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Barka Desalination Co (MUS:BRDE) Total Assets : ر.ع104.84 Mil (As of Dec. 2023)


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What is Barka Desalination Co Total Assets?

Barka Desalination Co's Total Assets for the quarter that ended in Dec. 2023 was ر.ع104.84 Mil.

During the past 12 months, Barka Desalination Co's average Total Assets Growth Rate was -3.50% per year.

Total Assets is connected with ROA %. Barka Desalination Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.66%. Total Assets is also linked to Revenue through Asset Turnover. Barka Desalination Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.


Barka Desalination Co Total Assets Historical Data

The historical data trend for Barka Desalination 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.

* Premium members only.

Barka Desalination Co Total Assets Chart

Barka Desalination Co Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
106.19 108.57 104.84

Barka Desalination Co Semi-Annual Data
Dec21 Dec22 Dec23
Total Assets 106.19 108.57 104.84

Barka Desalination 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.

Barka Desalination 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 )
=18.005+86.832
=104.84

Barka Desalination Co'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 )
=18.005+86.832
=104.84

* 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.


Barka Desalination Co  (MUS:BRDE) Total Assets Explanation

Total Assets is connected with ROA %.

Barka Desalination Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.706/( (108.574+104.837)/ 2 )
=0.706/106.7055
=0.66 %

Note: The Net Income data used here is one times the annual (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.

Barka Desalination Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=19.467/( (108.574+104.837)/ 2 )
=19.467/106.7055
=0.18

* 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.

Barka Desalination Co Total Assets Related Terms

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Barka Desalination Co (MUS:BRDE) Business Description

Traded in Other Exchanges
N/A
Address
Al Wilaj Street, Way No 1013 Al Qurm, PO Box 252, Building No 1022, Office No 16, 1st Floor, Bousher, Muscat, OMN, 103
Barka Desalination Co is engaged in operation of seawater desalination plant in Oman. The objectives of the Company are to acquire, develop, finance, design, construct, operate, maintain a desalination facility at Barka Independent Water Project, a sea water reverse osmosis (SWRO) plant located in Barka, South Batinah Governorate, Sultanate of Oman.

Barka Desalination Co (MUS:BRDE) Headlines

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