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Utg Inc   (UTGN)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial


Utg Inc 's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Utg Inc 's ROA in the third quarter of 2023?
Utg Inc achieved a return on average assets (ROA) of 8.3 % in its third quarter of 2023, this is above UTGN's average return on assets of 2.24%.
Utg Inc assets over the 12 months ending in its third quarter of 2023 are valued at $196 million

ROA fell compared to the second quarter of 2023, despite the net income growth of 4715.58% from the second quarter of 2023.

However, within the Financial sector 170 other companies had a higher return on assets. While return on assets, the total ranking has deteriorated compared to the second quarter of 2023 from 1296 to 1401.

What is ROA?


Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change 5.01 % -12.59 % -13.8 % -16.5 % -20.46 %
Y / Y Net Income Change -35.22 % - - 552.39 % -
Net Income (TTM) in million 16 19 18 34 19
Return On Assets (TTM) 8.3 % 9.87 % 9.12 % 16.55 % 8.86 %
UTGN's Total Ranking # 1401 # 1296 # 1375 # 1017 # 1470
Total Assets (TTM) in million 200 183 193 207 190
Seq. Total Assets Change 9.29 % -5.45 % -6.37 % 8.53 % -9.02 %
Seq. Net Income Change 4715.58 % - - 120.39 % -



Return On Assets Company Ranking
Within: No.
Industry # 0
Sector # 171
Overall # 1399

Return On Assets Statistics
High Average Low
8.09 %
2.24 %
-2.45 %
(Dec 31 2022)   (Mar 31 2020)





Financial Statements
Utg Inc 's Assets $ 200 million UTGN's Balance sheet
Utg Inc 's Income $ 5 million Quarterly UTGN's Income Statement
UTGN's Income by Division See UTGN's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change -16.5 % -30.82 % -3.7 % 35.63 % -24.07 %
Total Assets in million 207 247 358 371 274
Y / Y Net Income Change 252.27 % 340.1 % -86.64 % 31.71 % 161.79 %
Net Income in million 34 10 2 17 13
Return On Assets 16.64 % 3.94 % 0.62 % 4.47 % 4.6 %




Comment on UTGN's ROA in the fiscal year ending 2022
In the fiscal year 2022 ROA improved to 16.64 % compared to prior year, due to annual net income growth of 252.27 % to $34.36 million, and due to decline of value in Utg Inc 's assets by -16.5 % to $206.56 million, compared to $206.56 a year before.


More Return On Assets Ratios
UTGN's' Return on Assets at Yahoo Finance
Life Insurance Industry Return On Assets Trends and Statistics
Financial Sector Roa Statistics
Roa Trends for overall market
UTGN's Roa Ratio versus Life Insurance Industry, Financial Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for UTGN's Competitors
Roa for Utg Inc 's Suppliers
Return On Assets for UTGN's Customers

You may also want to know
UTGN's Roi UTGN's Inventory Turnover Ratio UTGN's Growth Rates UTGN's Dividend Comparisons
UTGN's Profitability Ratios UTGN's Asset Turnover Ratio UTGN's Dividend Growth
UTGN's Roe UTGN's Valuation Ratios UTGN's Financial Strength Ratios UTGN's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2023, within Financial Sector ROA
Kingsway Financial Services Inc  22.81 %
Artisan Partners Asset Management Inc   20.76 %
Cohen and Steers Inc   20.16 %
Sei Investments Company  19.26 %
Diamond Hill Investment Group Inc   18.99 %
Landcadia Holdings Iv inc   18.91 %
Corvel Corporation  18.08 %
Erie Indemnity Company  17.01 %
Abrdn Silver Etf Trust  16.72 %
Affiliated Managers Group inc   16.71 %
Hamilton Lane Inc  15.69 %
Marketaxess Holdings Inc   15.03 %
Capitalworks Emerging Markets Acquisition Corp  14.64 %
Federated Hermes Inc   13.74 %
Pjt Partners Inc   13.63 %
Brightsphere Investment Group Inc   13.55 %
Price T Rowe Group Inc  13.49 %
Value Line Inc  13.48 %
Public Storage  11.77 %
Nmi Holdings Inc   11.76 %
Mgic Investment Corp  11.40 %
Futures Portfolio Fund L p   11.37 %
Essent Group Ltd   11.27 %
Enact Holdings Inc   11.11 %
United States Brent Oil Fund Lp  11.02 %
Evercore Inc   10.94 %
Chicago Atlantic Real Estate Finance Inc   10.84 %
Moody s Corporation  10.45 %
Social Leverage Acquisition Corp I  10.16 %
Graniteshares Platinum Trust  10.12 %


Date modified: 2023-11-14T00:49:12+00:00


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