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Scottish Re Group (Scottish Re Group) Total Assets : $4,151.30 Mil (As of Jun. 2011)


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What is Scottish Re Group Total Assets?

Scottish Re Group's Total Assets for the quarter that ended in Jun. 2011 was $4,151.30 Mil.

Total Assets is connected with ROA %. Scottish Re Group's annualized ROA % for the quarter that ended in Jun. 2011 was -15.43%. Total Assets is also linked to Revenue through Asset Turnover. Scottish Re Group's Asset Turnover for the quarter that ended in Jun. 2011 was 0.02.


Scottish Re Group Total Assets Historical Data

The historical data trend for Scottish Re 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.

Scottish Re Group Total Assets Chart

Scottish Re Group Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,606.09 12,821.06 8,026.85 5,293.48 5,241.17

Scottish Re Group Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,348.59 5,285.53 5,241.17 5,216.43 4,151.30

Scottish Re 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.

Scottish Re Group's Total Assets for the fiscal year that ended in Dec. 2010 is calculated as

Total Assets=Total Equity (A: Dec. 2010 )+Total Liabilities (A: Dec. 2010 )
=139.444+5101.726
=5,241.17

Scottish Re Group's Total Assets for the quarter that ended in Jun. 2011 is calculated as

Total Assets=Total Equity (Q: Jun. 2011 )+Total Liabilities (Q: Jun. 2011 )
=-19.125+4170.427
=4,151.30

* 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.


Scottish Re Group  (OTCPK:SKRUF.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Scottish Re Group's annualized ROA % for the quarter that ended in Jun. 2011 is

ROA %=Net Income (Q: Jun. 2011 )/( (Total Assets (Q: Mar. 2011 )+Total Assets (Q: Jun. 2011 ))/ count )
=-722.656/( (5216.434+4151.302)/ 2 )
=-722.656/4683.868
=-15.43 %

Note: The Net Income data used here is four times the quarterly (Jun. 2011) 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.

Scottish Re Group's Asset Turnover for the quarter that ended in Jun. 2011 is

Asset Turnover
=Revenue (Q: Jun. 2011 )/( (Total Assets (Q: Mar. 2011 )+Total Assets (Q: Jun. 2011 ))/ count )
=83.913/( (5216.434+4151.302)/ 2 )
=83.913/4683.868
=0.02

* 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.

Scottish Re Group Total Assets Related Terms

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Scottish Re Group (Scottish Re Group) Business Description

Traded in Other Exchanges
N/A
Address
Crown House, First Floor, 4 Par-la-Ville Road, Hamilton, BMU, HM 08
Scottish Re Group is engaged in the reinsurance of life insurance, annuities and annuity-type products. It accepts part of the risk of insurance policies for a portion of the income earned by the policies. The company uses its headquarters in the tax-friendly Cayman Islands to provide wealth management and estate planning services to high net worth clients. It has operations in Bermuda, the Cayman Islands, Ireland, the United Kingdom, and the United States.
Executives
Richard M Rieder 10 percent owner 55 EAST 52ND STREET, NEW YORK NY 10055
Lehman Brothers Holdings Inc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Seth Gardner director CERBERUS CAPITAL MANAGEMENT, L.P., 299 PARK AVENUE, NEW YORK NY 10171
George Robert Zippel director, officer: President & CEO 700 MAIN STREET, LYNCHBURG VA 24505
Terry Eleftheriou officer: CFO 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Jeffrey Hughes director 811 HANSEN WAY, PALO ALTO CA 94303
Lenard Tessler director C/O ALBERTSONS COMPANIES, INC., 250 E. PARKCENTER BLVD., BOISE ID 83706
Robert Eugene Joyal director 352 WARDNER ROAD, WEST WINDSOR VT 05089
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Thomas M Finke director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Michael Thomas Rollings director 1295 STATE STREET, SPRINGFIELD MA 01111
Larry Port director 230 PARK AVENUE, NEW YORK NY 10169
Stephen Feinberg 10 percent owner 875 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10022
Massachusetts Mutual Life Insurance Co 10 percent owner 1295 STATE STREET, SPRINGFIELD MA 01111
Glenn S Schafer director 151 DETROIT STREET, DENVER CO 80206

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