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Al Ahlia Insurance CoOG (MUS:AINS) Total Assets : ر.ع75.71 Mil (As of Dec. 2021)


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What is Al Ahlia Insurance CoOG Total Assets?

Al Ahlia Insurance CoOG's Total Assets for the quarter that ended in Dec. 2021 was ر.ع75.71 Mil.

Total Assets is connected with ROA %. Al Ahlia Insurance CoOG's annualized ROA % for the quarter that ended in Dec. 2021 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Al Ahlia Insurance CoOG's Asset Turnover for the quarter that ended in Dec. 2021 was 0.00.


Al Ahlia Insurance CoOG Total Assets Historical Data

The historical data trend for Al Ahlia Insurance CoOG'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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Al Ahlia Insurance CoOG Total Assets Chart

Al Ahlia Insurance CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial 82.29 82.29 80.63 75.71 75.58

Al Ahlia Insurance CoOG Quarterly Data
Sep16 Dec16 Mar17 Sep17 Dec17 Mar18 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 82.29 82.29 80.63 75.71 75.58

Al Ahlia Insurance CoOG 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 Ahlia Insurance CoOG's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=40.735+34.84
=75.58

Al Ahlia Insurance CoOG'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 )
=40.314+35.394
=75.71

* 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 Ahlia Insurance CoOG  (MUS:AINS) Total Assets Explanation

Total Assets is connected with ROA %.

Al Ahlia Insurance CoOG's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %=Net Income (Q: Dec. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Dec. 2021 ))/ count )
=0/( (80.63+75.708)/ 2 )
=0/78.169
=0.00 %

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.

Al Ahlia Insurance CoOG's Asset Turnover for the quarter that ended in Dec. 2021 is

Asset Turnover
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Dec. 2021 ))/ count )
=0/( (80.63+75.708)/ 2 )
=0/78.169
=0.00

* 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 Ahlia Insurance CoOG Total Assets Related Terms

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Al Ahlia Insurance CoOG (MUS:AINS) Business Description

Traded in Other Exchanges
N/A
Address
Ominvest Business Center, P.O. Box 1463, Ruwi, Muscat, OMN, 112
Al Ahlia Insurance Co SAOG is a non-life insurance company in Oman. It mainly writes short-term insurance contracts covering general risks. The company has two reportable segments: Motor and Non-motor.

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