HALLQ (Hallmark Financial Services) Total Assets: $1,092.9 Mil (As of Sep. 2023)


HALLQ Hallmark Financial Services Inc HALLQ
16 GF Score
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What is Hallmark Financial Services Total Assets?

Hallmark Financial Services HALLQ 16 Total Assets is $1,092.9 Mil as of Sep. 2023. GuruFocus rates HALLQ with a GF Score™ of 16/100.

Hallmark Financial Services's Total Assets for the quarter that ended in Sep. 2023 was $1,092.9 Mil.

Total Assets is connected with ROA %. Hallmark Financial Services's annualized ROA % for the quarter that ended in Sep. 2023 was -7.35%. Total Assets is also linked to Revenue through Asset Turnover. Hallmark Financial Services's Asset Turnover for the quarter that ended in Sep. 2023 was 0.04.


Hallmark Financial Services  (OTCPK:HALLQ) Total Assets Explanation

Total Assets is connected with ROA %.

Hallmark Financial Services's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-86.032/( (1249.348+1092.922)/ 2 )
=-86.032/1171.135
=-7.35 %

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.

Hallmark Financial Services's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=41.899/( (1249.348+1092.922)/ 2 )
=41.899/1171.135
=0.04

* 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.

Hallmark Financial Services Total Assets Related Terms


Hallmark Financial Services Total Assets Historical Data

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The historical data trend for Hallmark Financial Services'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.

Hallmark Financial Services Total Assets Chart

Hallmark Financial Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,264.89 1,495.27 1,496.72 1,553.60 1,536.70

Hallmark Financial Services Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,482.01 1,536.70 1,470.27 1,249.35 1,092.92
HALLQ
16GF Score
Hallmark Financial Services Inc HALLQ
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Hallmark Financial Services 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.

Hallmark Financial Services's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=60.294+1476.408
=1,536.7

Hallmark Financial Services's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=-7.768+1100.69
=1,092.9

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $1,092.9 Mil mean?
Hallmark Financial Services (HALLQ) has a Total Assets of $1,092.9 Mil as of Sep. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Hallmark Financial Services and its competitors.
Is Hallmark Financial Services' Total Assets too high?
Hallmark Financial Services' current Total Assets is $1,092.9 Mil. Overall, Hallmark Financial Services has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Hallmark Financial Services' Total Assets compare to DTI and RES?
Hallmark Financial Services' Total Assets of $1,092.9 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Insurance company?
A good Total Assets depends on the Insurance industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Hallmark Financial Services and its competitors. Hallmark Financial Services's current Total Assets is $1,092.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hallmark Financial Services stock overvalued right now?
Hallmark Financial Services (HALLQ) has a current Total Assets of $1,092.9 Mil. The current Total Assets is $1,092.9 Mil. Hallmark Financial Services' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Hallmark Financial Services (HALLQ), the current Total Assets is $1,092.9 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hallmark Financial Services Business Description

Address 5420 Lyndon B. Johnson Freeway, Suite 1100, Two Lincoln Centre, Dallas, TX, USA, 75240
Hallmark Financial Services Inc is an insurance holding company, which is engaged in the sale of property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting, and servicing insurance products, as well as providing other insurance-related services. The company operates in segments such as Standard Commercial Segment, Specialty Commercial Segment, and Personal Segment. Geographically, it operates through the region of United States and derives a majority of its revenue from Specialty Commercial Segment, which includes Commercial Auto business unit, E&S Casualty business unit, E&S Property business unit, Professional Liability business unit, and Aerospace & Programs business unit.
16GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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