SBI Life Insurance Company Limited (BOM:540719) Total Assets : ₹3,982,988 Mil (As of Mar. 2024)

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What is SBI Life Insurance Company Limited Total Assets?

SBI Life Insurance Company Limited's Total Assets for the quarter that ended in Mar. 2024 was ₹3,982,988 Mil.

During the past 12 months, SBI Life Insurance Company Limited's average Total Assets Growth Rate was 26.00% per year. During the past 3 years, the average Total Assets Growth Rate was 20.40% per year. During the past 5 years, the average Total Assets Growth Rate was 22.50% per year. During the past 10 years, the average Total Assets Growth Rate was 20.80% per year.

During the past 12 years, SBI Life Insurance Company Limited's highest 3-Year average Total Assets Growth Rate was 23.80%. The lowest was 15.50%. And the median was 20.40%.

Total Assets is connected with ROA %. SBI Life Insurance Company Limited's annualized ROA % for the quarter that ended in Mar. 2024 was 0.83%. Total Assets is also linked to Revenue through Asset Turnover. SBI Life Insurance Company Limited's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

SBI Life Insurance Company Limited Total Assets Historical Data

The historical data trend for SBI Life Insurance Company Limited'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.

SBI Life Insurance Company Limited Total Assets Chart

SBI Life Insurance Company Limited Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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1,655,800.60

2,268,304.38

2,733,369.89

3,146,861.96

3,982,988.10

SBI Life Insurance Company Limited 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															3,146,861.96	3,347,435.50	3,524,218.60	3,812,205.10	3,982,988.10

SBI Life Insurance Company Limited 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.

SBI Life Insurance Company Limited's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	149085.6	+	3833902.5
	=	3,982,988

SBI Life Insurance Company Limited'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 )
	=	149085.6	+	3833902.5
	=	3,982,988

SBI Life Insurance Company Limited (BOM:540719) Total Assets Explanation

Total Assets is connected with ROA %.

SBI Life Insurance Company Limited'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 )
	=	32432	/	( (3812205.1	+	3982988.1)	/ 2 )
	=	32432	/	3897596.6
	=	0.83 %

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.

SBI Life Insurance Company Limited'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 )
=	362463.6	/	( (3812205.1	+	3982988.1)	/ 2 )
=	362463.6	/	3897596.6
=	0.09

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.

SBI Life Insurance Company Limited Total Assets Related Terms

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SBI Life Insurance Company Limited (BOM:540719) Business Description

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SBILIFE:India

Address

M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.sbilife.co.in

SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment.

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