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Assured Guaranty's Total Assets for the quarter that ended in Mar. 2024 was $12,168 Mil.
Warning Sign:
If a company builds assets at 16.5% a year, faster than its revenue growth rate of 10.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Assured Guaranty's average Total Assets Growth Rate was 11.80% per year. During the past 3 years, the average Total Assets Growth Rate was -6.90% per year. During the past 5 years, the average Total Assets Growth Rate was 16.50% per year. During the past 10 years, the average Total Assets Growth Rate was 6.40% per year.
During the past 13 years, Assured Guaranty's highest 3-Year average Total Assets Growth Rate was 82.10%. The lowest was -34.30%. And the median was 5.20%.
Total Assets is connected with ROA %. Assured Guaranty's annualized ROA % for the quarter that ended in Mar. 2024 was 3.53%. Total Assets is also linked to Revenue through Asset Turnover. Assured Guaranty's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.
The historical data trend for Assured Guaranty'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.
Assured Guaranty Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 14,326.00 | 15,334.00 | 18,208.00 | 16,843.00 | 12,539.00 |
Assured Guaranty Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Assets | Get a 7-Day Free Trial | 16,778.00 | 16,852.00 | 11,944.00 | 12,539.00 | 12,168.00 |
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.
Assured Guaranty'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 ) |
= | 5765 | + | 6774 | |
= | 12,539 |
Assured Guaranty's Total Assets for the quarter that ended in Mar. 2024 is calculated as
Total Assets | = | Total Equity (Q: Mar. 2024 ) | + | Total Liabilities (Q: Mar. 2024 ) |
= | 5682 | + | 6486 | |
= | 12,168 |
* 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 (NYSE:AGO) Total Assets Explanation
Total Assets is connected with ROA %.
Assured Guaranty's annualized ROA % for the quarter that ended in Mar. 2024 is
ROA % | = | Net Income (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | 436 | / | ( (12539 | + | 12168) | / 2 ) | |
= | 436 | / | 12353.5 | ||||
= | 3.53 % |
Note: The Net Income data used here is four times the quarterly (Mar. 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.
Assured Guaranty's Asset Turnover for the quarter that ended in Mar. 2024 is
Asset Turnover | ||||||
= | Revenue (Q: Mar. 2024 ) | / | ( (Total Assets (Q: Dec. 2023 ) | + | Total Assets (Q: Mar. 2024 )) | / count ) |
= | 226 | / | ( (12539 | + | 12168) | / 2 ) |
= | 226 | / | 12353.5 | |||
= | 0.02 |
* 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.
Thank you for viewing the detailed overview of Assured Guaranty's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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 |
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 |
Laura Bieling | officer: Chief Accounting Officer* | 30 WOODBOURNE AVE., 5TH FLOOR, HAMILTON D0 D0 HM08 |
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 |
Andrew T Feldstein | officer: Chief Investment Officer | 280 PARK AVENUE, 5TH FLOOR EAST, NEW YORK NY 10017 |
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