Mutual Benefits Assurance (NSA:MBAS) Total Assets: ₦116,659.07 Mil (As of Dec. 2025)


NSA:MBAS Mutual Benefits Assurance PLC NSA:MBAS
59 GF Score
Price ₦3.84
GF Value ₦2.25
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Mutual Benefits Assurance Total Assets?

Mutual Benefits Assurance NSA:MBAS +5.21% 59 Total Assets is ₦116,659.07 Mil as of Dec. 2025. GuruFocus rates NSA:MBAS with a GF Score™ of 59/100 and a GF Value™ of ₦2.25 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Mutual Benefits Assurance's Total Assets for the quarter that ended in Dec. 2025 was ₦116,659.07 Mil.

During the past 12 months, Mutual Benefits Assurance's average Total Assets Growth Rate was 31.80% per year. During the past 3 years, the average Total Assets Growth Rate was 7.30% per year. During the past 5 years, the average Total Assets Growth Rate was 3.70% per year. During the past 10 years, the average Total Assets Growth Rate was 10.40% per year.

During the past 11 years, Mutual Benefits Assurance's highest 3-Year average Total Assets Growth Rate was 29.80%. The lowest was 0.00%. And the median was 8.20%.

Total Assets is connected with ROA %. Mutual Benefits Assurance's annualized ROA % for the quarter that ended in Dec. 2025 was -23.79%. Total Assets is also linked to Revenue through Asset Turnover. Mutual Benefits Assurance's Asset Turnover for the quarter that ended in Dec. 2025 was -0.23.


Mutual Benefits Assurance  (NSA:MBAS) Total Assets Explanation

Total Assets is connected with ROA %.

Mutual Benefits Assurance's annualized ROA % for the quarter that ended in Dec. 2025 is

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-33912.232/( (168467.799+116659.069)/ 2 )
=-33912.232/142563.434
=-23.79 %

Note: The Net Income data used here is four times the quarterly (Dec. 2025) 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.

Mutual Benefits Assurance's Asset Turnover for the quarter that ended in Dec. 2025 is

Asset Turnover
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Sep. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-32571.154/( (168467.799+116659.069)/ 2 )
=-32571.154/142563.434
=-0.23

* 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.

Mutual Benefits Assurance Total Assets Related Terms


Mutual Benefits Assurance Total Assets Historical Data

* Premium members only.

The historical data trend for Mutual Benefits Assurance'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.

Mutual Benefits Assurance Total Assets Chart

Mutual Benefits Assurance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83,780.34 92,952.89 110,458.64 98,603.56 116,659.07

Mutual Benefits Assurance Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Sep24 Dec24 Jun25 Sep25 Dec25
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 0.00 98,603.56 164,215.44 168,467.80 116,659.07
NSA:MBAS
59GF Score
Mutual Benefits Assurance PLC NSA:MBAS
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Mutual Benefits Assurance 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.

Mutual Benefits Assurance's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=41854.045+74805.024
=116,659.07

Mutual Benefits Assurance's Total Assets for the quarter that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (Q: Dec. 2025 )+Total Liabilities (Q: Dec. 2025 )
=41854.045+74805.024
=116,659.07

* 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 ₦116,659.07 Mil mean?
Mutual Benefits Assurance (NSA:MBAS) has a Total Assets of ₦116,659.07 Mil as of Dec. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Mutual Benefits Assurance and its competitors.
Is Mutual Benefits Assurance's Total Assets too high?
Mutual Benefits Assurance's current Total Assets is ₦116,659.07 Mil. Overall, Mutual Benefits Assurance has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mutual Benefits Assurance's Total Assets compare to BRK.A and AIG?
Mutual Benefits Assurance's Total Assets of ₦116,659.07 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 Mutual Benefits Assurance and its competitors. Mutual Benefits Assurance's current Total Assets is ₦116,659.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mutual Benefits Assurance stock overvalued right now?
Based on GuruFocus' analysis, Mutual Benefits Assurance (NSA:MBAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.25, compared to a current price of ₦3.84 — trading 70.7% above its estimated fair value. The current Total Assets is ₦116,659.07 Mil. Mutual Benefits Assurance's overall GF Score™ is 59/100 with 1 warning sign to review. 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 Mutual Benefits Assurance (NSA:MBAS), the current Total Assets is ₦116,659.07 Mil as of Dec. 2025. 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.

Is Mutual Benefits Assurance (NSA:MBAS) Overvalued in 2026?

Based on GuruFocus' analysis, Mutual Benefits Assurance stock appears to be overvalued. The current stock price of ₦3.84 is trading 70.7% above its estimated GF Value™ of ₦2.25. GuruFocus considers Mutual Benefits Assurance to be Significantly Overvalued.

Key valuation signals for NSA:MBAS:

  • Total Assets: ₦116,659.07 Mil
  • GF Value™: ₦2.25 vs. price of ₦3.84 (70.7% above fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the NSA:MBAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mutual Benefits Assurance Business Description

Address 233 Ikorodu Road, Aret Adams House, Ilupeju, Lagos, NGA
Mutual Benefits Assurance PLC is a financial and wealth protection company in Nigeria. The principal objective of the Company is to render qualitative life related insurance & risks management services. It is a premium provider of life insurance, annuity and investment products and services. It has four reportable operating segments; assurance business, real estate, microfinance bank, and oil and gas exploration and production. The majority of revenue comes from Assurance business which covers the protection of customers' assets (Particularly their properties, both for personal and commercial business) and indemnification of other parties that have suffered damage as a result of customers accident. It has presence in Nigeria, and Liberia.
59GF Score

Get the complete analysis for NSA:MBAS

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

₦3.84
Price
₦2.25
GF Value