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JTC Logistics Transportation & Stevedoring Co KSCC (KUW:JTC) Total Assets : KWD74.05 Mil (As of Sep. 2024)


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What is JTC Logistics Transportation & Stevedoring Co KSCC Total Assets?

JTC Logistics Transportation & Stevedoring Co KSCC's Total Assets for the quarter that ended in Sep. 2024 was KWD74.05 Mil.

During the past 12 months, JTC Logistics Transportation & Stevedoring Co KSCC's average Total Assets Growth Rate was 16.80% per year. During the past 3 years, the average Total Assets Growth Rate was 9.20% per year.

During the past 5 years, JTC Logistics Transportation & Stevedoring Co KSCC's highest 3-Year average Total Assets Growth Rate was 9.20%. The lowest was 7.40%. And the median was 8.30%.

Total Assets is connected with ROA %. JTC Logistics Transportation & Stevedoring Co KSCC's annualized ROA % for the quarter that ended in Sep. 2024 was 10.27%. Total Assets is also linked to Revenue through Asset Turnover. JTC Logistics Transportation & Stevedoring Co KSCC's Asset Turnover for the quarter that ended in Sep. 2024 was 0.10.


JTC Logistics Transportation & Stevedoring Co KSCC Total Assets Historical Data

The historical data trend for JTC Logistics Transportation & Stevedoring 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.

JTC Logistics Transportation & Stevedoring Co KSCC Total Assets Chart

JTC Logistics Transportation & Stevedoring Co KSCC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
51.02 50.64 55.77 60.84 75.70

JTC Logistics Transportation & Stevedoring Co KSCC Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.06 75.70 71.31 69.13 74.05

JTC Logistics Transportation & Stevedoring 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.

JTC Logistics Transportation & Stevedoring 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 )
=51.561+24.135
=75.70

JTC Logistics Transportation & Stevedoring Co KSCC's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=53.885+20.166
=74.05

* 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.


JTC Logistics Transportation & Stevedoring Co KSCC  (KUW:JTC) Total Assets Explanation

Total Assets is connected with ROA %.

JTC Logistics Transportation & Stevedoring Co KSCC's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=7.356/( (69.132+74.051)/ 2 )
=7.356/71.5915
=10.27 %

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

JTC Logistics Transportation & Stevedoring Co KSCC's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=6.957/( (69.132+74.051)/ 2 )
=6.957/71.5915
=0.10

* 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.

JTC Logistics Transportation & Stevedoring Co KSCC Total Assets Related Terms

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JTC Logistics Transportation & Stevedoring Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 22801, Safat, KWT, 13089
JTC Logistics Transportation & Stevedoring Co KSCC is an inland transportation company. It provides services for Ports Management, Contract Logistics, Warehousing, Equipment Leasing, and Power Rental.

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