Oman Flour Mills (MUS:OFMI) Total Assets: ر.ع164.8 Mil (As of Dec. 2023)


MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.56
View Full Analysis

What is Oman Flour Mills Total Assets?

Oman Flour Mills MUS:OFMI -1.25% 72 Total Assets is ر.ع164.8 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Oman Flour Mills's Total Assets for the quarter that ended in Dec. 2023 was ر.ع164.8 Mil.

Total Assets is connected with ROA %. Oman Flour Mills's annualized ROA % for the quarter that ended in Dec. 2023 was 1.10%. Total Assets is also linked to Revenue through Asset Turnover. Oman Flour Mills's Asset Turnover for the quarter that ended in Dec. 2023 was 0.76.

Oman Flour Mills  (MUS:OFMI) Total Assets Explanation

Total Assets is connected with ROA %.

Oman Flour Mills'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 )
=1.781/( (159.563+164.826)/ 2 )
=1.781/162.1945
=1.10 %

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.

Oman Flour Mills'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 )
=123.945/( (159.563+164.826)/ 2 )
=123.945/162.1945
=0.76

* 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.

Oman Flour Mills Total Assets Related Terms

Oman Flour Mills Total Assets Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills'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.

Oman Flour Mills Total Assets Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.87 101.55 141.55 159.56 164.83

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
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 89.87 101.55 141.55 159.56 164.83
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oman Flour Mills 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.

Oman Flour Mills'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 )
=71.398+93.428
=164.8

Oman Flour Mills'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 )
=71.398+93.428
=164.8

* 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.ع164.8 Mil mean?
Oman Flour Mills (MUS:OFMI) has a Total Assets of ر.ع164.8 Mil as of Dec. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Oman Flour Mills and its competitors.
Is Oman Flour Mills' Total Assets too high?
Oman Flour Mills' current Total Assets is ر.ع164.8 Mil. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' Total Assets compare to JBS and KHC?
Oman Flour Mills' Total Assets of ر.ع164.8 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Total Assets depends on the Consumer Packaged Goods 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 Oman Flour Mills and its competitors. Oman Flour Mills's current Total Assets is ر.ع164.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current Total Assets of ر.ع164.8 Mil. The current Total Assets is ر.ع164.8 Mil. Oman Flour Mills' overall GF Score™ is 72/100. 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 Oman Flour Mills (MUS:OFMI), the current Total Assets is ر.ع164.8 Mil as of Dec. 2023. 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.

Oman Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

Get the complete analysis for MUS:OFMI

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.56
Price