Porch Group (STU:32RD) Total Assets : €777.3 Mil (As of Dec. 2024)

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What is Porch Group Total Assets?

Porch Group's Total Assets for the quarter that ended in Dec. 2024 was €777.3 Mil.

Warning Sign:

If a company builds assets at 75.6% a year, faster than its revenue growth rate of 34.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Porch Group's average Total Assets Growth Rate was 2.80% per year. During the past 3 years, the average Total Assets Growth Rate was -4.50% per year. During the past 5 years, the average Total Assets Growth Rate was 75.60% per year.

During the past 6 years, Porch Group's highest 3-Year average Total Assets Growth Rate was 162.10%. The lowest was -4.50%. And the median was 103.00%.

Total Assets is connected with ROA %. Porch Group's annualized ROA % for the quarter that ended in Dec. 2024 was 14.94%. Total Assets is also linked to Revenue through Asset Turnover. Porch Group's Asset Turnover for the quarter that ended in Dec. 2024 was 0.12.

Porch Group Total Assets Historical Data

The historical data trend for Porch Group'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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Porch Group Total Assets Chart

Porch Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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220.61

919.29

990.31

824.74

777.34

Porch Group 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															824.74	810.62	813.90	781.41	777.34

Porch Group 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.

Porch Group'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 )
	=	-41.28	+	818.619
	=	777.3

Porch Group'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 )
	=	-41.28	+	818.619
	=	777.3

Porch Group (STU:32RD) Total Assets Explanation

Total Assets is connected with ROA %.

Porch Group'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 )
	=	116.412	/	( (781.405	+	777.339)	/ 2 )
	=	116.412	/	779.372
	=	14.94 %

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.

Porch Group'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 )
=	95.845	/	( (781.405	+	777.339)	/ 2 )
=	95.845	/	779.372
=	0.12

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.

Porch Group Total Assets Related Terms

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Porch Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Porch Group Inc (STU:32RD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

PRCH:USA 32RD:Germany

Address

411 1st Avenue South, Suite 501, Seattle, WA, USA, 98104

Website

https://porch.com

Porch Group Inc is a vertical software company reinventing the home services and insurance industries. It has two reportable segments: The vertical Software segment provides software and services to home services companies. The Vertical Software segment software and services provide inspection, mortgage, and title companies on a subscription and transactional basis, several key businesses, including inspection software and services, title insurance software, mortgage software, moving services, mover and homeowner marketing, and measurement software for roofers. The insurance segment provides consumers with insurance and warranty products to protect their homes, earning revenue through premiums collected on policies, policy fees, and commissions. Majority revenue is from Insurance segment.

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