Gulf Hotels Group BSC (BAH:GHG) Total Assets : BHD107.08 Mil (As of Mar. 2024)

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What is Gulf Hotels Group BSC Total Assets?

Gulf Hotels Group BSC's Total Assets for the quarter that ended in Mar. 2024 was BHD107.08 Mil.

During the past 12 months, Gulf Hotels Group BSC's average Total Assets Growth Rate was 4.70% per year. During the past 3 years, the average Total Assets Growth Rate was -3.80% per year. During the past 5 years, the average Total Assets Growth Rate was -6.50% per year. During the past 10 years, the average Total Assets Growth Rate was 8.20% per year.

During the past 13 years, Gulf Hotels Group BSC's highest 3-Year average Total Assets Growth Rate was 30.90%. The lowest was -9.40%. And the median was 9.70%.

Total Assets is connected with ROA %. Gulf Hotels Group BSC's annualized ROA % for the quarter that ended in Mar. 2024 was 9.79%. Total Assets is also linked to Revenue through Asset Turnover. Gulf Hotels Group BSC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Gulf Hotels Group BSC Total Assets Historical Data

The historical data trend for Gulf Hotels Group BSC'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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Gulf Hotels Group BSC Total Assets Chart

Gulf Hotels Group BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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136.73

118.78

113.45

111.78

110.50

Gulf Hotels Group BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															114.03	108.49	108.28	110.50	107.08

Gulf Hotels Group BSC 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.

Gulf Hotels Group BSC'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 )
	=	104.353	+	6.149
	=	110.50

Gulf Hotels Group BSC's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	101.085	+	5.993
	=	107.08

Gulf Hotels Group BSC (BAH:GHG) Total Assets Explanation

Total Assets is connected with ROA %.

Gulf Hotels Group BSC's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	10.652	/	( (110.502	+	107.078)	/ 2 )
	=	10.652	/	108.79
	=	9.79 %

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

Gulf Hotels Group BSC's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	8.983	/	( (110.502	+	107.078)	/ 2 )
=	8.983	/	108.79
=	0.08

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.

Gulf Hotels Group BSC Total Assets Related Terms

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Gulf Hotels Group BSC (BAH:GHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gulf Hotels Group BSC (BAH:GHG) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

P.O. Box 580, Manama, BHR

Website

http://www.gulfhotelsgroup.com

Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.