GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » National Takaful Co (Watania) PJSC (ADX:WATANIA) » Definitions » Total Assets

National Takaful Co (Watania) PJSC (ADX:WATANIA) Total Assets : د.إ511.3 Mil (As of Dec. 2021)


View and export this data going back to 2011. Start your Free Trial

What is National Takaful Co (Watania) PJSC Total Assets?

National Takaful Co (Watania) PJSC's Total Assets for the quarter that ended in Dec. 2021 was د.إ511.3 Mil.

Total Assets is connected with ROA %. National Takaful Co (Watania) PJSC's annualized ROA % for the quarter that ended in Dec. 2021 was -0.05%. Total Assets is also linked to Revenue through Asset Turnover. National Takaful Co (Watania) PJSC's Asset Turnover for the quarter that ended in Dec. 2021 was 0.12.


National Takaful Co (Watania) PJSC Total Assets Historical Data

The historical data trend for National Takaful Co (Watania) PJSC'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.

National Takaful Co (Watania) PJSC Total Assets Chart

National Takaful Co (Watania) PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 403.22 393.99 476.32 516.29 511.32

National Takaful Co (Watania) PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 516.29 538.81 511.23 503.41 511.32

National Takaful Co (Watania) PJSC 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.

National Takaful Co (Watania) PJSC's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=111.696+399.626
=511.3

National Takaful Co (Watania) PJSC's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (Q: Dec. 2021 )+Total Liabilities (Q: Dec. 2021 )
=111.696+399.626
=511.3

* 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.


National Takaful Co (Watania) PJSC  (ADX:WATANIA) Total Assets Explanation

Total Assets is connected with ROA %.

National Takaful Co (Watania) PJSC's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %=Net Income (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=-0.26/( (503.409+511.322)/ 2 )
=-0.26/507.3655
=-0.05 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) 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.

National Takaful Co (Watania) PJSC's Asset Turnover for the quarter that ended in Dec. 2021 is

Asset Turnover
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=62.377/( (503.409+511.322)/ 2 )
=62.377/507.3655
=0.12

* 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.

National Takaful Co (Watania) PJSC Total Assets Related Terms

Thank you for viewing the detailed overview of National Takaful Co (Watania) PJSC's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


National Takaful Co (Watania) PJSC (ADX:WATANIA) Business Description

Traded in Other Exchanges
N/A
Address
Al Muroor Road (4th Street), Al Jazira Sports Complex, P.O. Box 6457, 4th Floor, Tower A, Opposite to Dusit Thani Hotel, Abu Dhabi, ARE
National Takaful Co (Watania) PJSC is primarily engaged in providing all classes of non-family takaful solutions. The company underwrites mainly medical, property, engineering, motor, miscellaneous accident, marine and personal accident classes. The segments of the company are Medical and Non-Medical. The company operates its business in the United States of Emirates.

National Takaful Co (Watania) PJSC (ADX:WATANIA) Headlines

No Headlines