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Al Ansari Financial Services (DFM:ALANSARI) Total Assets : د.إ3,207 Mil (As of Mar. 2024)


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What is Al Ansari Financial Services Total Assets?

Al Ansari Financial Services's Total Assets for the quarter that ended in Mar. 2024 was د.إ3,207 Mil.

During the past 3 years, the average Total Assets Growth Rate was -10.00% per year.

During the past 5 years, Al Ansari Financial Services's highest 3-Year average Total Assets Growth Rate was -10.00%. The lowest was -20.20%. And the median was -15.10%.

Total Assets is connected with ROA %. Al Ansari Financial Services's annualized ROA % for the quarter that ended in Mar. 2024 was 12.54%. Total Assets is also linked to Revenue through Asset Turnover. Al Ansari Financial Services's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Al Ansari Financial Services Total Assets Historical Data

The historical data trend for Al Ansari Financial Services'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.

Al Ansari Financial Services Total Assets Chart

Al Ansari Financial Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
3,021.09 3,192.73 3,355.39 2,763.45 3,094.17

Al Ansari Financial Services Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 3,516.57 3,031.84 3,094.17 3,207.40

Al Ansari Financial Services 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.

Al Ansari Financial Services's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1801.419+1292.749
=3,094

Al Ansari Financial Services's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1600.163+1607.235
=3,207

* 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.

Al Ansari Financial Services  (DFM:ALANSARI) Total Assets Explanation

Total Assets is connected with ROA %.

Al Ansari Financial Services's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=394.976/( (3094.168+3207.398)/ 2 )
=394.976/3150.783
=12.54 %

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.

Al Ansari Financial Services's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=274.726/( (3094.168+3207.398)/ 2 )
=274.726/3150.783
=0.09

* 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.

Al Ansari Financial Services Total Assets Related Terms

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Al Ansari Financial Services (DFM:ALANSARI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ansari Financial Services (DFM:ALANSARI) » Definitions » Total Assets
Comparable Companies
DFM:ALRAMZ DFM:BHMCAPITAL MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688 HKSE:03908 SHSE:601211 LPLA SHSE:600999 SHSE:600837 SZSE:000776 SZSE:000166 HKSE:06881
Traded in Other Exchanges
N/A
Address
Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE
Website
https://www.aafs.ae
Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

Al Ansari Financial Services (DFM:ALANSARI) Headlines

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