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Gerova Financial Group (Gerova Financial Group) Total Assets : $115.65 Mil (As of Jun. 2009)


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What is Gerova Financial Group Total Assets?

Gerova Financial Group's Total Assets for the quarter that ended in Jun. 2009 was $115.65 Mil.

Total Assets is connected with ROA %. Gerova Financial Group's annualized ROA % for the quarter that ended in Jun. 2009 was -3.23%. Total Assets is also linked to Revenue through Asset Turnover. Gerova Financial Group's Asset Turnover for the quarter that ended in Jun. 2009 was 0.00.


Gerova Financial Group Total Assets Historical Data

The historical data trend for Gerova Financial 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.

* Premium members only.

Gerova Financial Group Total Assets Chart

Gerova Financial Group Annual Data
Trend Dec07 Dec08 Dec09
Total Assets
1.04 115.89 116.09

Gerova Financial Group Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Dec09
Total Assets Get a 7-Day Free Trial Premium Member Only 115.31 115.89 115.98 115.65 116.09

Gerova Financial 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.

Gerova Financial Group's Total Assets for the fiscal year that ended in Dec. 2009 is calculated as

Total Assets=Total Equity (A: Dec. 2009 )+Total Liabilities (A: Dec. 2009 )
=71.498+44.59
=116.09

Gerova Financial Group's Total Assets for the quarter that ended in Jun. 2009 is calculated as

Total Assets=Total Equity (Q: Jun. 2009 )+Total Liabilities (Q: Jun. 2009 )
=69.659+45.987
=115.65

* 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.


Gerova Financial Group  (OTCPK:GVFG) Total Assets Explanation

Total Assets is connected with ROA %.

Gerova Financial Group's annualized ROA % for the quarter that ended in Jun. 2009 is

ROA %=Net Income (Q: Jun. 2009 )/( (Total Assets (Q: Mar. 2009 )+Total Assets (Q: Jun. 2009 ))/ count )
=-3.744/( (115.983+115.646)/ 2 )
=-3.744/115.8145
=-3.23 %

Note: The Net Income data used here is four times the quarterly (Jun. 2009) 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.

Gerova Financial Group's Asset Turnover for the quarter that ended in Jun. 2009 is

Asset Turnover
=Revenue (Q: Jun. 2009 )/( (Total Assets (Q: Mar. 2009 )+Total Assets (Q: Jun. 2009 ))/ count )
=0/( (115.983+115.646)/ 2 )
=0/115.8145
=0.00

* 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.

Gerova Financial Group Total Assets Related Terms

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Gerova Financial Group (Gerova Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
Cumberland House, 5th Floor, 1 Victoria Street, Hamilton, BMU, HM 11
Website
Gerova Financial Group Ltd is an international reinsurance company focused on the life and annuity reinsurance markets, in addition to a niche property and causality business.

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