Hannover Rueck SE (Hannover Rueck SE) Total Assets : $72,505 Mil (As of Dec. 2023)

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What is Hannover Rueck SE Total Assets?

Hannover Rueck SE's Total Assets for the quarter that ended in Dec. 2023 was $72,505 Mil.

During the past 12 months, Hannover Rueck SE's average Total Assets Growth Rate was 0.80% per year. During the past 3 years, the average Total Assets Growth Rate was -21.40% per year. During the past 5 years, the average Total Assets Growth Rate was -17.20% per year. During the past 10 years, the average Total Assets Growth Rate was -7.70% per year.

During the past 13 years, Hannover Rueck SE's highest 3-Year average Total Assets Growth Rate was 28.00%. The lowest was -23.60%. And the median was -1.20%.

Total Assets is connected with ROA %. Hannover Rueck SE's annualized ROA % for the quarter that ended in Dec. 2023 was 2.62%. Total Assets is also linked to Revenue through Asset Turnover. Hannover Rueck SE's Asset Turnover for the quarter that ended in Dec. 2023 was -0.25.

Hannover Rueck SE Total Assets Historical Data

The historical data trend for Hannover Rueck SE'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.

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Hannover Rueck SE Total Assets Chart

Hannover Rueck SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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79,284.89

86,906.90

70,572.88

66,694.07

72,505.23

Hannover Rueck SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															66,694.07	69,238.54	69,256.77	68,941.09	72,505.23

Hannover Rueck SE 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.

Hannover Rueck SE'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 )
	=	12016.903	+	60488.332
	=	72,505

Hannover Rueck SE's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	12016.903	+	60488.332
	=	72,505

Hannover Rueck SE (OTCPK:HVRRY) Total Assets Explanation

Total Assets is connected with ROA %.

Hannover Rueck SE's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1855.616	/	( (68941.089	+	72505.234)	/ 2 )
	=	1855.616	/	70723.1615
	=	2.62 %

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

Hannover Rueck SE's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	-17790.84	/	( (68941.089	+	72505.234)	/ 2 )
=	-17790.84	/	70723.1615
=	-0.25

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.

Hannover Rueck SE Total Assets Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hannover Rueck SE (OTCPK:HVRRY) » Definitions » Total Assets

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Traded in Other Exchanges

HNR1d:UK 0M9A:UK HNR1:Germany HNR1:Austria

Address

Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625

Website

https://www.hannover-re.com

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.