Linea Directa Aseguradora (XMAD:LDA) Total Assets : €1,125.3 Mil (As of Dec. 2023)

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What is Linea Directa Aseguradora Total Assets?

Linea Directa Aseguradora's Total Assets for the quarter that ended in Dec. 2023 was €1,125.3 Mil.

During the past 12 months, Linea Directa Aseguradora's average Total Assets Growth Rate was -48.40% per year. During the past 3 years, the average Total Assets Growth Rate was -16.70% per year.

During the past 4 years, Linea Directa Aseguradora's highest 3-Year average Total Assets Growth Rate was -16.70%. The lowest was -16.70%. And the median was -16.70%.

Total Assets is connected with ROA %. Linea Directa Aseguradora's annualized ROA % for the quarter that ended in Dec. 2023 was 1.93%. Total Assets is also linked to Revenue through Asset Turnover. Linea Directa Aseguradora's Asset Turnover for the quarter that ended in Dec. 2023 was 0.45.

Linea Directa Aseguradora Total Assets Historical Data

The historical data trend for Linea Directa Aseguradora'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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Linea Directa Aseguradora Total Assets Chart

Linea Directa Aseguradora Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

1,436.53

1,368.48

1,195.42

1,125.32

Linea Directa Aseguradora Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			1,368.48	1,268.29	1,195.42	1,064.82	1,125.32

Linea Directa Aseguradora 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.

Linea Directa Aseguradora's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	313.035	+	812.287
	=	1,125.3

Linea Directa Aseguradora's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	313.035	+	812.287
	=	1,125.3

Linea Directa Aseguradora (XMAD:LDA) Total Assets Explanation

Total Assets is connected with ROA %.

Linea Directa Aseguradora's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	21.128	/	( (1064.824	+	1125.322)	/ 2 )
	=	21.128	/	1095.073
	=	1.93 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Linea Directa Aseguradora's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	489.594	/	( (1064.824	+	1125.322)	/ 2 )
=	489.594	/	1095.073
=	0.45

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.

Linea Directa Aseguradora Total Assets Related Terms

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Linea Directa Aseguradora (XMAD:LDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Linea Directa Aseguradora SA (XMAD:LDA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LNDAF:USA LDAe:UK 8I2:Germany

Address

Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760

Website

https://www.lineadirectaaseguradora.com

Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.

Linea Directa Aseguradora (XMAD:LDA) Headlines

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