Suncorp Group (STU:SU4) Total Assets : €68,910 Mil (As of Jun. 2024)

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What is Suncorp Group Total Assets?

Suncorp Group's Total Assets for the quarter that ended in Jun. 2024 was €68,910 Mil.

During the past 12 months, Suncorp Group's average Total Assets Growth Rate was -13.90% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 1.50% per year. During the past 10 years, the average Total Assets Growth Rate was 0.90% per year.

During the past 13 years, Suncorp Group's highest 3-Year average Total Assets Growth Rate was 52.90%. The lowest was -0.90%. And the median was 10.20%.

Total Assets is connected with ROA %. Suncorp Group's annualized ROA % for the quarter that ended in Jun. 2024 was 1.12%. Total Assets is also linked to Revenue through Asset Turnover. Suncorp Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.04.

Suncorp Group Total Assets Historical Data

The historical data trend for Suncorp 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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Suncorp Group Total Assets Chart

Suncorp Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Assets

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58,675.41

61,461.25

70,719.32

71,227.72

68,910.09

Suncorp Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															70,719.32	70,184.68	71,227.72	66,785.10	68,910.09

Suncorp 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.

Suncorp Group's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	8564.566	+	60345.521
	=	68,910

Suncorp Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	8564.566	+	60345.521
	=	68,910

Suncorp Group (STU:SU4) Total Assets Explanation

Total Assets is connected with ROA %.

Suncorp Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	758.746	/	( (66785.098	+	68910.086)	/ 2 )
	=	758.746	/	67847.592
	=	1.12 %

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

Suncorp Group's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	2822.161	/	( (66785.098	+	68910.086)	/ 2 )
=	2822.161	/	67847.592
=	0.04

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.

Suncorp Group Total Assets Related Terms

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Suncorp Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Suncorp Group Ltd (STU:SU4) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

SNMYF:USA SNMCY:USA SUNPI.PFD:Australia SUNPH.PFD:Australia SUNPG.PFD:Australia SUN:Australia

Address

80 Ann Street, Level 23, Heritage Lanes, Brisbane, QLD, AUS, 4000

Website

https://www.suncorpgroup.com.au

Suncorp provides general insurance through a number of different brands. The core businesses include personal insurance such as home and motor, and commercial insurance. Suncorp and competitors IAG Insurance and QBE Insurance dominate the Australian and New Zealand insurance markets. It sold its banking business to ANZ Bank in July 2024.

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