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ADNOC Logistics & Services (ADX:ADNOCLS) Total Assets : د.إ21,104 Mil (As of Dec. 2023)


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What is ADNOC Logistics & Services Total Assets?

ADNOC Logistics & Services's Total Assets for the quarter that ended in Dec. 2023 was د.إ21,104 Mil.

During the past 12 months, ADNOC Logistics & Services's average Total Assets Growth Rate was 27.30% per year.

Total Assets is connected with ROA %. ADNOC Logistics & Services's annualized ROA % for the quarter that ended in Dec. 2023 was 12.10%. Total Assets is also linked to Revenue through Asset Turnover. ADNOC Logistics & Services's Asset Turnover for the quarter that ended in Dec. 2023 was 0.54.


ADNOC Logistics & Services Total Assets Historical Data

The historical data trend for ADNOC Logistics & Services'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.

ADNOC Logistics & Services Total Assets Chart

ADNOC Logistics & Services Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
9,870.25 16,559.76 21,104.07

ADNOC Logistics & Services Semi-Annual Data
Dec21 Dec22 Dec23
Total Assets 9,870.25 16,559.76 21,104.07

ADNOC Logistics & Services 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.

ADNOC Logistics & Services'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 )
=16183.353+4920.722
=21,104

ADNOC Logistics & Services'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 )
=16183.353+4920.722
=21,104

* 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.


ADNOC Logistics & Services  (ADX:ADNOCLS) Total Assets Explanation

Total Assets is connected with ROA %.

ADNOC Logistics & Services's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=2277.869/( (16559.758+21104.074)/ 2 )
=2277.869/18831.916
=12.10 %

Note: The Net Income data used here is one times the annual (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.

ADNOC Logistics & Services's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=10119.786/( (16559.758+21104.074)/ 2 )
=10119.786/18831.916
=0.54

* 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.

ADNOC Logistics & Services Total Assets Related Terms

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ADNOC Logistics & Services (ADX:ADNOCLS) Business Description

Traded in Other Exchanges
N/A
Address
Abu Dhabi Global Market Square, Part of Level 28, 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE, 764649
ADNOC Logistics & Services plc provides fully-integrated, end-to-end services to ADNOC Group companies and our extensive range of customers in the global energy maritime industry. Its business is organised into six operating segments plus others namely tankers, gas carriers, dry bulk shipping (which includes containers), offshore logistics services, onshore logistics services, marine services, and others.

ADNOC Logistics & Services (ADX:ADNOCLS) Headlines

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