Abrasives Manufacturing Co (MUS:ABMI) Total Assets: ر.ع1.20 Mil (As of Mar. 2018)


What is Abrasives Manufacturing Co Total Assets?

Abrasives Manufacturing Co MUS:ABMI Total Assets is ر.ع1.20 Mil as of Mar. 2018.

Abrasives Manufacturing Co's Total Assets for the quarter that ended in Mar. 2018 was ر.ع1.20 Mil.

Total Assets is connected with ROA %. Abrasives Manufacturing Co's annualized ROA % for the quarter that ended in Mar. 2018 was -18.76%. Total Assets is also linked to Revenue through Asset Turnover. Abrasives Manufacturing Co's Asset Turnover for the quarter that ended in Mar. 2018 was 0.00.

Abrasives Manufacturing Co  (MUS:ABMI) Total Assets Explanation

Total Assets is connected with ROA %.

Abrasives Manufacturing Co's annualized ROA % for the quarter that ended in Mar. 2018 is

ROA %=Net Income (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=-0.228/( (1.235+1.196)/ 2 )
=-0.228/1.2155
=-18.76 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) 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.

Abrasives Manufacturing Co's Asset Turnover for the quarter that ended in Mar. 2018 is

Asset Turnover
=Revenue (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=0/( (1.235+1.196)/ 2 )
=0/1.2155
=0.00

* 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.

Abrasives Manufacturing Co Total Assets Related Terms

Abrasives Manufacturing Co Total Assets Historical Data

* Premium members only.

The historical data trend for Abrasives Manufacturing 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.

Abrasives Manufacturing Co Total Assets Chart

Abrasives Manufacturing Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 1.25 1.23 1.24 1.24

Abrasives Manufacturing Co Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 1.23 1.24 1.24 1.20

Abrasives Manufacturing 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.

Abrasives Manufacturing Co's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets=Total Equity (A: Dec. 2017 )+Total Liabilities (A: Dec. 2017 )
=-1.98+3.216
=1.24

Abrasives Manufacturing Co's Total Assets for the quarter that ended in Mar. 2018 is calculated as

Total Assets=Total Equity (Q: Mar. 2018 )+Total Liabilities (Q: Mar. 2018 )
=-2.08+3.276
=1.20

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ر.ع1.20 Mil mean?
Abrasives Manufacturing Co (MUS:ABMI) has a Total Assets of ر.ع1.20 Mil as of Mar. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Abrasives Manufacturing Co and its competitors.
Is Abrasives Manufacturing Co's Total Assets too high?
Abrasives Manufacturing Co's current Total Assets is ر.ع1.20 Mil.
How does Abrasives Manufacturing Co's Total Assets compare to EVTN and THTI?
Abrasives Manufacturing Co's Total Assets of ر.ع1.20 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Abrasives Manufacturing Co and its competitors. Abrasives Manufacturing Co's current Total Assets is ر.ع1.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abrasives Manufacturing Co stock overvalued right now?
Abrasives Manufacturing Co (MUS:ABMI) has a current Total Assets of ر.ع1.20 Mil. The current Total Assets is ر.ع1.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Abrasives Manufacturing Co (MUS:ABMI), the current Total Assets is ر.ع1.20 Mil as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abrasives Manufacturing Co Business Description

Address Rusayl Industrial Area, PO Box 96, Rusayl, OMN, 124
Abrasives Manufacturing Co is engaged in the manufacturing and trading of abrasive products. It manufactures abrasive made cutting wheels used in the engineering industries.