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Corebridge Financial (FRA:AS5) Total Assets : €359,879 Mil (As of Sep. 2024)


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What is Corebridge Financial Total Assets?

Corebridge Financial's Total Assets for the quarter that ended in Sep. 2024 was €359,879 Mil.

During the past 12 months, Corebridge Financial's average Total Assets Growth Rate was 67.60% per year. During the past 3 years, the average Total Assets Growth Rate was 0.90% per year.

During the past 5 years, Corebridge Financial's highest 3-Year average Total Assets Growth Rate was 0.90%. The lowest was 0.90%. And the median was 0.90%.

Total Assets is connected with ROA %. Corebridge Financial's annualized ROA % for the quarter that ended in Sep. 2024 was -1.19%. Total Assets is also linked to Revenue through Asset Turnover. Corebridge Financial's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.


Corebridge Financial Total Assets Historical Data

The historical data trend for Corebridge Financial'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.

Corebridge Financial Total Assets Chart

Corebridge Financial Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
- 337,147.41 368,347.62 340,143.97 347,790.59

Corebridge Financial Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 333,189.70 347,790.59 354,740.96 355,335.07 359,879.22

Corebridge Financial 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.

Corebridge Financial'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 )
=11586.295+336204.295
=347,791

Corebridge Financial's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=13012.242+346866.98
=359,879

* 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.


Corebridge Financial  (FRA:AS5) Total Assets Explanation

Total Assets is connected with ROA %.

Corebridge Financial's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-4267.136/( (355335.068+359879.222)/ 2 )
=-4267.136/357607.145
=-1.19 %

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

Corebridge Financial's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1825.426/( (355335.068+359879.222)/ 2 )
=1825.426/357607.145
=0.01

* 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.

Corebridge Financial Total Assets Related Terms

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Corebridge Financial Business Description

Traded in Other Exchanges
Address
2919 Allen Parkway, Woodson Tower, Houston, TX, USA, 77019
Corebridge Financial Inc provides retirement solutions and insurance products in the United States. It offers a broad set of products and services through five segments namely Individual Retirement, Group Retirement, Life Insurance, Institutional Markets businesses, Corporate and Other. The majority of its revenue derives from the Individual Retirement segment.

Corebridge Financial Headlines

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