If a company builds assets at 18.8% a year, faster than its revenue growth rate of 14.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Universal Insurance Holdings's average Total Assets Growth Rate was 36.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 33.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 18.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.20% per year.
During the past 13 years, Universal Insurance Holdings's highest 3-Year average Total Assets Growth Rate was 263.40%. The lowest was -37.00%. And the median was 17.80%.
* 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.
Universal Insurance Holdings 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.
* 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.
Universal Insurance Holdings (STU:5UI) Total Assets Explanation
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.
Universal Insurance Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Universal Insurance Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Universal Insurance Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Universal Insurance Holdings (STU:5UI) Business Description
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STU:5UI has been successfully added to your 