Ajial Real Estate & Entertainment Co (KUW:AREEC) Total Assets : KWD174.69 Mil (As of Mar. 2024)

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What is Ajial Real Estate & Entertainment Co Total Assets?

Ajial Real Estate & Entertainment Co's Total Assets for the quarter that ended in Mar. 2024 was KWD174.69 Mil.

During the past 12 months, Ajial Real Estate & Entertainment Co's average Total Assets Growth Rate was 0.60% per year. During the past 3 years, the average Total Assets Growth Rate was 4.80% per year. During the past 5 years, the average Total Assets Growth Rate was 5.50% per year. During the past 10 years, the average Total Assets Growth Rate was -0.90% per year.

During the past 13 years, Ajial Real Estate & Entertainment Co's highest 3-Year average Total Assets Growth Rate was 46.70%. The lowest was -25.20%. And the median was 3.70%.

Total Assets is connected with ROA %. Ajial Real Estate & Entertainment Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.18%. Total Assets is also linked to Revenue through Asset Turnover. Ajial Real Estate & Entertainment Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.

Ajial Real Estate & Entertainment Co Total Assets Historical Data

The historical data trend for Ajial Real Estate & Entertainment Co'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.

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Ajial Real Estate & Entertainment Co Total Assets Chart

Ajial Real Estate & Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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143.07

150.77

162.81

171.20

172.62

Ajial Real Estate & Entertainment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															171.73	172.29	172.17	172.62	174.69

Ajial Real Estate & Entertainment Co 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.

Ajial Real Estate & Entertainment Co'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 )
	=	136.691	+	35.928
	=	172.62

Ajial Real Estate & Entertainment Co'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 )
	=	136.482	+	38.208
	=	174.69

Ajial Real Estate & Entertainment Co (KUW:AREEC) Total Assets Explanation

Total Assets is connected with ROA %.

Ajial Real Estate & Entertainment Co'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 )
	=	7.252	/	( (172.619	+	174.69)	/ 2 )
	=	7.252	/	173.6545
	=	4.18 %

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.

Ajial Real Estate & Entertainment Co'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 )
=	1.898	/	( (172.619	+	174.69)	/ 2 )
=	1.898	/	173.6545
=	0.01

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.

Ajial Real Estate & Entertainment Co Total Assets Related Terms

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Ajial Real Estate & Entertainment Co (KUW:AREEC) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ajial Real Estate & Entertainment Co (KUW:AREEC) » Definitions » Total Assets

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Address

Al Hamra Tower, 26th Floor, Office No. 2, P.O. Box 22448, Safat, Kuwait City, KWT, 13085

Website

http://www.ajial-realestate.com

Ajial Real Estate & Entertainment Co is a real estate company. Its activities include buying and selling lands, renting and selling of real estate domestically and outside Kuwait, establishing and maintaining residential complexes, the building of commercial markets and entertainment centres, touristic facilities and special accommodations, provide contracting services and trading of building materials. The company's segments include Real estate investing activities that invests and trades in real estate and construction or development of real estate for the sale; and Equities and other investing activities that invest in financial and real estate funds and manages the group's liquidity requirements.

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