IGIC (International General Insurance Holdings) Total Assets : $2,009.9 Mil (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is International General Insurance Holdings Total Assets?

International General Insurance Holdings's Total Assets for the quarter that ended in Sep. 2024 was $2,009.9 Mil.

During the past 12 months, International General Insurance Holdings's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 28.10% per year. During the past 5 years, the average Total Assets Growth Rate was 18.40% per year.

During the past 8 years, International General Insurance Holdings's highest 3-Year average Total Assets Growth Rate was 28.10%. The lowest was 2.80%. And the median was 25.40%.

Total Assets is connected with ROA %. International General Insurance Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was 6.96%. Total Assets is also linked to Revenue through Asset Turnover. International General Insurance Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

International General Insurance Holdings Total Assets Historical Data

The historical data trend for International General Insurance Holdings'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.

International General Insurance Holdings Total Assets Chart

International General Insurance Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

Get a 7-Day Free Trial

1,279.21

1,451.73

1,580.03

1,837.90

2,037.60

International General Insurance Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															1,837.90	1,879.90	1,958.35	2,009.90	2,037.60

International General Insurance Holdings 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.

International General Insurance Holdings'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 )
	=	540.43	+	1297.47
	=	1,837.9

International General Insurance Holdings'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 )
	=	651.6	+	1358.3
	=	2,009.9

International General Insurance Holdings (NAS:IGIC) Total Assets Explanation

Total Assets is connected with ROA %.

International General Insurance Holdings'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 )
	=	138	/	( (1958.35	+	2009.9)	/ 2 )
	=	138	/	1984.125
	=	6.96 %

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.

International General Insurance Holdings'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 )
=	145	/	( (1958.35	+	2009.9)	/ 2 )
=	145	/	1984.125
=	0.07

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.

International General Insurance Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of International General Insurance Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

International General Insurance Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » International General Insurance Holdings Ltd (NAS:IGIC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

74 Abdel Hamid Sharaf Street, P.O. Box 941428, Amman, JOR, 11194

Website

https://www.iginsure.com

International General Insurance Holdings Ltd is an international specialist commercial insurer and a reinsurer, underwriting a diverse portfolio of specialty lines. The company operates in a portfolio of Energy, Property, Construction, Engineering, Ports and terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors and Officers, Political Violence, Forestry, and Treaty Reinsurance. Its operating segment includes Specialty Longtail; Specialty Short tail and Reinsurance.