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Zurich Insurance Co (JSE:ZSA) Total Assets : R5,058 Mil (As of Dec. 2013)


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What is Zurich Insurance Co Total Assets?

Zurich Insurance Co's Total Assets for the quarter that ended in Dec. 2013 was R5,058 Mil.

Total Assets is connected with ROA %. Zurich Insurance Co's annualized ROA % for the quarter that ended in Dec. 2013 was -3.25%. Total Assets is also linked to Revenue through Asset Turnover. Zurich Insurance Co's Asset Turnover for the quarter that ended in Dec. 2013 was 0.73.

Zurich Insurance Co Total Assets Historical Data

The historical data trend for Zurich Insurance Co'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.

Zurich Insurance Co Total Assets Chart

Zurich Insurance Co Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Assets
Get a 7-Day Free Trial Premium Member Only 5,035.34 5,531.92 4,899.77 5,051.68 5,057.59

Zurich Insurance Co Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Assets Get a 7-Day Free Trial Premium Member Only 5,035.34 5,531.92 4,899.77 5,051.68 5,057.59

Zurich Insurance Co 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.

Zurich Insurance Co's Total Assets for the fiscal year that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (A: Dec. 2013 )+Total Liabilities (A: Dec. 2013 )
=1869.252+3188.336
=5,058

Zurich Insurance Co's Total Assets for the quarter that ended in Dec. 2013 is calculated as

Total Assets=Total Equity (Q: Dec. 2013 )+Total Liabilities (Q: Dec. 2013 )
=1869.252+3188.336
=5,058

* 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.

Zurich Insurance Co  (JSE:ZSA) Total Assets Explanation

Total Assets is connected with ROA %.

Zurich Insurance Co's annualized ROA % for the quarter that ended in Dec. 2013 is

ROA %=Net Income (Q: Dec. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Dec. 2013 ))/ count )
=-164.124/( (5051.682+5057.588)/ 2 )
=-164.124/5054.635
=-3.25 %

Note: The Net Income data used here is one times the annual (Dec. 2013) 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.

Zurich Insurance Co's Asset Turnover for the quarter that ended in Dec. 2013 is

Asset Turnover
=Revenue (Q: Dec. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Dec. 2013 ))/ count )
=3690.137/( (5051.682+5057.588)/ 2 )
=3690.137/5054.635
=0.73

* 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.

Zurich Insurance Co Total Assets Related Terms

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Zurich Insurance Co (JSE:ZSA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zurich Insurance Co SA Ltd (JSE:ZSA) » Definitions » Total Assets
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FNHC XKRX:000540 BKK:SMK BKK:MTI PTVCA KAR:IGIHL XTAE:ZUR TPE:2852 HKSE:00222 LSE:PGH SAU:8020 KAR:EFUG OSL:INSR SAU:8070 STC:BMI SAU:8160 HSTC:VNR XKRX:000370 BSP:CSAB3 KINS
Traded in Other Exchanges
N/A
Address
Website
http://www.zurich.co.za
Zurich Insurance Co SA Ltd, a short-term insurance Company, was founded on 1965. The Company offers insurance products and services for individual, commercial and corporate customers. It provides short-term insurance, operating across corporate, commercial and domestic markets and markets its products through brokers and agents. It has a network of offices throughout South Africa. Its products consist of Body Corporate Insurance, Collectible Insurance, Commercial Insurance, Farmers Insurance, Flexiflite Insurance, Hospitality Insurance, Small and Medium Enterprises Insurance, Wineries Insurance, Home and Motor Insurance, Engineering Insurance, Marine Insurance and Travel Insurance. It provides services such as Fast Track Claims, Motor Assessing and Zurich Assist.

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