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Arch Capital Group (Arch Capital Group) Asset Turnover : 0.07 (As of Dec. 2023)


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What is Arch Capital Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Arch Capital Group's Revenue for the three months ended in Dec. 2023 was $3,787 Mil. Arch Capital Group's Total Assets for the quarter that ended in Dec. 2023 was $57,067 Mil. Therefore, Arch Capital Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Asset Turnover is linked to ROE % through Du Pont Formula. Arch Capital Group's annualized ROE % for the quarter that ended in Dec. 2023 was 55.58%. It is also linked to ROA % through Du Pont Formula. Arch Capital Group's annualized ROA % for the quarter that ended in Dec. 2023 was 16.36%.


Arch Capital Group Asset Turnover Historical Data

The historical data trend for Arch Capital Group's Asset Turnover 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.

Arch Capital Group Asset Turnover Chart

Arch Capital Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.20 0.20 0.21 0.25

Arch Capital Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Asset Turnover 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 0.06 0.06 0.06 0.06 0.07

Competitive Comparison of Arch Capital Group's Asset Turnover

For the Insurance - Diversified subindustry, Arch Capital Group's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Arch Capital Group's Asset Turnover Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Arch Capital Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Arch Capital Group's Asset Turnover falls into.



Arch Capital Group Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Arch Capital Group's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=13294/( (47990+58906)/ 2 )
=13294/53448
=0.25

Arch Capital Group's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=3787/( (55227+58906)/ 2 )
=3787/57066.5
=0.07

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Arch Capital Group  (NAS:ACGL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Arch Capital Group's annulized ROE % for the quarter that ended in Dec. 2023 is

ROE %**(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=9336/16796
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9336 / 15148)*(15148 / 57066.5)*(57066.5/ 16796)
=Net Margin %*Asset Turnover*Equity Multiplier
=61.63 %*0.2654*3.3976
=ROA %*Equity Multiplier
=16.36 %*3.3976
=55.58 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Arch Capital Group's annulized ROA % for the quarter that ended in Dec. 2023 is

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=9336/57066.5
=(Net Income / Revenue)*(Revenue / Total Assets)
=(9336 / 15148)*(15148 / 57066.5)
=Net Margin %*Asset Turnover
=61.63 %*0.2654
=16.36 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.


Be Aware

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.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Arch Capital Group Asset Turnover Related Terms

Thank you for viewing the detailed overview of Arch Capital Group's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Arch Capital Group (Arch Capital Group) Business Description

Address
100 Pitts Bay Road, Waterloo House, Ground Floor, Pembroke, BMU, HM 08
Arch Capital Group Ltd is a Bermuda company which writes insurance and reinsurance with operations in Bermuda, the United States, Canada, Europe, Australia and South Africa. The business operates through three segments: insurance, reinsurance, and mortgage. The insurance segment provides specialty risk solutions to clients worldwide across a variety of industries. The reinsurance segment provides reinsurance services which cover property catastrophe, property, liability, marine, aviation and space, trade credit and surety, agriculture, accident, life and health, and political risk. The mortgage business provides risk management and risk financing products to the mortgage insurance sectors through platforms in the U.S., Europe and Bermuda.
Executives
Nicolas Papadopoulo other: Officer of Subsidiary WESSEX HOUSE, 3RD FLOOR, 45 REID STREET, HAMILTON D0 HM 12
Marc Grandisson officer: Officer of Subsidiary C/O ARCH REINSURANCE LTD, WESSEX HOUSE 45 REID ST, HAMILTON BERMUDA D0 999999999
David Gansberg officer: CEO, Global Mortgage Group 230 NORTH ELM STREET, GREENSBORO NC 27401
Louis T Petrillo officer: President, Gen Counsel & Secr. C/O ARCH CAPITAL SERVICES INC, 20 HORSENECK LANE, GREENWICH CT 06830
Maamoun Rajeh officer: Chairman & CEO Arch Re Group WATERLOO HOUSE, GROUND FLOOR, 100 PITTS BAY ROAD, PEMBROKE D0 HM08
Francois Morin officer: EVP and CFO WATERLOO HOUSE, GROUND FLOOR, 100 PITTS BAY ROAD, PEMBROKE D0 HM08
Bunce John L Jr director C/O WESTERN WIRELESS CORP, 3650 131ST AVE. S.E . #400, BELLEVUE WA 98006
Brian S Posner director 14 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
John M Pasquesi director C/O OTTER CAPITAL, ONE MARITIME PLAZA SUITE 1400, SAN FRANCISCO CA 94111
Francis Ebong director WATERLOO HOUSE, GROUND FLOOR, 100 PITTS BAY ROAD, PEMBROKE D0 HM08
Eileen A Mallesch director 3776 SOUTH HIGH ST, COLUMBUS OH 43207
Christine Todd officer: SVP & Chief Investment Officer C/O ARCH CAPITAL GROUP LTD, WATERLOO HOUSE, 100 PITTS BAY ROAD, PEMBROKE D0 HM08
W Preston Hutchings officer: SVP & Chief Investment Officer WESSEX HOUSE 45 REID STREET, 4TH FLOOR, HAMILTON D0 HM12
Moira A. Kilcoyne director 632 HUDSON STREET, HOBOKEN NJ 07030
Thomas R Watjen director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402

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