AGO has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AGO has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Assured Guaranty's Revenue for the three months ended in Dec. 2024 was $141.0 Mil. Assured Guaranty's Total Assets for the quarter that ended in Dec. 2024 was $11,209.5 Mil. Therefore, Assured Guaranty's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.
Asset Turnover is linked to ROE % through Du Pont Formula. Assured Guaranty's annualized ROE % for the quarter that ended in Dec. 2024 was 1.30%. It is also linked to ROA % through Du Pont Formula. Assured Guaranty's annualized ROA % for the quarter that ended in Dec. 2024 was 0.64%.
The historical data trend for Assured Guaranty'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.
Assured Guaranty Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Asset Turnover | Get a 7-Day Free Trial |
![]() |
![]() |
0.07 | 0.04 | 0.04 | 0.07 | 0.06 |
Assured Guaranty Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Asset Turnover | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
For the Insurance - Specialty subindustry, Assured Guaranty'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.
For the Insurance industry and Financial Services sector, Assured Guaranty's Asset Turnover distribution charts can be found below:
* The bar in red indicates where Assured Guaranty's Asset Turnover falls into.
Asset Turnover measures how quickly a company turns over its asset through sales.
Assured Guaranty's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (A: Dec. 2024 ) | / | ( (Total Assets (A: Dec. 2023 ) | + | Total Assets (A: Dec. 2024 )) | / count ) |
= | 639 | / | ( (12539 | + | 10128) | / 2 ) |
= | 639 | / | 11333.5 | |||
= | 0.06 |
Assured Guaranty's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as
Asset Turnover | ||||||
= | Revenue | / | Average Total Assets | |||
= | Revenue (Q: Dec. 2024 ) | / | ( (Total Assets (Q: Sep. 2024 ) | + | Total Assets (Q: Dec. 2024 )) | / count ) |
= | 141 | / | ( (12291 | + | 10128) | / 2 ) |
= | 141 | / | 11209.5 | |||
= | 0.01 |
* 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.
Assured Guaranty (NYSE:AGO) Asset Turnover Explanation
Asset Turnover is linked to ROE % through Du Pont Formula.
Assured Guaranty's annulized ROE % for the quarter that ended in Dec. 2024 is
ROE %** | (Q: Dec. 2024 ) | ||||
= | Net Income | / | Total Stockholders Equity | ||
= | 72 | / | 5552 | ||
= | (Net Income / Revenue) | * | (Revenue / Total Assets) | * | (Total Assets / Total Stockholders Equity) |
= | (72 / 564) | * | (564 / 11209.5) | * | (11209.5/ 5552) |
= | Net Margin % | * | Asset Turnover | * | Equity Multiplier |
= | 12.77 % | * | 0.0503 | * | 2.019 |
= | ROA % | * | Equity Multiplier | ||
= | 0.64 % | * | 2.019 | ||
= | 1.30 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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:
Assured Guaranty's annulized ROA % for the quarter that ended in Dec. 2024 is
ROA % | (Q: Dec. 2024 ) | ||
= | Net Income | / | Total Assets |
= | 72 | / | 11209.5 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (72 / 564) | * | (564 / 11209.5) |
= | Net Margin % | * | Asset Turnover |
= | 12.77 % | * | 0.0503 |
= | 0.64 % |
Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.
Thank you for viewing the detailed overview of Assured Guaranty's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Dominic Frederico | director, officer: Deputy Chairman/President/CEO | ACE LTD, ACE BLDG 30 WOODBOURNE AVE HAMILTON BER |
Robert Bailenson | officer: Chief Accounting Officer | ASSURED GUARANTY LTD., 30 WOODBOURNE AVENUE, HAMILTON D0 HM08 |
Yukiko Omura | director | C/O ASSURED GUARANTY (EUROPE) LTD., 1 FINSBURY SQUARE, LONDON X0 EC2A 1AE |
Laura Bieling | officer: Chief Accounting Officer* | 30 WOODBOURNE AVE., 5TH FLOOR, HAMILTON D0 D0 HM08 |
G Lawrence Buhl | director | 30 WOODBOURNE AVE, C/O ASSURED GUARANTY LTD, HAMILTON BERMUDA D0 0000 |
Stephen Donnarumma | officer: Chief Credit Officer | 30 WOODOURNE AVENUE, HAMILTON D0 HM08 |
Jorge A. Gana | officer: Chief Risk Officer | 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08 |
Howard Albert | officer: Chief Risk Officer | 31 WEST 52ND STREET, NEW YORK NY 10019 |
David A. Buzen | officer: Head of Asset Management* | 850 3RD AVENUE, NEW YORK NY 10022 |
Holly Horn | officer: Chief Surveillance Officer | 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08 |
Brewer Russell B. Ii | officer: Chief Surveillance Officer | 31 WEST 52ND STREET, NEW YORK NY 10019 |
Shea Courtney C. | director | 1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610 |
Michelle Mccloskey | director | C/O ALLIANCEBERNSTEIN LP, 9TH FLOOR, NEW YORK NY 10105 |
Lorin Radtke | director | 30 WOODBOURNE AVE, 5TH FLOOR, HAMILTON D0 D0 HM08 |
Thomas W Jones | director | ALTRIA GROUP INC, 6601 WEST BROAD STREET, RICHMOND VA 23230 |
From GuruFocus
By Business Wire • 02-12-2025
By Business Wire • 10-22-2024
By GuruFocus News • 02-20-2025
By Business Wire • 11-08-2024
By Business Wire • 08-07-2024
By GuruFocus News • 02-28-2025
By GuruFocus News • 11-06-2024
By GuruFocus News • 11-05-2024
By Business Wire • 10-24-2024
By GuruFocus Research • 08-07-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.