Indara Insurance PCL (BKK:INSURE) Total Assets : ฿8,555 Mil (As of Mar. 2024)

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What is Indara Insurance PCL Total Assets?

Indara Insurance PCL's Total Assets for the quarter that ended in Mar. 2024 was ฿8,555 Mil.

Warning Sign:

If a company builds assets at 56.9% a year, faster than its revenue growth rate of 51.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Indara Insurance PCL's average Total Assets Growth Rate was -8.50% per year. During the past 3 years, the average Total Assets Growth Rate was 107.20% per year. During the past 5 years, the average Total Assets Growth Rate was 56.90% per year. During the past 10 years, the average Total Assets Growth Rate was 12.50% per year.

During the past 13 years, Indara Insurance PCL's highest 3-Year average Total Assets Growth Rate was 107.20%. The lowest was -12.40%. And the median was -2.05%.

Total Assets is connected with ROA %. Indara Insurance PCL's annualized ROA % for the quarter that ended in Mar. 2024 was 5.45%. Total Assets is also linked to Revenue through Asset Turnover. Indara Insurance PCL's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Indara Insurance PCL Total Assets Historical Data

The historical data trend for Indara Insurance PCL'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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Indara Insurance PCL Total Assets Chart

Indara Insurance PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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789.98

744.93

705.34

10,466.13

9,198.38

Indara Insurance PCL 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															9,534.24	9,388.96	9,375.71	9,198.38	8,554.58

Indara Insurance PCL 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.

Indara Insurance PCL'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 )
	=	1113.632	+	8084.744
	=	9,198

Indara Insurance PCL'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 )
	=	1226.891	+	7327.691
	=	8,555

Indara Insurance PCL (BKK:INSURE) Total Assets Explanation

Total Assets is connected with ROA %.

Indara Insurance PCL'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 )
	=	483.536	/	( (9198.375	+	8554.583)	/ 2 )
	=	483.536	/	8876.479
	=	5.45 %

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.

Indara Insurance PCL'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 )
=	567.65	/	( (9198.375	+	8554.583)	/ 2 )
=	567.65	/	8876.479
=	0.06

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.

Indara Insurance PCL Total Assets Related Terms

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Indara Insurance PCL (BKK:INSURE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Indara Insurance PCL (BKK:INSURE) » Definitions » Total Assets

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Address

364/29 Sri Ayuthaya Road, Phayathai Sub-district, Ratchathewi District, Bangkok, THA, 10400

Website

https://www.indara.co.th

Indara Insurance PCL is a Thailand-based company engaged in the provision of non-life insurance. The company operates five business segments: Fire; Marine and transportation; Motor; Personal accident and Miscellaneous. The company operates in Thailand only.

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