Union Properties PJSC's Total Assets for the quarter that ended in Mar. 2024 was د.إ4,655.5 Mil.
During the past 12 months, Union Properties PJSC's average Total Assets Growth Rate was 18.00% per year.
During the past 3 years, the average Total Assets Growth Rate was -7.10% per year.
During the past 5 years, the average Total Assets Growth Rate was -6.70% per year.
During the past 10 years, the average Total Assets Growth Rate was -6.00% per year.
During the past 13 years, Union Properties PJSC's highest 3-Year average Total Assets Growth Rate was 57.10%. The lowest was -22.10%. And the median was -6.20%.
Union Properties PJSC Total Assets Historical Data
The historical data trend for Union Properties 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.
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.
Union Properties PJSC's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Union Properties PJSC (DFM:UPP) 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.
Union Properties PJSC'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.
Union Properties PJSC Total Assets Related Terms
Thank you for viewing the detailed overview of Union Properties PJSC's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Union Properties PJSC (DFM:UPP) Business Description
Union Properties PJSC is a property development company in the United Arab Emirates. The company has a wide range of projects in its portfolio, including residential, industrial, and leisure development projects. The firm operates out of three segments: real estate, contracting, and goods and services. Property rentals and sales compose the real estate segment. The firm's contracting sector involves mechanical, electrical, and plumbing work, as well as interior architecture construction. In goods and services, the company offers facility management and maintenance services, motor racing services, and sale of goods. The majority of the company's revenue is generated from the goods and services segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DFM:UPP has been successfully added to your 