Future Arab Investment (AMM:FUTR) Total Assets : JOD29.40 Mil (As of Sep. 2024)

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What is Future Arab Investment Total Assets?

Future Arab Investment's Total Assets for the quarter that ended in Sep. 2024 was JOD29.40 Mil.

During the past 12 months, Future Arab Investment's average Total Assets Growth Rate was 13.80% per year. During the past 3 years, the average Total Assets Growth Rate was -3.50% per year. During the past 5 years, the average Total Assets Growth Rate was -4.10% per year. During the past 10 years, the average Total Assets Growth Rate was 0.70% per year.

During the past 13 years, Future Arab Investment's highest 3-Year average Total Assets Growth Rate was 47.50%. The lowest was -11.90%. And the median was -3.50%.

Total Assets is connected with ROA %. Future Arab Investment's annualized ROA % for the quarter that ended in Sep. 2024 was 4.71%. Total Assets is also linked to Revenue through Asset Turnover. Future Arab Investment's Asset Turnover for the quarter that ended in Sep. 2024 was 0.19.

Future Arab Investment Total Assets Historical Data

The historical data trend for Future Arab Investment'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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Future Arab Investment Total Assets Chart

Future Arab Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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29.97

28.30

27.31

26.73

25.46

Future Arab Investment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															25.74	25.46	26.57	28.86	29.40

Future Arab Investment 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.

Future Arab Investment'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 )
	=	19.479	+	5.978
	=	25.46

Future Arab Investment's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	19.566	+	9.83
	=	29.40

Future Arab Investment (AMM:FUTR) Total Assets Explanation

Total Assets is connected with ROA %.

Future Arab Investment's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	1.372	/	( (28.857	+	29.396)	/ 2 )
	=	1.372	/	29.1265
	=	4.71 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Future Arab Investment's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	5.647	/	( (28.857	+	29.396)	/ 2 )
=	5.647	/	29.1265
=	0.19

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.

Future Arab Investment Total Assets Related Terms

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Future Arab Investment Business Description

Industry

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Address

128 Sharif Naser Street, Sport City Circle, P.O. Box 20082, Quqa Group Building, Al-Shimaisani, Amman, JOR, 11118

Website

http://www.fainvest.com

Future Arab Investment is a Jordan-based company engaged in the provision of investment project surveys. It is involved in the establishment, development, sale, rental, and management of movable and immovable properties; contribution to other companies; business development; and project management. The revenue is earned from the sale of vehicles, machines, and raw materials; rendering of services; and dividend and interest income.

Future Arab Investment Headlines

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