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RLI (RLI) Total Assets : $5,629 Mil (As of Dec. 2024)


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What is RLI Total Assets?

RLI's Total Assets for the quarter that ended in Dec. 2024 was $5,629 Mil.

Warning Sign:

If a company builds assets at 19.2% a year, faster than its revenue growth rate of 13.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, RLI's average Total Assets Growth Rate was 106.80% per year. During the past 3 years, the average Total Assets Growth Rate was 30.40% per year. During the past 5 years, the average Total Assets Growth Rate was 19.20% per year. During the past 10 years, the average Total Assets Growth Rate was 16.20% per year.

During the past 13 years, RLI's highest 3-Year average Total Assets Growth Rate was 35.80%. The lowest was -30.50%. And the median was 10.40%.

Total Assets is connected with ROA %. RLI's annualized ROA % for the quarter that ended in Dec. 2024 was 2.86%. Total Assets is also linked to Revenue through Asset Turnover. RLI's Asset Turnover for the quarter that ended in Dec. 2024 was 0.08.


RLI Total Assets Historical Data

The historical data trend for RLI'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.

RLI Total Assets Chart

RLI Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,938.49 4,508.30 4,767.07 5,180.22 5,628.80

RLI 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 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 5,180.22 5,338.41 5,511.67 5,791.76 5,628.80

RLI 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.

RLI's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1521.967+4106.835
=5,629

RLI's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1521.967+4106.835
=5,629

* 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.


RLI  (NYSE:RLI) Total Assets Explanation

Total Assets is connected with ROA %.

RLI's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=163.44/( (5791.755+5628.802)/ 2 )
=163.44/5710.2785
=2.86 %

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

RLI's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=439.116/( (5791.755+5628.802)/ 2 )
=439.116/5710.2785
=0.08

* 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.

RLI Total Assets Related Terms

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RLI Business Description

Traded in Other Exchanges
N/A
Address
9025 North Lindbergh Drive, Peoria, IL, USA, 61615
RLI Corp underwrites property and casualty insurance through its subsidiaries. The company offers insurance coverage in the specialty admitted market, where the products are designed for special risks. It also offers products in the excess and surplus markets, which provides an alternative for customers with risks or loss exposures that generally cannot be written in the standard admitted market. RLI distributes property and casualty insurance through its wholly-owned branch offices that market to wholesale and retail producers. The company's insurance operation segments include Casualty, Property, and Surety and it derives a majority of its revenue from the Casualty segment.
Executives
Restrepo Robert P Jr director
Jordan W Graham director 210 DEVONSHIRE BOULEVARD, SAN CARLOS CA 94070-1637
David B. Duclos director 505 EAVLEVIEW BLVD, SUITE 100, EXTON PA 19341
Jennifer L Klobnak other: Sr. VP, Operations - RLI Ins. 9025 N LINDBERGH DRIVE, PEORIA IL 61615
Craig W Kliethermes other: VP, Actuarial RLI Insurance Co 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Michael E Angelina director C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVENUE, WHITE PLAINS NY 10471
Jeffrey D Fick officer: Vice President Human Resources 9025 N. LINDBERGH DRIVE, 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Michael J Stone other: President RLI Insurance Compan C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
Paul Bennett Medini director THE ACE BUILDING, 17 WOODHOURNE AVE, HAMILTON BERMUDA D0 HM 08
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Seth Anthony Davis officer: Vice President, Controller 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Debbie Sharell Roberts director 204 W. 59TH STREET, BURR RIDGE IL 60527
Kaj Ahlmann director 17945 ROSEWOOD STREET, STILWELL KS 66085
Aaron Paul Diefenthaler officer: VP, CIO 9025 N. LINDBERGH DRIVE, PEORIA IL 61615
Calvin Jr Butler director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603