Salhia Real Estate Co KSCP (KUW:SRE) Total Assets : KWD522.12 Mil (As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Salhia Real Estate Co KSCP Total Assets?

Salhia Real Estate Co KSCP's Total Assets for the quarter that ended in Mar. 2024 was KWD522.12 Mil.

During the past 12 months, Salhia Real Estate Co KSCP's average Total Assets Growth Rate was 21.90% per year. During the past 3 years, the average Total Assets Growth Rate was 8.00% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 6.20% per year.

During the past 13 years, Salhia Real Estate Co KSCP's highest 3-Year average Total Assets Growth Rate was 11.10%. The lowest was -12.40%. And the median was 4.80%.

Total Assets is connected with ROA %. Salhia Real Estate Co KSCP's annualized ROA % for the quarter that ended in Mar. 2024 was 2.34%. Total Assets is also linked to Revenue through Asset Turnover. Salhia Real Estate Co KSCP's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Salhia Real Estate Co KSCP Total Assets Historical Data

The historical data trend for Salhia Real Estate Co KSCP'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.

Salhia Real Estate Co KSCP Total Assets Chart

Salhia Real Estate Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

369.01

364.09

391.94

418.84

458.12

Salhia Real Estate Co KSCP 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															427.18	436.37	437.04	458.12	522.12

Salhia Real Estate Co KSCP 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.

Salhia Real Estate Co KSCP'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 )
	=	179.878	+	278.244
	=	458.12

Salhia Real Estate Co KSCP'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 )
	=	174.466	+	347.654
	=	522.12

Salhia Real Estate Co KSCP (KUW:SRE) Total Assets Explanation

Total Assets is connected with ROA %.

Salhia Real Estate Co KSCP'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 )
	=	11.464	/	( (458.123	+	522.12)	/ 2 )
	=	11.464	/	490.1215
	=	2.34 %

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.

Salhia Real Estate Co KSCP'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 )
=	11.156	/	( (458.123	+	522.12)	/ 2 )
=	11.156	/	490.1215
=	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.

Salhia Real Estate Co KSCP Total Assets Related Terms

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

Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Salhia Real Estate Co KSCP (KUW:SRE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095

Website

https://www.salhia.com

Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.