Kuwait Real Estate Co (KUW:KRE) Total Assets : KWD434.08 Mil (As of Sep. 2024)

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What is Kuwait Real Estate Co Total Assets?

Kuwait Real Estate Co's Total Assets for the quarter that ended in Sep. 2024 was KWD434.08 Mil.

During the past 12 months, Kuwait Real Estate Co's average Total Assets Growth Rate was 8.80% per year. During the past 3 years, the average Total Assets Growth Rate was 6.90% per year. During the past 5 years, the average Total Assets Growth Rate was 7.90% per year. During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.

During the past 13 years, Kuwait Real Estate Co's highest 3-Year average Total Assets Growth Rate was 50.60%. The lowest was 1.00%. And the median was 8.65%.

Total Assets is connected with ROA %. Kuwait Real Estate Co's annualized ROA % for the quarter that ended in Sep. 2024 was 1.03%. Total Assets is also linked to Revenue through Asset Turnover. Kuwait Real Estate Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.02.

Kuwait Real Estate Co Total Assets Historical Data

The historical data trend for Kuwait 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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Kuwait Real Estate Co Total Assets Chart

Kuwait Real Estate Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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326.92

318.55

341.16

360.53

393.40

Kuwait Real Estate Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															379.20	393.40	416.26	418.14	434.08

Kuwait 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.

Kuwait 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 )
	=	157.676	+	235.725
	=	393.40

Kuwait Real Estate Co'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 )
	=	183.254	+	250.829
	=	434.08

Kuwait Real Estate Co (KUW:KRE) Total Assets Explanation

Total Assets is connected with ROA %.

Kuwait Real Estate Co'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 )
	=	4.368	/	( (418.138	+	434.083)	/ 2 )
	=	4.368	/	426.1105
	=	1.03 %

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.

Kuwait Real Estate Co'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 )
=	8.401	/	( (418.138	+	434.083)	/ 2 )
=	8.401	/	426.1105
=	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.

Kuwait Real Estate Co Total Assets Related Terms

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Kuwait Real Estate Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Real Estate Co (KUW:KRE) » Definitions » Total Assets

Comparable Companies

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N/A

Address

Darwazat Abdul Razak Street, P.O Box 1257, 8th Floor, Block B, Souk Al Kuwait Building, Safat, Kuwait City, KWT, 13013

Website

https://www.aqarat.com.kw

Kuwait Real Estate Co is a Kuwait-based shareholding company that operates in the real estate sector. It is engaged in dealing with a range of real estate activities, including the sale, purchase, renting out, and leasing of lands and real estate properties, erecting buildings, prepare and implementing studies of private and public real estate projects. It has three operating segments: real estate, investment and services. The real estate segment contributes to the majority of the revenue. Its geographical segments are Kuwait; Other Middle Eastern Countries; the United States, Europe, and other countries.