Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Total Assets : KWD150.42 Mil (As of Apr. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Arkan Al-Kuwait Real Estate Co KSCC Total Assets?

Arkan Al-Kuwait Real Estate Co KSCC's Total Assets for the quarter that ended in Apr. 2024 was KWD150.42 Mil.

Warning Sign:

If a company builds assets at 23.7% a year, faster than its revenue growth rate of 17.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Arkan Al-Kuwait Real Estate Co KSCC's average Total Assets Growth Rate was 1.50% per year. During the past 3 years, the average Total Assets Growth Rate was 22.60% per year. During the past 5 years, the average Total Assets Growth Rate was 23.70% per year. During the past 10 years, the average Total Assets Growth Rate was 16.10% per year.

During the past 13 years, Arkan Al-Kuwait Real Estate Co KSCC's highest 3-Year average Total Assets Growth Rate was 32.50%. The lowest was -7.10%. And the median was 12.90%.

Total Assets is connected with ROA %. Arkan Al-Kuwait Real Estate Co KSCC's annualized ROA % for the quarter that ended in Apr. 2024 was -0.36%. Total Assets is also linked to Revenue through Asset Turnover. Arkan Al-Kuwait Real Estate Co KSCC's Asset Turnover for the quarter that ended in Apr. 2024 was 0.02.

Arkan Al-Kuwait Real Estate Co KSCC Total Assets Historical Data

The historical data trend for Arkan Al-Kuwait Real Estate Co KSCC'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.

* Premium members only.

Arkan Al-Kuwait Real Estate Co KSCC Total Assets Chart

Arkan Al-Kuwait Real Estate Co KSCC Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

Get a 7-Day Free Trial

66.02

81.72

89.85

149.61

147.12

Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Total Assets	Get a 7-Day Free Trial															149.99	148.87	147.12	145.65	150.42

Arkan Al-Kuwait Real Estate Co KSCC 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.

Arkan Al-Kuwait Real Estate Co KSCC's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	44.874	+	102.248
	=	147.12

Arkan Al-Kuwait Real Estate Co KSCC's Total Assets for the quarter that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (Q: Apr. 2024 )	+	Total Liabilities (Q: Apr. 2024 )
	=	44.84	+	105.575
	=	150.42

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Total Assets Explanation

Total Assets is connected with ROA %.

Arkan Al-Kuwait Real Estate Co KSCC's annualized ROA % for the quarter that ended in Apr. 2024 is

ROA %	=	Net Income (Q: Apr. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Apr. 2024 ))	/ count )
	=	-0.528	/	( (145.65	+	150.415)	/ 2 )
	=	-0.528	/	148.0325
	=	-0.36 %

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

Arkan Al-Kuwait Real Estate Co KSCC's Asset Turnover for the quarter that ended in Apr. 2024 is

	Asset Turnover
=	Revenue (Q: Apr. 2024 )	/	( (Total Assets (Q: Jan. 2024 )	+	Total Assets (Q: Apr. 2024 ))	/ count )
=	2.71	/	( (145.65	+	150.415)	/ 2 )
=	2.71	/	148.0325
=	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.

Arkan Al-Kuwait Real Estate Co KSCC Total Assets Related Terms

Thank you for viewing the detailed overview of Arkan Al-Kuwait Real Estate Co KSCC's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alshuhadaa Street, P.O. Box 20678, Al Hamra Tower, 66th Floor, Sharq, Safat, Kuwait City, KWT, 13067

Website

https://www.arkanalkuwait.com

Arkan Al-Kuwait Real Estate Co KSCC is a real estate company that offers direct real estate investment and property management services. It is involved in the construction of Commercial and Residential projects. The firm offers consulting services, specialized investment studies, research, and feasibility reports. The company generates the majority of revenue from Rent.

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Headlines

No Headlines