Response Plus Holding (ADX:RPM) Total Assets : د.إ298.2 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Response Plus Holding Total Assets?

Response Plus Holding's Total Assets for the quarter that ended in Dec. 2023 was د.إ298.2 Mil.

During the past 12 months, Response Plus Holding's average Total Assets Growth Rate was 15.30% per year. During the past 3 years, the average Total Assets Growth Rate was 260.80% per year.

During the past 4 years, Response Plus Holding's highest 3-Year average Total Assets Growth Rate was 260.80%. The lowest was 260.80%. And the median was 260.80%.

Total Assets is connected with ROA %. Response Plus Holding's annualized ROA % for the quarter that ended in Dec. 2023 was 16.02%. Total Assets is also linked to Revenue through Asset Turnover. Response Plus Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.62.

Response Plus Holding Total Assets Historical Data

The historical data trend for Response Plus Holding'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.

Response Plus Holding Total Assets Chart

Response Plus Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

5.62

306.66

314.33

298.19

Response Plus Holding Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			306.66	323.73	314.33	271.20	298.19

Response Plus Holding 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.

Response Plus Holding'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 )
	=	230.041	+	68.145
	=	298.2

Response Plus Holding'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 )
	=	230.041	+	68.145
	=	298.2

Response Plus Holding (ADX:RPM) Total Assets Explanation

Total Assets is connected with ROA %.

Response Plus Holding's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	45.598	/	( (271.204	+	298.185)	/ 2 )
	=	45.598	/	284.6945
	=	16.02 %

Note: The Net Income data used here is two times the semi-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.

Response Plus Holding's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	176.827	/	( (271.204	+	298.185)	/ 2 )
=	176.827	/	284.6945
=	0.62

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.

Response Plus Holding Total Assets Related Terms

Thank you for viewing the detailed overview of Response Plus Holding's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Response Plus Holding (ADX:RPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Response Plus Holding (ADX:RPM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Burjeel Medical City, MBZ City, P.O. Box 130336, Zone D, 3rd Floor, Abu Dhabi, ARE

Website

https://rpm.ae

Response Plus Holding is engaged in the supply of manpower and medical equipment and the management of hospitals, clinics, and medical centers. The company's business activities are; healthcare services, investment in the healthcare-related business, investing in real estate and movables necessary for carrying out its activities, and management of affiliated companies. Geographically, it operates in the following markets; United Arab Emirates, Kingdom of Saudi Arabia, and Sultanate of Oman. Out of which a majority of its revenue comes from the United Arab Emirates market.