National Industries Group HoldingK (DFM:NIND) Total Assets : د.إ18,685 Mil (As of Sep. 2024)

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What is National Industries Group HoldingK Total Assets?

National Industries Group HoldingK's Total Assets for the quarter that ended in Sep. 2024 was د.إ18,685 Mil.

During the past 12 months, National Industries Group HoldingK's average Total Assets Growth Rate was 9.80% per year. During the past 3 years, the average Total Assets Growth Rate was 5.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.90% per year. During the past 10 years, the average Total Assets Growth Rate was 0.70% per year.

During the past 13 years, National Industries Group HoldingK's highest 3-Year average Total Assets Growth Rate was 125.30%. The lowest was -38.10%. And the median was 3.35%.

Total Assets is connected with ROA %. National Industries Group HoldingK's annualized ROA % for the quarter that ended in Sep. 2024 was 2.36%. Total Assets is also linked to Revenue through Asset Turnover. National Industries Group HoldingK's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.

National Industries Group HoldingK Total Assets Historical Data

The historical data trend for National Industries Group HoldingK'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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National Industries Group HoldingK Total Assets Chart

National Industries Group HoldingK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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14,843.64

14,161.35

15,265.46

16,515.95

17,905.65

National Industries Group HoldingK Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															17,253.49	17,905.65	18,516.67	18,543.18	18,684.85

National Industries Group HoldingK 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.

National Industries Group HoldingK'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 )
	=	7934.833	+	9970.814
	=	17,906

National Industries Group HoldingK's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	8444.138	+	10240.709
	=	18,685

National Industries Group HoldingK (DFM:NIND) Total Assets Explanation

Total Assets is connected with ROA %.

National Industries Group HoldingK's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	439.296	/	( (18543.179	+	18684.848)	/ 2 )
	=	439.296	/	18614.0135
	=	2.36 %

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

National Industries Group HoldingK's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	529.784	/	( (18543.179	+	18684.848)	/ 2 )
=	529.784	/	18614.0135
=	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.

National Industries Group HoldingK Total Assets Related Terms

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National Industries Group HoldingK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » National Industries Group Holding SAK (DFM:NIND) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NIND:Kuwait

Address

Shuwaikh - Jahra Road Interchange, P.O. Box 417, Beside kuwait Red Cresent Society, Safat, Kuwait City, KWT, 13005

Website

http://www.nig.com.kw

National Industries Group Holding SAK operates in investment and its objectives are owning stocks and shares, lending money, owning industrial equities such as patents, and royalties, and owning real estate and moveable property. The company has four segments: Investment and financial services, Real estate and construction, Specialist engineering and chemical, and IT services. Geographically, it generates the majority of revenue from the Kuwait region.

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