AVI (Advantage Insurance) Total Assets: $1,478.28 Mil (As of Sep. 2017)


What is Advantage Insurance Total Assets?

Advantage Insurance AVI Total Assets is $1,478.28 Mil as of Sep. 2017.

Advantage Insurance's Total Assets for the quarter that ended in Sep. 2017 was $1,478.28 Mil.

Total Assets is connected with ROA %. Advantage Insurance's annualized ROA % for the quarter that ended in Sep. 2017 was -0.08%. Total Assets is also linked to Revenue through Asset Turnover. Advantage Insurance's Asset Turnover for the quarter that ended in Sep. 2017 was 0.00.

Advantage Insurance  (NYSE:AVI) Total Assets Explanation

Total Assets is connected with ROA %.

Advantage Insurance's annualized ROA % for the quarter that ended in Sep. 2017 is

ROA %=Net Income (Q: Sep. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Sep. 2017 ))/ count )
=-1.092/( (1253.737+1478.278)/ 2 )
=-1.092/1366.0075
=-0.08 %

Note: The Net Income data used here is one times the annual (Sep. 2017) 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.

Advantage Insurance's Asset Turnover for the quarter that ended in Sep. 2017 is

Asset Turnover
=Revenue (Q: Sep. 2017 )/( (Total Assets (Q: Dec. 2016 )+Total Assets (Q: Sep. 2017 ))/ count )
=4.95/( (1253.737+1478.278)/ 2 )
=4.95/1366.0075
=0.00

* 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.

Advantage Insurance Total Assets Related Terms

Advantage Insurance Total Assets Historical Data

* Premium members only.

The historical data trend for Advantage Insurance'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.

Advantage Insurance Total Assets Chart

Advantage Insurance Annual Data
Trend Dec15 Dec16
Total Assets
435.28 1,253.74

Advantage Insurance Semi-Annual Data
Dec15 Sep16 Dec16 Sep17
Total Assets 435.28 0.00 1,253.74 1,478.28

Advantage Insurance 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.

Advantage Insurance's Total Assets for the fiscal year that ended in Dec. 2016 is calculated as

Total Assets=Total Equity (A: Dec. 2016 )+Total Liabilities (A: Dec. 2016 )
=93.513+1160.224
=1,253.74

Advantage Insurance's Total Assets for the quarter that ended in Sep. 2017 is calculated as

Total Assets=Total Equity (Q: Sep. 2017 )+Total Liabilities (Q: Sep. 2017 )
=93.261+1385.017
=1,478.28

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1,478.28 Mil mean?
Advantage Insurance (AVI) has a Total Assets of $1,478.28 Mil as of Sep. 2017. The total amount of assets as recorded on a company's balance sheet. View historical data on Advantage Insurance and its competitors.
Is Advantage Insurance's Total Assets too high?
Advantage Insurance's current Total Assets is $1,478.28 Mil.
How does Advantage Insurance's Total Assets compare to ?
Advantage Insurance's Total Assets of $1,478.28 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Insurance company?
A good Total Assets depends on the Insurance industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Advantage Insurance and its competitors. Advantage Insurance's current Total Assets is $1,478.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Insurance stock overvalued right now?
Advantage Insurance (AVI) has a current Total Assets of $1,478.28 Mil. The current Total Assets is $1,478.28 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Advantage Insurance (AVI), the current Total Assets is $1,478.28 Mil as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Advantage Insurance Business Description

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