Sabre Insurance Group (CHIX:SBREL) Total Assets : £672.1 Mil (As of Jun. 2024)

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What is Sabre Insurance Group Total Assets?

Sabre Insurance Group's Total Assets for the quarter that ended in Jun. 2024 was £672.1 Mil.

During the past 12 months, Sabre Insurance Group's average Total Assets Growth Rate was 12.60% per year. During the past 3 years, the average Total Assets Growth Rate was 2.10% per year. During the past 5 years, the average Total Assets Growth Rate was -11.30% per year.

During the past 8 years, Sabre Insurance Group's highest 3-Year average Total Assets Growth Rate was 4.20%. The lowest was -18.90%. And the median was -2.50%.

Total Assets is connected with ROA %. Sabre Insurance Group's annualized ROA % for the quarter that ended in Jun. 2024 was 4.64%. Total Assets is also linked to Revenue through Asset Turnover. Sabre Insurance Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.16.

Sabre Insurance Group Total Assets Historical Data

The historical data trend for Sabre Insurance 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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Sabre Insurance Group Total Assets Chart

Sabre Insurance Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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598.22

594.84

576.24

549.82

630.14

Sabre Insurance Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial											571.55	549.82	563.42	630.14	672.11

Sabre Insurance 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.

Sabre Insurance 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 )
	=	242.412	+	387.726
	=	630.1

Sabre Insurance 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 )
	=	239.066	+	433.048
	=	672.1

Sabre Insurance Group (CHIX:SBREl) Total Assets Explanation

Total Assets is connected with ROA %.

Sabre Insurance 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 )
	=	30.212	/	( (630.138	+	672.114)	/ 2 )
	=	30.212	/	651.126
	=	4.64 %

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.

Sabre Insurance 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 )
=	107.019	/	( (630.138	+	672.114)	/ 2 )
=	107.019	/	651.126
=	0.16

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.

Sabre Insurance Group Total Assets Related Terms

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Sabre Insurance Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sabre Insurance Group PLC (CHIX:SBREl) » Definitions » Total Assets

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SBRE:UK

Address

150 South Street, Sabre House, Dorking, Surrey, GBR, RH4 2YY

Website

https://www.sabreplc.co.uk

Sabre Insurance Group PLC is a company operating in the insurance sector. The company is an insurer selling car insurance through brokers and directly. It offers car insurance under the Sabre name and also under the Go Girl, Insure 2 Drive, and Drive Smart brands. Its product offering includes nonstandard car insurance, reduced commission insurance, commercial vehicle insurance, and taxi insurance, among others.

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