Methaq Takaful Insurance Co PSC (ADX:METHAQ) Total Assets: د.إ779.6 Mil (As of Dec. 2022)

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ADX:METHAQ Methaq Takaful Insurance Co PSC ADX:METHAQ
5 GF Score
Price د.إ2.01
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What is Methaq Takaful Insurance Co PSC Total Assets?

Methaq Takaful Insurance Co PSC ADX:METHAQ 5 Total Assets is د.إ779.6 Mil as of Dec. 2022. GuruFocus rates ADX:METHAQ with a GF Score™ of 5/100.

Methaq Takaful Insurance Co PSC's Total Assets for the quarter that ended in Dec. 2022 was د.إ779.6 Mil.

Total Assets is connected with ROA %. Methaq Takaful Insurance Co PSC's annualized ROA % for the quarter that ended in Dec. 2022 was 14.82%. Total Assets is also linked to Revenue through Asset Turnover. Methaq Takaful Insurance Co PSC's Asset Turnover for the quarter that ended in Dec. 2022 was 0.11.

Methaq Takaful Insurance Co PSC  (ADX:METHAQ) Total Assets Explanation

Total Assets is connected with ROA %.

Methaq Takaful Insurance Co PSC's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=111.784/( (729.251+779.63)/ 2 )
=111.784/754.4405
=14.82 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Methaq Takaful Insurance Co PSC's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=82.871/( (729.251+779.63)/ 2 )
=82.871/754.4405
=0.11

* 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.

Methaq Takaful Insurance Co PSC Total Assets Related Terms

Methaq Takaful Insurance Co PSC Total Assets Historical Data

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The historical data trend for Methaq Takaful Insurance Co PSC'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.

Methaq Takaful Insurance Co PSC Total Assets Chart

Methaq Takaful Insurance Co PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 623.66 685.35 711.12 759.92 779.63

Methaq Takaful Insurance Co PSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 759.92 726.27 713.24 729.25 779.63
ADX:METHAQ
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Methaq Takaful Insurance Co PSC ADX:METHAQ
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Methaq Takaful Insurance Co PSC 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.

Methaq Takaful Insurance Co PSC'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 )
=98.701+680.93
=779.6

Methaq Takaful Insurance Co PSC's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=98.701+680.93
=779.6

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of د.إ779.6 Mil mean?
Methaq Takaful Insurance Co PSC (ADX:METHAQ) has a Total Assets of د.إ779.6 Mil as of Dec. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Methaq Takaful Insurance Co PSC and its competitors.
Is Methaq Takaful Insurance Co PSC's Total Assets too high?
Methaq Takaful Insurance Co PSC's current Total Assets is د.إ779.6 Mil. Overall, Methaq Takaful Insurance Co PSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Methaq Takaful Insurance Co PSC's Total Assets compare to BRK.A and AIG?
Methaq Takaful Insurance Co PSC's Total Assets of د.إ779.6 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Insurance company?
A good Total Assets depends on the Insurance industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Methaq Takaful Insurance Co PSC and its competitors. Methaq Takaful Insurance Co PSC's current Total Assets is د.إ779.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methaq Takaful Insurance Co PSC stock overvalued right now?
Methaq Takaful Insurance Co PSC (ADX:METHAQ) has a current Total Assets of د.إ779.6 Mil. The current Total Assets is د.إ779.6 Mil. Methaq Takaful Insurance Co PSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Methaq Takaful Insurance Co PSC (ADX:METHAQ), the current Total Assets is د.إ779.6 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Methaq Takaful Insurance Co PSC Business Description

Address Mezzanine floor, Liwa Tower, P.O. Box 32774, Same building for Ministry of Economic, ADNEC Area, Abu Dhabi, ARE
Methaq Takaful Insurance Co PSC offers a range of insurance and reinsurance products and services to individuals and corporates. The objective of the company is to offer Individuals and Corporations a complete range of high quality, flexible, integrated, Shariah-compliant insurance products & services, in association with selected Distribution Partners. Its product line includes accident, travel, marine and air transport insurance and reinsurance products, among others.
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