Life Insurance Nepal's Total Assets for the quarter that ended in Oct. 2024 was NPR132,768 Mil.
Warning Sign:
If a company builds assets at 18.1% a year, faster than its revenue growth rate of 8.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Life Insurance Nepal's average Total Assets Growth Rate was 19.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 17.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 18.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 25.80% per year.
During the past 13 years, Life Insurance Nepal's highest 3-Year average Total Assets Growth Rate was 43.20%. The lowest was 16.60%. And the median was 30.15%.
The historical data trend for Life Insurance Nepal'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.
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.
Life Insurance Nepal's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as
* 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.
Life Insurance Nepal (XNEP:LICN) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Oct. 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.
Life Insurance Nepal's Asset Turnover for the quarter that ended in Oct. 2024 is
* 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.
Life Insurance Nepal Total Assets Related Terms
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Life Insurance Corp Nepal Ltd is operative in the field of financial services. A joint venture between Life Insurance Corporation of India and Vishal Group of Nepal, it is one of Nepal's most capitalized insurance companies. It offers a range of life insurance products such as endowment plans, child plans, money-back plans, and services like reviving a lapsed policy, policy loans, nominations, and bonuses to policyholders. The company's majority source of revenue is through insurance premiums, which are received either by direct remittance of cheques or bank drafts.
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