Advanced Technology Co KSCC (KUW:ATC) Total Assets : KWD347.0 Mil (As of Dec. 2023)

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What is Advanced Technology Co KSCC Total Assets?

Advanced Technology Co KSCC's Total Assets for the quarter that ended in Dec. 2023 was KWD347.0 Mil.

During the past 12 months, Advanced Technology Co KSCC's average Total Assets Growth Rate was 12.60% per year. During the past 3 years, the average Total Assets Growth Rate was 2.30% per year. During the past 5 years, the average Total Assets Growth Rate was 3.00% per year. During the past 10 years, the average Total Assets Growth Rate was 16.90% per year.

During the past 13 years, Advanced Technology Co KSCC's highest 3-Year average Total Assets Growth Rate was 46.40%. The lowest was 2.30%. And the median was 14.35%.

Total Assets is connected with ROA %. Advanced Technology Co KSCC's annualized ROA % for the quarter that ended in Dec. 2023 was 1.33%. Total Assets is also linked to Revenue through Asset Turnover. Advanced Technology Co KSCC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.15.

Advanced Technology Co KSCC Total Assets Historical Data

The historical data trend for Advanced Technology 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.

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Advanced Technology Co KSCC Total Assets Chart

Advanced Technology Co KSCC Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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280.47

325.02

321.28

307.75

347.01

Advanced Technology Co KSCC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															307.75	338.21	342.88	348.55	347.01

Advanced Technology 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.

Advanced Technology Co KSCC'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 )
	=	72.308	+	274.698
	=	347.0

Advanced Technology Co KSCC's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	72.308	+	274.698
	=	347.0

Advanced Technology Co KSCC (KUW:ATC) Total Assets Explanation

Total Assets is connected with ROA %.

Advanced Technology Co KSCC's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	4.616	/	( (348.554	+	347.006)	/ 2 )
	=	4.616	/	347.78
	=	1.33 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Advanced Technology Co KSCC's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	51.918	/	( (348.554	+	347.006)	/ 2 )
=	51.918	/	347.78
=	0.15

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.

Advanced Technology Co KSCC Total Assets Related Terms

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Advanced Technology Co KSCC (KUW:ATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Advanced Technology Co KSCC (KUW:ATC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, Street 1 Opposite Layla Tower, Block 4, Salmiya, Hawali, Kuwait, KWT, 32060

Website

https://www.atc.com.kw

Advanced Technology Co KSCC is a medical equipment supplier to the Kuwait healthcare sector. Some of the services provided by the company are - Diagnostic imaging, Laboratory environmental management and Automation, Medical & surgical O.R solutions, Healthcare manpower services, and more. The firm operates in one business segment namely trading, installation, and maintenance of medical and healthcare-related products. It also engages in constructing, managing, and possessing hospitals, medical centers, clinics, and specialized labs. In addition, the firm offers a pharmacy license, and home care services.