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Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Total Assets : R$2,616 Mil (As of Mar. 2024)


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What is Wiz Co Participacoes e Corretagem de Seguros Total Assets?

Wiz Co Participacoes e Corretagem de Seguros's Total Assets for the quarter that ended in Mar. 2024 was R$2,616 Mil.

Warning Sign:

If a company builds assets at 49.1% a year, faster than its revenue growth rate of 13.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Wiz Co Participacoes e Corretagem de Seguros's average Total Assets Growth Rate was 13.30% per year. During the past 3 years, the average Total Assets Growth Rate was 44.30% per year. During the past 5 years, the average Total Assets Growth Rate was 49.10% per year. During the past 10 years, the average Total Assets Growth Rate was 53.00% per year.

During the past 13 years, Wiz Co Participacoes e Corretagem de Seguros's highest 3-Year average Total Assets Growth Rate was 115.50%. The lowest was -8.50%. And the median was 51.70%.

Total Assets is connected with ROA %. Wiz Co Participacoes e Corretagem de Seguros's annualized ROA % for the quarter that ended in Mar. 2024 was 5.81%. Total Assets is also linked to Revenue through Asset Turnover. Wiz Co Participacoes e Corretagem de Seguros's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.


Wiz Co Participacoes e Corretagem de Seguros Total Assets Historical Data

The historical data trend for Wiz Co Participacoes e Corretagem de Seguros'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.

* Premium members only.

Wiz Co Participacoes e Corretagem de Seguros Total Assets Chart

Wiz Co Participacoes e Corretagem de Seguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 586.30 957.55 2,466.13 2,577.82 2,543.86

Wiz Co Participacoes e Corretagem de Seguros 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 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 2,298.49 2,373.11 2,293.66 2,543.86 2,615.52

Wiz Co Participacoes e Corretagem de Seguros 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.

Wiz Co Participacoes e Corretagem de Seguros'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 )
=1155.579+1388.285
=2,544

Wiz Co Participacoes e Corretagem de Seguros'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 )
=1216.107+1399.414
=2,616

* 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.


Wiz Co Participacoes e Corretagem de Seguros  (BSP:WIZC3) Total Assets Explanation

Total Assets is connected with ROA %.

Wiz Co Participacoes e Corretagem de Seguros'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 )
=149.976/( (2543.864+2615.521)/ 2 )
=149.976/2579.6925
=5.81 %

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.

Wiz Co Participacoes e Corretagem de Seguros'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 )
=354.519/( (2543.864+2615.521)/ 2 )
=354.519/2579.6925
=0.14

* 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.

Wiz Co Participacoes e Corretagem de Seguros Total Assets Related Terms

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Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Business Description

Traded in Other Exchanges
N/A
Address
Setor Comercial Norte, Quadra 02, Liberty Mall, Tower B, 13th Floor, Room 1301, Brasilia, DF, BRA, 70712-904
Wiz Co Participacoes e Corretagem de Seguros SA is Brazilian insurance brokerage company. It is engaged in developing and implementing business optimization solutions, combining financial and insurance services to meet customer's needs. The company acts as a broker between insurer and bank and it is involved in the sale of individual and corporate insurance products, pension plans, capitalization plans, and consortiums, in the distribution channels. Its insurance products includes life insurance policies, mortgage insurance, credit insurance, auto insurance, residential property insurance, Business Multi-Risk Insurance and other products.

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