Dubai Islamic Bank PJSC's Total Assets for the quarter that ended in Mar. 2024 was د.إ327,314 Mil.
Warning Sign:
If a company builds assets at 5.1% a year, faster than its revenue growth rate of 2.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Dubai Islamic Bank PJSC's average Total Assets Growth Rate was 14.50% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.70% per year.
During the past 13 years, Dubai Islamic Bank PJSC's highest 3-Year average Total Assets Growth Rate was 41.70%. The lowest was -1.30%. And the median was 8.70%.
* 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.
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.
Dubai Islamic Bank PJSC's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Dubai Islamic Bank PJSC (DFM:DIB) Total Assets Explanation
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.
Dubai Islamic Bank PJSC's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Dubai Islamic Bank PJSC Total Assets Related Terms
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Dubai Islamic Bank PJSC (DFM:DIB) Business Description
Dubai Islamic Bank PJSC is a full-service Islamic bank is engaged in corporate, retail, and investment banking activities. Contracts in the form of Murabahas and leases in the form of Ijarahs constitute a majority of the bank's financing and investment assets. Most of its financing and investment arrangements are made within the United Arab Emirates, a large portion of which are in consumer financing, real estate and contracting, consumer home finance, and services and manufacturing.
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