Alargan International Real Estate Co (KUW:ARGAN) Total Assets : KWD254.59 Mil (As of Mar. 2024)

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What is Alargan International Real Estate Co Total Assets?

Alargan International Real Estate Co's Total Assets for the quarter that ended in Mar. 2024 was KWD254.59 Mil.

Warning Sign:

If a company builds assets at 6.6% a year, faster than its revenue growth rate of 5.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Alargan International Real Estate Co's average Total Assets Growth Rate was 7.50% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was 6.60% per year. During the past 10 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 13 years, Alargan International Real Estate Co's highest 3-Year average Total Assets Growth Rate was 20.10%. The lowest was 1.40%. And the median was 7.70%.

Total Assets is connected with ROA %. Alargan International Real Estate Co's annualized ROA % for the quarter that ended in Mar. 2024 was -3.16%. Total Assets is also linked to Revenue through Asset Turnover. Alargan International Real Estate Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Alargan International Real Estate Co Total Assets Historical Data

The historical data trend for Alargan International Real Estate Co'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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Alargan International Real Estate Co Total Assets Chart

Alargan International Real Estate Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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226.45

231.21

229.93

237.11

254.85

Alargan International Real Estate Co 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															237.59	242.10	242.65	254.85	254.59

Alargan International Real Estate Co 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.

Alargan International Real Estate Co'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 )
	=	85.149	+	169.702
	=	254.85

Alargan International Real Estate Co'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 )
	=	83.834	+	170.76
	=	254.59

Alargan International Real Estate Co (KUW:ARGAN) Total Assets Explanation

Total Assets is connected with ROA %.

Alargan International Real Estate Co'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 )
	=	-8.056	/	( (254.851	+	254.594)	/ 2 )
	=	-8.056	/	254.7225
	=	-3.16 %

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.

Alargan International Real Estate Co'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 )
=	5.756	/	( (254.851	+	254.594)	/ 2 )
=	5.756	/	254.7225
=	0.02

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.

Alargan International Real Estate Co Total Assets Related Terms

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Alargan International Real Estate Co (KUW:ARGAN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alargan International Real Estate Co (KUW:ARGAN) » Definitions » Total Assets

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Address

Free Trade Zone, Argan Business Park, P.O.Box 8904, Shuwaikh (Block F98), Kuwait City, KWT, 22060

Website

http://www.alargan.com

Alargan International Real Estate Co is a real estate company in Kuwait. Its activities are represented primarily in real estate investment activity, contracting activities and hotels and resorts activities. Its operating segments include Real estate investment, Contracting, Hotels, and resorts. The group primarily operates inside Kuwait and outside Kuwait which includes the Kingdom of Saudi Arabia, Kingdom of Bahrain, Arab Republic of Egypt, Sultanate of Oman, and the Republic of Lebanon. Geographically the company receives maximum revenue from inside Kuwait.

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