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Hamilton Insurance Group (Hamilton Insurance Group) Total Assets : $7,349 Mil (As of Mar. 2024)


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What is Hamilton Insurance Group Total Assets?

Hamilton Insurance Group's Total Assets for the quarter that ended in Mar. 2024 was $7,349 Mil.

During the past 12 months, Hamilton Insurance Group's average Total Assets Growth Rate was 23.70% per year.

Total Assets is connected with ROA %. Hamilton Insurance Group's annualized ROA % for the quarter that ended in Mar. 2024 was 8.97%. Total Assets is also linked to Revenue through Asset Turnover. Hamilton Insurance Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Hamilton Insurance Group Total Assets Historical Data

The historical data trend for Hamilton Insurance 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.

Hamilton Insurance Group Total Assets Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
Total Assets
- 5,611.61 5,818.97 6,671.36

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,114.26 6,280.55 6,504.60 6,671.36 7,349.03

Hamilton Insurance 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.

Hamilton Insurance 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 )
=2047.983+4623.372
=6,671

Hamilton Insurance Group'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 )
=2264.232+5084.793
=7,349

* 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.

Hamilton Insurance Group  (NYSE:HG) Total Assets Explanation

Total Assets is connected with ROA %.

Hamilton Insurance Group'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 )
=628.696/( (6671.355+7349.025)/ 2 )
=628.696/7010.19
=8.97 %

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.

Hamilton Insurance Group'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 )
=670.595/( (6671.355+7349.025)/ 2 )
=670.595/7010.19
=0.10

* 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.

Hamilton Insurance Group Total Assets Related Terms

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Hamilton Insurance Group (Hamilton Insurance Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hamilton Insurance Group Ltd (NYSE:HG) » Definitions » Total Assets
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Traded in Other Exchanges
QN0:Germany
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Website
https://www.hamiltongroup.com
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).