United Gulf Investment BSC (BAH:UGIC) Total Assets : BHD66.83 Mil (As of Mar. 2024)

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What is United Gulf Investment BSC Total Assets?

United Gulf Investment BSC's Total Assets for the quarter that ended in Mar. 2024 was BHD66.83 Mil.

During the past 12 months, United Gulf Investment BSC's average Total Assets Growth Rate was 12.90% per year. During the past 3 years, the average Total Assets Growth Rate was -1.70% per year. During the past 5 years, the average Total Assets Growth Rate was -1.20% per year. During the past 10 years, the average Total Assets Growth Rate was -3.00% per year.

During the past 13 years, United Gulf Investment BSC's highest 3-Year average Total Assets Growth Rate was 117.40%. The lowest was -8.10%. And the median was -1.70%.

Total Assets is connected with ROA %. United Gulf Investment BSC's annualized ROA % for the quarter that ended in Mar. 2024 was 4.54%. Total Assets is also linked to Revenue through Asset Turnover. United Gulf Investment BSC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.

United Gulf Investment BSC Total Assets Historical Data

The historical data trend for United Gulf Investment 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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United Gulf Investment BSC Total Assets Chart

United Gulf Investment BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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68.63

67.71

67.14

63.67

64.08

United Gulf Investment 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															65.76	65.06	66.40	64.08	66.83

United Gulf Investment 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.

United Gulf Investment 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 )
	=	38.798	+	25.284
	=	64.08

United Gulf Investment 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 )
	=	39.78	+	27.05
	=	66.83

United Gulf Investment BSC (BAH:UGIC) Total Assets Explanation

Total Assets is connected with ROA %.

United Gulf Investment 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 )
	=	2.972	/	( (64.082	+	66.83)	/ 2 )
	=	2.972	/	65.456
	=	4.54 %

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.

United Gulf Investment 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 )
=	10.868	/	( (64.082	+	66.83)	/ 2 )
=	10.868	/	65.456
=	0.17

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.

United Gulf Investment BSC Total Assets Related Terms

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United Gulf Investment BSC (BAH:UGIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » United Gulf Investment Corp BSC (BAH:UGIC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road 2832, Block 428, P.O. Box 10177, Almoayyed Tower, Office 3202, Building 2504, Al-Seef District, Manama, BHR

Website

https://www.ugiccorp.com

United Gulf Investment Corp BSC is engaged in property leasing, buying, and selling of properties for the company, third-grade industrial maintenance works, and investment in local industrial projects. The company's investment objective includes developing and promoting industrial, chemical, and energy-related projects, in the Gulf region, identifying and investing in direct investment opportunities and investing in listed stocks and other financial instruments. Its operating segment includes Smelting and Investment activities. The company generates maximum revenue from the Smelting segment. the company has two geographical segments; the Kingdom of Bahrain and the Kingdom of Saudi Arabia.