Zain Al-Iraq Islamic Bank for Investment (IQS:MTMT) Total Assets: ع.د615,303 Mil (As of Dec. 2022)

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What is Zain Al-Iraq Islamic Bank for Investment Total Assets?

Zain Al-Iraq Islamic Bank for Investment IQS:MTMT Total Assets is ع.د615,303 Mil as of Dec. 2022.

Zain Al-Iraq Islamic Bank for Investment's Total Assets for the quarter that ended in Dec. 2022 was ع.د615,303 Mil.

Total Assets is connected with ROA %. Zain Al-Iraq Islamic Bank for Investment's annualized ROA % for the quarter that ended in Dec. 2022 was -0.21%. Total Assets is also linked to Revenue through Asset Turnover. Zain Al-Iraq Islamic Bank for Investment's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.


Zain Al-Iraq Islamic Bank for Investment  (IQS:MTMT) Total Assets Explanation

Total Assets is connected with ROA %.

Zain Al-Iraq Islamic Bank for Investment's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=-1214.676/( (561182.336+615302.85)/ 2 )
=-1214.676/588242.593
=-0.21 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Zain Al-Iraq Islamic Bank for Investment's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (561182.336+615302.85)/ 2 )
=0/588242.593
=0.00

* 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.

Zain Al-Iraq Islamic Bank for Investment Total Assets Related Terms


Zain Al-Iraq Islamic Bank for Investment Total Assets Historical Data

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The historical data trend for Zain Al-Iraq Islamic Bank for Investment'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.

Zain Al-Iraq Islamic Bank for Investment Total Assets Chart

Zain Al-Iraq Islamic Bank for Investment Annual Data
Trend Dec21 Dec22
Total Assets
406,203.79 615,302.85

Zain Al-Iraq Islamic Bank for Investment Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Total Assets Get a 7-Day Free Trial 406,203.79 450,801.93 520,594.72 561,182.34 615,302.85

Zain Al-Iraq Islamic Bank for Investment 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.

Zain Al-Iraq Islamic Bank for Investment's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=245210.311+370092.539
=615,303

Zain Al-Iraq Islamic Bank for Investment's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=245210.311+370092.539
=615,303

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ع.د615,303 Mil mean?
Zain Al-Iraq Islamic Bank for Investment (IQS:MTMT) has a Total Assets of ع.د615,303 Mil as of Dec. 2022. The total amount of assets as recorded on a company's balance sheet. View historical data on Zain Al-Iraq Islamic Bank for Investment and its competitors.
Is Zain Al-Iraq Islamic Bank for Investment's Total Assets too high?
Zain Al-Iraq Islamic Bank for Investment's current Total Assets is ع.د615,303 Mil.
How does Zain Al-Iraq Islamic Bank for Investment's Total Assets compare to ?
Zain Al-Iraq Islamic Bank for Investment's Total Assets of ع.د615,303 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Banks company?
A good Total Assets depends on the Banks industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Zain Al-Iraq Islamic Bank for Investment and its competitors. Zain Al-Iraq Islamic Bank for Investment's current Total Assets is ع.د615,303 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zain Al-Iraq Islamic Bank for Investment stock overvalued right now?
Zain Al-Iraq Islamic Bank for Investment (IQS:MTMT) has a current Total Assets of ع.د615,303 Mil. The current Total Assets is ع.د615,303 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Zain Al-Iraq Islamic Bank for Investment (IQS:MTMT), the current Total Assets is ع.د615,303 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zain Al-Iraq Islamic Bank for Investment Business Description

Comparable Companies
Address Harthiya, Behind Al-Jibji Hospital, Al-Kazemi Complex, Location 212/Z25/Dar 46/1, Baghdad, IRQ
Zain Al-Iraq Islamic Bank for Investment is an Iraq-based company. It provides bank services such as Deposits and bank accounts, Islamic financing, Electronic payment services, Remittance services, Documentary credits, Letters of guarantee, and Mobile banking services.