Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Total Assets : د.إ977.8 Mil (As of Dec. 2023)

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What is Dubai National Insurance & Reinsurance PSC Total Assets?

Dubai National Insurance & Reinsurance PSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ977.8 Mil.

During the past 12 months, Dubai National Insurance & Reinsurance PSC's average Total Assets Growth Rate was 3.40% per year. During the past 3 years, the average Total Assets Growth Rate was -30.70% per year. During the past 5 years, the average Total Assets Growth Rate was -7.90% per year. During the past 10 years, the average Total Assets Growth Rate was 3.40% per year.

During the past 13 years, Dubai National Insurance & Reinsurance PSC's highest 3-Year average Total Assets Growth Rate was 40.70%. The lowest was -30.70%. And the median was 1.90%.

Total Assets is connected with ROA %. Dubai National Insurance & Reinsurance PSC's annualized ROA % for the quarter that ended in Dec. 2023 was 5.25%. Total Assets is also linked to Revenue through Asset Turnover. Dubai National Insurance & Reinsurance PSC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Dubai National Insurance & Reinsurance PSC Total Assets Historical Data

The historical data trend for Dubai National Insurance & Reinsurance 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.

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Dubai National Insurance & Reinsurance PSC Total Assets Chart

Dubai National Insurance & Reinsurance PSC Annual Data

Trend

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Dec23

Total Assets

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1,080.60

998.90

1,024.60

965.11

977.81

Dubai National Insurance & Reinsurance 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															965.11	914.20	930.24	953.15	977.81

Dubai National Insurance & Reinsurance 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.

Dubai National Insurance & Reinsurance 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 )
	=	722.655	+	255.15
	=	977.8

Dubai National Insurance & Reinsurance 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 )
	=	722.655	+	255.15
	=	977.8

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Total Assets Explanation

Total Assets is connected with ROA %.

Dubai National Insurance & Reinsurance 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 )
	=	50.66	/	( (953.151	+	977.805)	/ 2 )
	=	50.66	/	965.478
	=	5.25 %

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.

Dubai National Insurance & Reinsurance 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 )
=	62.992	/	( (953.151	+	977.805)	/ 2 )
=	62.992	/	965.478
=	0.07

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 National Insurance & Reinsurance PSC Total Assets Related Terms

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Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dubai National Insurance & Reinsurance PSC (DFM:DNIR) » Definitions » Total Assets

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Address

Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE

Website

https://www.dni.ae

Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Headlines

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