United Foods Co PSC (DFM:UFC) Total Assets : د.إ439.0 Mil (As of Mar. 2024)

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What is United Foods Co PSC Total Assets?

United Foods Co PSC's Total Assets for the quarter that ended in Mar. 2024 was د.إ439.0 Mil.

During the past 12 months, United Foods Co PSC's average Total Assets Growth Rate was -3.90% 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 5.30% per year. During the past 10 years, the average Total Assets Growth Rate was 3.70% per year.

During the past 13 years, United Foods Co PSC's highest 3-Year average Total Assets Growth Rate was 11.10%. The lowest was -2.70%. And the median was 6.15%.

Total Assets is connected with ROA %. United Foods Co PSC's annualized ROA % for the quarter that ended in Mar. 2024 was 13.42%. Total Assets is also linked to Revenue through Asset Turnover. United Foods Co PSC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.37.

United Foods Co PSC Total Assets Historical Data

The historical data trend for United Foods Co 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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United Foods Co PSC Total Assets Chart

United Foods Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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342.04

371.52

372.41

388.22

414.55

United Foods Co PSC 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															395.09	396.99	385.08	414.55	439.00

United Foods Co 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.

United Foods Co 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 )
	=	331.683	+	82.868
	=	414.6

United Foods Co PSC'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 )
	=	346.179	+	92.816
	=	439.0

United Foods Co PSC (DFM:UFC) Total Assets Explanation

Total Assets is connected with ROA %.

United Foods Co PSC'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 )
	=	57.292	/	( (414.551	+	438.996)	/ 2 )
	=	57.292	/	426.7735
	=	13.42 %

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 Foods Co PSC'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 )
=	156.98	/	( (414.551	+	438.996)	/ 2 )
=	156.98	/	426.7735
=	0.37

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 Foods Co PSC Total Assets Related Terms

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United Foods Co PSC (DFM:UFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Foods Co PSC (DFM:UFC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Quoz 1, P.O. Box 5836, Dubai, ARE

Website

https://www.unitedfoods.ae

United Foods Co PSC is engaged in manufacturing, processing, and marketing of vegetable ghee, cooking oil, margarine, butter products, and fat including trading of other food products. Geographically, It operates in the United Arab Emirates, GCC other than UAE and the rest of the world, out of which the majority is from the United Arab Emirates. The Company operates under the following brands- Aseel, Nawar, Safi, Mumtaz, Della Terra and Super Sun. The company's business units are Oil & Fats, Frozen & Chilled and Water & Beverages.

United Foods Co PSC (DFM:UFC) Headlines

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