Al Ramz Investment and Development Company (DFM:ALRAMZ) Total Assets : د.إ1,234.3 Mil (As of Dec. 2023)

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What is Al Ramz Investment and Development Company Total Assets?

Al Ramz Investment and Development Company's Total Assets for the quarter that ended in Dec. 2023 was د.إ1,234.3 Mil.

During the past 12 months, Al Ramz Investment and Development Company's average Total Assets Growth Rate was 54.20% per year. During the past 3 years, the average Total Assets Growth Rate was 40.10% per year. During the past 5 years, the average Total Assets Growth Rate was 9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 77.60% per year.

During the past 12 years, Al Ramz Investment and Development Company's highest 3-Year average Total Assets Growth Rate was 2258.10%. The lowest was -21.40%. And the median was 12.80%.

Total Assets is connected with ROA %. Al Ramz Investment and Development Company's annualized ROA % for the quarter that ended in Dec. 2023 was 6.14%. Total Assets is also linked to Revenue through Asset Turnover. Al Ramz Investment and Development Company's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Al Ramz Investment and Development Company Total Assets Historical Data

The historical data trend for Al Ramz Investment and Development Company'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.

Al Ramz Investment and Development Company Total Assets Chart

Al Ramz Investment and Development Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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955.36

895.43

1,040.92

986.37

1,234.31

Al Ramz Investment and Development Company 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															986.37	1,046.47	978.77	1,115.55	1,234.31

Al Ramz Investment and Development Company 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.

Al Ramz Investment and Development Company'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 )
	=	551.925	+	682.381
	=	1,234.3

Al Ramz Investment and Development Company'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 )
	=	551.925	+	682.381
	=	1,234.3

Al Ramz Investment and Development Company (DFM:ALRAMZ) Total Assets Explanation

Total Assets is connected with ROA %.

Al Ramz Investment and Development Company'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 )
	=	72.184	/	( (1115.554	+	1234.306)	/ 2 )
	=	72.184	/	1174.93
	=	6.14 %

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.

Al Ramz Investment and Development Company'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 )
=	30.847	/	( (1115.554	+	1234.306)	/ 2 )
=	30.847	/	1174.93
=	0.03

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.

Al Ramz Investment and Development Company Total Assets Related Terms

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Al Ramz Investment and Development Company (DFM:ALRAMZ) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ramz Corporation Investment and Development Company (DFM:ALRAMZ) » Definitions » Total Assets

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Address

Rolex tower - 9th Floor, Dubai, ARE

Website

https://www.alramz.ae

Al Ramz Corporation Investment and Development Company is a financial institution providing a variety of services including asset management, corporate finance, lending, market making, liquidity providing, and research. The main activities of the company and its subsidiaries are to invest and manage commercial, industrial, and agricultural enterprises and to provide brokerage services including brokerage in selling and buying shares, margin trading, market making, and liquidity providing, and to perform all related transactions and activities.

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