Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Total Assets : KWD198.82 Mil (As of Dec. 2023)

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What is Kuwait Reinsurance Co KSC Total Assets?

Kuwait Reinsurance Co KSC's Total Assets for the quarter that ended in Dec. 2023 was KWD198.82 Mil.

Warning Sign:

If a company builds assets at 12% a year, faster than its revenue growth rate of 10.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Kuwait Reinsurance Co KSC's average Total Assets Growth Rate was -4.20% per year. During the past 3 years, the average Total Assets Growth Rate was 9.80% per year. During the past 5 years, the average Total Assets Growth Rate was 12.00% per year. During the past 10 years, the average Total Assets Growth Rate was 9.90% per year.

During the past 13 years, Kuwait Reinsurance Co KSC's highest 3-Year average Total Assets Growth Rate was 26.30%. The lowest was -2.30%. And the median was 9.80%.

Total Assets is connected with ROA %. Kuwait Reinsurance Co KSC's annualized ROA % for the quarter that ended in Dec. 2023 was 7.21%. Total Assets is also linked to Revenue through Asset Turnover. Kuwait Reinsurance Co KSC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Kuwait Reinsurance Co KSC Total Assets Historical Data

The historical data trend for Kuwait Reinsurance Co KSC'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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Kuwait Reinsurance Co KSC Total Assets Chart

Kuwait Reinsurance Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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149.39

161.27

191.47

213.74

198.82

Kuwait Reinsurance Co KSC 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															213.74	239.99	180.30	188.46	198.82

Kuwait Reinsurance Co KSC 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.

Kuwait Reinsurance Co KSC'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 )
	=	79.687	+	119.134
	=	198.82

Kuwait Reinsurance Co KSC'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 )
	=	79.687	+	119.134
	=	198.82

Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Total Assets Explanation

Total Assets is connected with ROA %.

Kuwait Reinsurance Co KSC'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 )
	=	13.964	/	( (188.457	+	198.821)	/ 2 )
	=	13.964	/	193.639
	=	7.21 %

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.

Kuwait Reinsurance Co KSC'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 )
=	8.048	/	( (188.457	+	198.821)	/ 2 )
=	8.048	/	193.639
=	0.04

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.

Kuwait Reinsurance Co KSC Total Assets Related Terms

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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kuwait Reinsurance Co KSC (KUW:KUWAITRE) » Definitions » Total Assets

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Address

Al-Shuhada's Street, Kuwait Return Tower- 8, 9, 13 Floors, Al Sharq District, Kuwait, KWT

Website

https://www.kuwaitre.com

Kuwait Reinsurance Co KSC operates as a reinsurance company. It provides traditional and tailored reinsurance solutions to its customers in the energy sector in Kuwait. The company provides tailored risk solutions for a variety of industries. Their operating segments include Fire, General Accident, Marine, Energy, Aviation, and life. The majority of the revenue is derived from its fire insurance business. The company's activities are spread across Kuwait, the Middle East, and North Africa.

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