LifeStar Insurance (MAL:LSI) Total Assets : €170.49 Mil (As of Jun. 2023)

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What is LifeStar Insurance Total Assets?

LifeStar Insurance's Total Assets for the quarter that ended in Jun. 2023 was €170.49 Mil.

During the past 12 months, LifeStar Insurance's average Total Assets Growth Rate was 8.20% per year.

Total Assets is connected with ROA %. LifeStar Insurance's annualized ROA % for the quarter that ended in Jun. 2023 was 1.01%. Total Assets is also linked to Revenue through Asset Turnover. LifeStar Insurance's Asset Turnover for the quarter that ended in Jun. 2023 was 0.01.

LifeStar Insurance Total Assets Historical Data

The historical data trend for LifeStar Insurance'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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LifeStar Insurance Total Assets Chart

LifeStar Insurance Annual Data

Trend

Dec20

Dec21

Dec22

Total Assets

161.96

171.99

164.09

LifeStar Insurance Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial			174.32	171.99	162.33	164.09	170.49

LifeStar Insurance 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.

LifeStar Insurance'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 )
	=	30.33	+	133.76
	=	164.09

LifeStar Insurance's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	31.808	+	138.682
	=	170.49

LifeStar Insurance (MAL:LSI) Total Assets Explanation

Total Assets is connected with ROA %.

LifeStar Insurance's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	1.692	/	( (164.09	+	170.49)	/ 2 )
	=	1.692	/	167.29
	=	1.01 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

LifeStar Insurance's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	2.065	/	( (164.09	+	170.49)	/ 2 )
=	2.065	/	167.29
=	0.01

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.

LifeStar Insurance Total Assets Related Terms

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LifeStar Insurance (MAL:LSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » LifeStar Insurance PLC (MAL:LSI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Testaferrata Street, Ta’Xbiex, MLT, XBX 1403

Website

https://www.lifestarinsurance.com

LifeStar Insurance PLC is a provider of insurance products in Malta offering customers a comprehensive range of protection, savings and investment and retirement life insurance products. Its products are classified under Protection, Savings and Investment, Retirement, and Health products.