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GLRE (Greenlight Capital Re) Total Assets : $2,001.7 Mil (As of Sep. 2024)


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What is Greenlight Capital Re Total Assets?

Greenlight Capital Re's Total Assets for the quarter that ended in Sep. 2024 was $2,001.7 Mil.

During the past 12 months, Greenlight Capital Re's average Total Assets Growth Rate was 14.60% per year. During the past 3 years, the average Total Assets Growth Rate was 7.70% per year. During the past 5 years, the average Total Assets Growth Rate was 3.80% per year. During the past 10 years, the average Total Assets Growth Rate was -8.60% per year.

During the past 13 years, Greenlight Capital Re's highest 3-Year average Total Assets Growth Rate was 54.30%. The lowest was -26.00%. And the median was 6.40%.

Total Assets is connected with ROA %. Greenlight Capital Re's annualized ROA % for the quarter that ended in Sep. 2024 was 7.23%. Total Assets is also linked to Revenue through Asset Turnover. Greenlight Capital Re's Asset Turnover for the quarter that ended in Sep. 2024 was 0.09.


Greenlight Capital Re Total Assets Historical Data

The historical data trend for Greenlight Capital Re'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.

Greenlight Capital Re Total Assets Chart

Greenlight Capital Re Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,355.19 1,357.65 1,427.49 1,580.38 1,735.31

Greenlight Capital Re Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 1,739.63 1,735.31 1,876.97 1,899.95 2,001.69

Greenlight Capital Re 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.

Greenlight Capital Re'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 )
=596.095+1139.212
=1,735.3

Greenlight Capital Re'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 )
=663.418+1338.268
=2,001.7

* 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.


Greenlight Capital Re  (NAS:GLRE) Total Assets Explanation

Total Assets is connected with ROA %.

Greenlight Capital Re'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 )
=140.948/( (1899.948+2001.686)/ 2 )
=140.948/1950.817
=7.23 %

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.

Greenlight Capital Re'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 )
=168.164/( (1899.948+2001.686)/ 2 )
=168.164/1950.817
=0.09

* 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.

Greenlight Capital Re Total Assets Related Terms

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


Greenlight Capital Re Business Description

Traded in Other Exchanges
Address
65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments.
Executives
Ian Isaacs director 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110,, GRAND CAYMAN, E9 E9 KY1-1205
David Einhorn director, 10 percent owner 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
David Sigmon officer: General Counsel 65 MARKET ST., SUITE 1207, JASMINE CT, CAMANA BAY, P.O. BOX 31110, GRAND CAYMAN E9 KY1-1205
Brian Joseph Oreilly officer: Head of Innovations 65 MARKET ST., SUITE 1207, JASMINE COURT, CAMANA BAY, P.O. BOX 3111, GRAND CAYMAN E9 KY1-1205
Richard Paul Strommer officer: Chief Actuary GREENLIGHT REINSURANCE, LTD., 65 MARKET ST., SUITE 1207, JASMINE COURT, CAMANA BAY, GRAND CAYMAN E9 KY1-1205
Johnny Ferrari director PO BOX 493, GEORGE TOWN E9 KY1 1106
Victoria W Guest director RAM RE HOUSE, 46 REID STREET, HAMILTON D0 HM 12
Ursuline F Foley director 239 WASHINGTON STREET, JERSEY CITY NJ 07302
Daniel Roitman other: Alternate Director 140 EAST 45TH STREET, 24TH FLOOR, NEW YORK NY 10017
Faramarz Romer officer: Reporting & Compliance Officer 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110, GRAND CAYMAN, E9 E9 KY1-1205
Neil W Greenspan officer: Chief Accounting Officer C/O MONTPELIER RE HOLDINGS LTD., MINTFLOWER PLACE 8 PAR-LA-VILLE ROAD, HAMILTON D0 HM 08
Thomas James Curnock officer: Chief Risk Officer 65 MARKET STREET, SUITE 1207, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205
Leonard R Goldberg director, officer: Chief Executive Officer 802 WEST BAY ROAD, THE GRAND PAVILION, P.O. BOX 31110, GRAND CAYMAN E9 KY1-1205
Barry Brendan officer: Chief Underwriting Officer 65 MARKET STREET, SUITE 1207,, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205
Laura Accurso officer: GENERAL COUNSEL 65 MARKET STREET, SUITE 1207, CAMANA BAY, P.O. BOX 31110, GEORGE TOWN E9 KY11205