Abu Dhabi Islamic Bank's Total Assets for the quarter that ended in Mar. 2024 was د.إ194,647 Mil.
Warning Sign:
If a company builds assets at 8.3% a year, faster than its revenue growth rate of 5.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Abu Dhabi Islamic Bank's average Total Assets Growth Rate was 10.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.20% per year.
During the past 13 years, Abu Dhabi Islamic Bank's highest 3-Year average Total Assets Growth Rate was 70.70%. The lowest was 1.60%. And the median was 10.00%.
* 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.
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.
Abu Dhabi Islamic Bank's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Abu Dhabi Islamic Bank (ADX:ADIB) Total Assets Explanation
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.
Abu Dhabi Islamic Bank's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Abu Dhabi Islamic Bank Total Assets Related Terms
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Abu Dhabi Islamic Bank (ADX:ADIB) Business Description
Abu Dhabi Islamic Bank is a banking corporation based in the United Arab Emirates. It is one of the regional Islamic services groups having a presence in countries like Egypt, Iraq, Saudi Arabia, and Qatar and generates its revenues from its foreign operations. Its activities like banking, financing, and investing are the pillars of its business. The banking and financing services comprise regional banking operations such as retail banking and its investing business includes capital market operations. The company conducts its operations through retail banking, which is its main revenue generator, wholesale banking, private banking, treasury, real estate other segments.
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