GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » General Insurance Corp of India (BOM:540755) » Definitions » Total Assets

General Insurance of India (BOM:540755) Total Assets : ₹1,961,603 Mil (As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is General Insurance of India Total Assets?

General Insurance of India's Total Assets for the quarter that ended in Dec. 2024 was ₹1,961,603 Mil.

During the past 3 years, the average Total Assets Growth Rate was 9.60% per year. During the past 5 years, the average Total Assets Growth Rate was 8.80% per year. During the past 10 years, the average Total Assets Growth Rate was 10.40% per year.

During the past 11 years, General Insurance of India's highest 3-Year average Total Assets Growth Rate was 17.30%. The lowest was 6.60%. And the median was 10.10%.

Total Assets is connected with ROA %. General Insurance of India's annualized ROA % for the quarter that ended in Dec. 2024 was 3.37%. Total Assets is also linked to Revenue through Asset Turnover. General Insurance of India's Asset Turnover for the quarter that ended in Dec. 2024 was 0.06.


General Insurance of India Total Assets Historical Data

The historical data trend for General Insurance of India'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.

General Insurance of India Total Assets Chart

General Insurance of India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,205,811.93 1,402,646.36 1,518,405.46 1,627,307.40 1,844,522.42

General Insurance of India Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial 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 - 1,844,522.42 1,929,375.60 2,014,711.50 1,961,602.90

General Insurance of India 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.

General Insurance of India's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=552565.548+1291956.87
=1,844,522

General Insurance of India's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=595809.6+1365793.3
=1,961,603

* 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.


General Insurance of India  (BOM:540755) Total Assets Explanation

Total Assets is connected with ROA %.

General Insurance of India's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=67064.8/( (2014711.5+1961602.9)/ 2 )
=67064.8/1988157.2
=3.37 %

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

General Insurance of India's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=113739.5/( (2014711.5+1961602.9)/ 2 )
=113739.5/1988157.2
=0.06

* 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.

General Insurance of India Total Assets Related Terms

Thank you for viewing the detailed overview of General Insurance of India's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


General Insurance of India Business Description

Traded in Other Exchanges
Address
170, Jamshedji Tata Road, Suraksha, Churchgate, Mumbai, MH, IND, 400020
General Insurance Corp of India is a reinsurance company. It provides reinsurance for business lines including fire (property), marine, motor, engineering, agriculture, aviation/space, health, liability, credit, and financial and life insurance. Geographically, the business activities of the groups are carried out through the region of India.

General Insurance of India Headlines

No Headlines