Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) Total Assets: JOD11.69 Mil (As of Dec. 2023)


What is Rum Group for Transportation & Tourism Investment PSC Total Assets?

Rum Group for Transportation & Tourism Investment PSC AMM:RUMM Total Assets is JOD11.69 Mil as of Dec. 2023.

Rum Group for Transportation & Tourism Investment PSC's Total Assets for the quarter that ended in Dec. 2023 was JOD11.69 Mil.

Total Assets is connected with ROA %. Rum Group for Transportation & Tourism Investment PSC's annualized ROA % for the quarter that ended in Dec. 2023 was -24.80%. Total Assets is also linked to Revenue through Asset Turnover. Rum Group for Transportation & Tourism Investment PSC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Rum Group for Transportation & Tourism Investment PSC  (AMM:RUMM) Total Assets Explanation

Total Assets is connected with ROA %.

Rum Group for Transportation & Tourism Investment PSC's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-3/( (12.5+11.69)/ 2 )
=-3/12.095
=-24.80 %

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

Rum Group for Transportation & Tourism Investment PSC's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.268/( (12.5+11.69)/ 2 )
=0.268/12.095
=0.02

* 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.

Rum Group for Transportation & Tourism Investment PSC Total Assets Related Terms

Rum Group for Transportation & Tourism Investment PSC Total Assets Historical Data

* Premium members only.

The historical data trend for Rum Group for Transportation & Tourism Investment 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.

Rum Group for Transportation & Tourism Investment PSC Total Assets Chart

Rum Group for Transportation & Tourism Investment PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.54 28.81 26.33 14.78 11.69

Rum Group for Transportation & Tourism Investment PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.78 14.30 13.08 12.50 11.69

Rum Group for Transportation & Tourism Investment 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.

Rum Group for Transportation & Tourism Investment PSC'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 )
=0.726+11.69
=12.42

Rum Group for Transportation & Tourism Investment PSC'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 )
=0.726+11.69
=12.42

* 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 JOD11.69 Mil mean?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a Total Assets of JOD11.69 Mil as of Dec. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Rum Group for Transportation & Tourism Investment PSC and its competitors.
Is Rum Group for Transportation & Tourism Investment PSC's Total Assets too high?
Rum Group for Transportation & Tourism Investment PSC's current Total Assets is JOD11.69 Mil.
How does Rum Group for Transportation & Tourism Investment PSC's Total Assets compare to BKNG and ABNB?
Rum Group for Transportation & Tourism Investment PSC's Total Assets of JOD11.69 Mil can be compared against companies in the Travel & Leisure 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 a Travel & Leisure company?
A good Total Assets depends on the Travel & Leisure 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 Rum Group for Transportation & Tourism Investment PSC and its competitors. Rum Group for Transportation & Tourism Investment PSC's current Total Assets is JOD11.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rum Group for Transportation & Tourism Investment PSC stock overvalued right now?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a current Total Assets of JOD11.69 Mil. The current Total Assets is JOD11.69 Mil. 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 Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM), the current Total Assets is JOD11.69 Mil as of Dec. 2023. 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.

Rum Group for Transportation & Tourism Investment PSC Business Description

Address Airport Street, Close to Maa'daba Bridge, P.O. Box 921513, Amman, JOR, 11192
Rum Group for Transportation & Tourism Investment PSC provides tour services. The company provides tourist land transportation Inside and Outside Jordan, owns and operates hotels, aircraft leasing, low-cost airlines, insurance and financial brokerage. The company's brands include Rum Trans, Rum Hotels, and RUM Aviation.