IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Total Assets : KWD211.26 Mil (As of Mar. 2024)

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What is IFA Hotels & Resorts Co KSCC Total Assets?

IFA Hotels & Resorts Co KSCC's Total Assets for the quarter that ended in Mar. 2024 was KWD211.26 Mil.

During the past 12 months, IFA Hotels & Resorts Co KSCC's average Total Assets Growth Rate was 10.60% per year. During the past 3 years, the average Total Assets Growth Rate was -5.70% per year. During the past 5 years, the average Total Assets Growth Rate was -7.90% per year. During the past 10 years, the average Total Assets Growth Rate was -6.40% per year.

During the past 13 years, IFA Hotels & Resorts Co KSCC's highest 3-Year average Total Assets Growth Rate was 20.00%. The lowest was -10.50%. And the median was -5.30%.

Total Assets is connected with ROA %. IFA Hotels & Resorts Co KSCC's annualized ROA % for the quarter that ended in Mar. 2024 was 7.96%. Total Assets is also linked to Revenue through Asset Turnover. IFA Hotels & Resorts Co KSCC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

IFA Hotels & Resorts Co KSCC Total Assets Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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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IFA Hotels & Resorts Co KSCC Total Assets Chart

IFA Hotels & Resorts Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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267.99

242.14

232.60

198.47

206.88

IFA Hotels & Resorts Co KSCC 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															198.31	191.28	199.74	206.88	211.26

IFA Hotels & Resorts Co KSCC 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.

IFA Hotels & Resorts Co KSCC'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 )
	=	52.171	+	154.707
	=	206.88

IFA Hotels & Resorts Co KSCC'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 )
	=	57.689	+	153.575
	=	211.26

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Total Assets Explanation

Total Assets is connected with ROA %.

IFA Hotels & Resorts Co KSCC'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 )
	=	16.644	/	( (206.878	+	211.264)	/ 2 )
	=	16.644	/	209.071
	=	7.96 %

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.

IFA Hotels & Resorts Co KSCC'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 )
=	10.414	/	( (206.878	+	211.264)	/ 2 )
=	10.414	/	209.071
=	0.05

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.

IFA Hotels & Resorts Co KSCC Total Assets Related Terms

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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IFA Hotels & Resorts Co KSCC (KUW:IFAHR) » Definitions » Total Assets

Comparable Companies

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Address

Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047

Website

https://www.ifahotelsresorts.com

IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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