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Trisura Group (TSX:TSU) Total Assets : C$3,584 Mil (As of Dec. 2023)


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What is Trisura Group Total Assets?

Trisura Group's Total Assets for the quarter that ended in Dec. 2023 was C$3,584 Mil.

Warning Sign:

If a company builds assets at 40.4% a year, faster than its revenue growth rate of 32.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Trisura Group's average Total Assets Growth Rate was 24.30% per year. During the past 3 years, the average Total Assets Growth Rate was 23.70% per year. During the past 5 years, the average Total Assets Growth Rate was 40.40% per year.

During the past 8 years, Trisura Group's highest 3-Year average Total Assets Growth Rate was 69.50%. The lowest was 23.70%. And the median was 44.30%.

Total Assets is connected with ROA %. Trisura Group's annualized ROA % for the quarter that ended in Dec. 2023 was 1.30%. Total Assets is also linked to Revenue through Asset Turnover. Trisura Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.


Trisura Group Total Assets Historical Data

The historical data trend for Trisura Group'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.

Trisura Group Total Assets Chart

Trisura Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 978.39 1,706.73 1,993.87 2,798.87 3,584.45

Trisura Group 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 2,977.07 3,120.19 3,404.91 3,584.45 -

Trisura Group 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.

Trisura Group'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 )
=619.429+2965.016
=3,584

Trisura Group'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 )
=619.429+2965.016
=3,584

* 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.


Trisura Group  (TSX:TSU) Total Assets Explanation

Total Assets is connected with ROA %.

Trisura Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=45.28/( (3404.909+3584.445)/ 2 )
=45.28/3494.677
=1.30 %

Note: The Net Income data used here is four times the quarterly (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.

Trisura Group's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=188.474/( (3404.909+3584.445)/ 2 )
=188.474/3494.677
=0.05

* 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.

Trisura Group Total Assets Related Terms

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Trisura Group (TSX:TSU) Business Description

Traded in Other Exchanges
Address
333 Bay Street, Suite 1610, Box 22, Toronto, ON, CAN, M5H 2R2
Trisura Group Ltd is a Canadian-based company that engages in the provision of specialty insurance. The company's operations currently include specialty property and casualty insurance (Surety, Risk Solutions, and Corporate Insurance business lines), underwritten predominantly in Canada. The operating business segments are Trisura Guarantee, Trisura Specialty, and Trisura International. The Trisura Guarantee segment generates maximum revenue, which offers Surety, Risk Solutions, and Corporate Insurance products underwritten in Canada as well as the operations of Trisura Warranty.
Executives
Chris Yoshio Sekine Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Trisura Group (TSX:TSU) Headlines

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