First Investment Company (K.S.C.C.) (KUW:ALOLA) Total Assets : KWD78.54 Mil (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is First Investment Company (K.S.C.C.) Total Assets?

First Investment Company (K.S.C.C.)'s Total Assets for the quarter that ended in Dec. 2023 was KWD78.54 Mil.

During the past 12 months, First Investment Company (K.S.C.C.)'s average Total Assets Growth Rate was -6.80% per year. During the past 3 years, the average Total Assets Growth Rate was 2.80% per year. During the past 5 years, the average Total Assets Growth Rate was -4.30% per year. During the past 10 years, the average Total Assets Growth Rate was -3.30% per year.

During the past 13 years, First Investment Company (K.S.C.C.)'s highest 3-Year average Total Assets Growth Rate was 19.00%. The lowest was -19.80%. And the median was -4.80%.

Total Assets is connected with ROA %. First Investment Company (K.S.C.C.)'s annualized ROA % for the quarter that ended in Dec. 2023 was 3.09%. Total Assets is also linked to Revenue through Asset Turnover. First Investment Company (K.S.C.C.)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

First Investment Company (K.S.C.C.) Total Assets Historical Data

The historical data trend for First Investment Company (K.S.C.C.)'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.

First Investment Company (K.S.C.C.) Total Assets Chart

First Investment Company (K.S.C.C.) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

76.73

76.55

75.31

83.58

78.54

First Investment Company (K.S.C.C.) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															83.58	80.84	81.87	81.07	78.54

First Investment Company (K.S.C.C.) 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.

First Investment Company (K.S.C.C.)'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 )
	=	24.186	+	54.35
	=	78.54

First Investment Company (K.S.C.C.)'s Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	24.186	+	54.35
	=	78.54

First Investment Company (K.S.C.C.) (KUW:ALOLA) Total Assets Explanation

Total Assets is connected with ROA %.

First Investment Company (K.S.C.C.)'s annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	2.468	/	( (81.074	+	78.536)	/ 2 )
	=	2.468	/	79.805
	=	3.09 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

First Investment Company (K.S.C.C.)'s Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0.22	/	( (81.074	+	78.536)	/ 2 )
=	0.22	/	79.805
=	0.00

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.

First Investment Company (K.S.C.C.) Total Assets Related Terms

Thank you for viewing the detailed overview of First Investment Company (K.S.C.C.)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

First Investment Company (K.S.C.C.) (KUW:ALOLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Investment Company (K.S.C.C.) (KUW:ALOLA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Hamra Tower, AI Shahada Street, Floor 68, Sharq Area, Kuwait City, KWT, 13063

Website

https://www.fic.com.kw

First Investment Company (K.S.C.C.) is a provider of investment and financial services in Kuwait. The company's activities include financial brokerage activities, securities trading transitions including buying and selling stocks and bonds of governmental and non-governmental agencies and companies. It invests in Agriculture, Oil & Oil Products, Manufacturing, Utilities, Construction, Services Sectors, Trade, Hotels, Transport, Finance, Real Estate, and Social and Personal services sector. The company operates in Kuwait, Kingdom of Saudi Arabia, and Others geographical areas with the majority of the revenue deriving from Kuwait.

First Investment Company (K.S.C.C.) (KUW:ALOLA) Headlines

No Headlines