in Jun. 2024 was A$2,940.2 Mil.

During the past 12 months, Helia Group's average Total Assets Growth Rate was -8.30% per year. During the past 3 years, the average Total Assets Growth Rate was -4.20% per year. During the past 5 years, the average Total Assets Growth Rate was -0.80% per year.

During the past 10 years, Helia Group's highest 3-Year average Total Assets Growth Rate was 3.60%. The lowest was -6.00%. And the median was -3.50%.

Total Assets is connected with ROA %. Helia Group's annualized ROA % for the quarter that ended in Jun. 2024 was 6.32%. Total Assets is also linked to Revenue through Asset Turnover. Helia Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.08.

Helia Group Total Assets Historical Data

The historical data trend for Helia 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.

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Helia Group Total Assets Chart

Helia Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,477.41

3,680.60

3,913.31

3,521.08

3,203.21

Helia Group 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															3,632.39	3,521.08	3,204.78	3,203.21	2,940.20

Helia 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.

Helia Group'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 )
	=	1141.351	+	2061.86
	=	3,203.2

Helia Group'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 )
	=	1061.425	+	1878.771
	=	2,940.2

Helia Group (ASX:HLI) Total Assets Explanation

Total Assets is connected with ROA %.

Helia Group'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 )
	=	194.054	/	( (3203.211	+	2940.196)	/ 2 )
	=	194.054	/	3071.7035
	=	6.32 %

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.

Helia Group'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 )
=	237.301	/	( (3203.211	+	2940.196)	/ 2 )
=	237.301	/	3071.7035
=	0.08

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.

Helia Group Total Assets Related Terms

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Helia Group Business Description

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0GI0:Germany

Address

101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.helia.com.au

Helia listed on the Australian Securities Exchange in 2014 after its US-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.