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OQ Gas Network Company S A O G (MUS:OQGN) Total Assets : ر.ع1,110.83 Mil (As of Dec. 2024)


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What is OQ Gas Network Company S A O G Total Assets?

OQ Gas Network Company S A O G's Total Assets for the quarter that ended in Dec. 2024 was ر.ع1,110.83 Mil.

During the past 12 months, OQ Gas Network Company S A O G's average Total Assets Growth Rate was 1.60% per year.

Total Assets is connected with ROA %. OQ Gas Network Company S A O G's annualized ROA % for the quarter that ended in Dec. 2024 was 3.48%. Total Assets is also linked to Revenue through Asset Turnover. OQ Gas Network Company S A O G's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.


OQ Gas Network Company S A O G Total Assets Historical Data

The historical data trend for OQ Gas Network Company S A O G'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.

OQ Gas Network Company S A O G Total Assets Chart

OQ Gas Network Company S A O G Annual Data
Trend Dec22 Dec23 Dec24
Total Assets
1,121.54 1,101.68 1,110.83

OQ Gas Network Company S A O G Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only 1,101.68 1,093.48 1,103.13 1,121.26 1,110.83

OQ Gas Network Company S A O G 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.

OQ Gas Network Company S A O G's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=625.83+484.998
=1,110.83

OQ Gas Network Company S A O G's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=625.83+484.998
=1,110.83

* 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.


OQ Gas Network Company S A O G  (MUS:OQGN) Total Assets Explanation

Total Assets is connected with ROA %.

OQ Gas Network Company S A O G's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=38.852/( (1121.255+1110.828)/ 2 )
=38.852/1116.0415
=3.48 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

OQ Gas Network Company S A O G's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=14.489/( (1121.255+1110.828)/ 2 )
=14.489/1116.0415
=0.01

* 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.

OQ Gas Network Company S A O G Total Assets Related Terms

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OQ Gas Network Company S A O G Business Description

Traded in Other Exchanges
N/A
Address
Al Khuwair, Bousher, P.O. Box 799, Muscat, OMN, 133
OQ Gas Network Company S A O G is a company who is an exclusive owner and operator of the Natural Gas Transportation Network in Oman by providing an indispensable link between Omani gas producers and gas consumers. The company's core business activity is to acquire, construct, operate, maintain, repair, and augment gas transportation pipelines in Oman.

OQ Gas Network Company S A O G Headlines

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