Greenlight Capital Re Ltd
Greenlight Capital Re, Ltd., through its subsidiaries, operates as a property and casualty reinsurance company worldwide. The company offers various property reinsurance products and services, including automobile liability, personal lines, and commercial lines. It also provides casualty reinsurance products and services comprising general liability, umbrella, multiline casualty, and worker's com… Read more
Greenlight Capital Re Ltd (GLRE) - Total Assets
Latest total assets as of September 2025: $2.13 Billion USD
Based on the latest financial reports, Greenlight Capital Re Ltd (GLRE) holds total assets worth $2.13 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Greenlight Capital Re Ltd - Total Assets Trend (2005–2024)
This chart illustrates how Greenlight Capital Re Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Greenlight Capital Re Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Greenlight Capital Re Ltd's total assets of $2.13 Billion consist of 43.9% current assets and 56.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 3.2% |
| Accounts Receivable | $790.27 Million | 39.2% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $82.25 Million | 4.1% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how Greenlight Capital Re Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Greenlight Capital Re Ltd's current assets represent 43.9% of total assets in 2024, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 3.2% of total assets in 2024, up from 1.2% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is accounts receivable at 39.2% of total assets.
Greenlight Capital Re Ltd Competitors by Total Assets
Key competitors of Greenlight Capital Re Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Korean Reinsu
KO:003690
|
Korea | ₩13.18 Trillion |
|
Central Reinsurance Corp
TW:2851
|
Taiwan | NT$57.54 Billion |
|
MNRB Holdings Bhd
KLSE:6459
|
Malaysia | RM14.14 Billion |
|
American Overseas Group Ltd
PINK:AOREF
|
USA | $936.58 Million |
|
COMSTOCK HLDG-A
F:CHO
|
Germany | €2.09 Billion |
|
Conduit Holdings Limited
OTCGREY:CNDHF
|
USA | $2.09 Billion |
|
COFACE SA
PINK:COFAF
|
USA | $8.09 Billion |
|
Everest Group Ltd
NYSE:EG
|
USA | $62.51 Billion |
Greenlight Capital Re Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Greenlight Capital Re Ltd generates 0.32x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Greenlight Capital Re Ltd generates $ 2.12 in net profit.
Greenlight Capital Re Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.92 | 1.81 | 0.01 |
| Quick Ratio | 6.92 | 2.80 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $756.73 Million | $ 570.28 Million | $ -749.98 Million |
Greenlight Capital Re Ltd - Advanced Valuation Insights
This section examines the relationship between Greenlight Capital Re Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.73 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 16.2% |
| Total Assets | $2.02 Billion |
| Market Capitalization | $435.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Greenlight Capital Re Ltd's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Greenlight Capital Re Ltd's assets grew by 16.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Greenlight Capital Re Ltd (2005–2024)
The table below shows the annual total assets of Greenlight Capital Re Ltd from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $2.02 Billion | +16.19% |
| 2023-12-31 | $1.74 Billion | +9.80% |
| 2022-12-31 | $1.58 Billion | +10.71% |
| 2021-12-31 | $1.43 Billion | +5.14% |
| 2020-12-31 | $1.36 Billion | +0.18% |
| 2019-12-31 | $1.36 Billion | -5.59% |
| 2018-12-31 | $1.44 Billion | -57.25% |
| 2017-12-31 | $3.36 Billion | +26.00% |
| 2016-12-31 | $2.66 Billion | -1.76% |
| 2015-12-31 | $2.71 Billion | -9.44% |
| 2014-12-31 | $3.00 Billion | -3.23% |
| 2013-12-31 | $3.10 Billion | +13.68% |
| 2012-12-31 | $2.72 Billion | +16.18% |
| 2011-12-31 | $2.34 Billion | +0.23% |
| 2010-12-31 | $2.34 Billion | +43.95% |
| 2009-12-31 | $1.62 Billion | +69.54% |
| 2008-12-31 | $958.00 Million | -12.44% |
| 2007-12-31 | $1.09 Billion | +110.98% |
| 2006-12-31 | $518.61 Million | +58.14% |
| 2005-12-31 | $327.94 Million | -- |