CNA Financial's Total Assets for the quarter that ended in Dec. 2023 was $64,711 Mil.
During the past 12 months, CNA Financial's average Total Assets Growth Rate was 3.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -29.30% per year.
During the past 5 years, the average Total Assets Growth Rate was -19.80% per year.
During the past 10 years, the average Total Assets Growth Rate was -6.60% per year.
During the past 13 years, CNA Financial's highest 3-Year average Total Assets Growth Rate was 19.90%. The lowest was -29.30%. And the median was 1.60%.
The historical data trend for CNA Financial'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.
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.
CNA Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
CNA Financial's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
CNA Financial Total Assets Related Terms
Thank you for viewing the detailed overview of CNA Financial's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
CNA Financial (CNA Financial) Business Description
CNA Financial Corporation (CNAF) is an insurance holding company that provides commercial property and casualty insurance. The company operates under five segments: Specialty, Commercial and International being its core business and two segments for its non-core businesses, which are Life and Group and Corporate and Other. CNAF, through its segments, provides professional, financial, specialty property and casualty products to small businesses and medium scale organizations. It has its business spread across Continental Europe, United Kingdom, and Canada. The majority of the revenues are generated from the Specialty and Commercial segment of the business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CNA has been successfully added to your 