Ceylinco Insurance's Total Assets for the quarter that ended in Sep. 2023 was රු293,778 Mil.
Warning Sign:
If a company builds assets at 13.6% a year, faster than its revenue growth rate of 10.4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Ceylinco Insurance's average Total Assets Growth Rate was 11.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 14.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.60% per year.
During the past 8 years, Ceylinco Insurance's highest 3-Year average Total Assets Growth Rate was 15.00%. The lowest was 11.10%. And the median was 13.30%.
The historical data trend for Ceylinco 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.
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.
Ceylinco Insurance's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as
* 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.
Ceylinco Insurance (COL:CINS.X0000) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Sep. 2023) 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.
Ceylinco Insurance's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
Ceylinco Insurance Total Assets Related Terms
Thank you for viewing the detailed overview of Ceylinco Insurance's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Ceylinco Insurance (COL:CINS.X0000) Business Description
Ceylinco Insurance PLC is engaged in seven business segments. The Life Insurance segment, which is the key revenue driver, offers whole-life products, term products, universal life products, and mortgage protection products. The Non-Life Insurance segment includes motor, fire, engineering, marine, and miscellaneous. The Healthcare segment includes a center for Cancer screening, Radiation treatment units, and a Diabetes center. The Maldives Foreign operations include non-life insurance products in Maldives. The Education Services segment includes primary, secondary, and high education courses. The Power generation segment generates and distributes hydropower to the national grid. Other segment includes investment holding, associate business, investment management & hotel services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
COL:CINS.X0000 has been successfully added to your 