Oman United Insurance CoOG (MUS:OUIC) Total Assets: ر.ع112.81 Mil (As of Mar. 2023)


MUS:OUIC Oman United Insurance Co SAOG MUS:OUIC
12 GF Score
Price ر.ع0.33
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What is Oman United Insurance CoOG Total Assets?

Oman United Insurance CoOG MUS:OUIC +2.77% 12 Total Assets is ر.ع112.81 Mil as of Mar. 2023. GuruFocus rates MUS:OUIC with a GF Score™ of 12/100.

Oman United Insurance CoOG's Total Assets for the quarter that ended in Mar. 2023 was ر.ع112.81 Mil.

Total Assets is connected with ROA %. Oman United Insurance CoOG's annualized ROA % for the quarter that ended in Mar. 2023 was 3.01%. Total Assets is also linked to Revenue through Asset Turnover. Oman United Insurance CoOG's Asset Turnover for the quarter that ended in Mar. 2023 was 0.06.

Oman United Insurance CoOG  (MUS:OUIC) Total Assets Explanation

Total Assets is connected with ROA %.

Oman United Insurance CoOG's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=3.372/( (111.535+112.805)/ 2 )
=3.372/112.17
=3.01 %

Note: The Net Income data used here is four times the quarterly (Mar. 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 United Insurance CoOG's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=6.347/( (111.535+112.805)/ 2 )
=6.347/112.17
=0.06

* 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 United Insurance CoOG Total Assets Related Terms

Oman United Insurance CoOG Total Assets Historical Data

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The historical data trend for Oman United Insurance CoOG'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 United Insurance CoOG Total Assets Chart

Oman United Insurance CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.08 108.29 106.22 107.31 108.78

Oman United Insurance CoOG Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 108.78 109.60 108.13 111.54 112.81
MUS:OUIC
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Oman United Insurance Co SAOG MUS:OUIC
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman United Insurance CoOG 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 United Insurance CoOG's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=30.83+77.954
=108.78

Oman United Insurance CoOG's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=27.708+85.097
=112.81

* 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.ع112.81 Mil mean?
Oman United Insurance CoOG (MUS:OUIC) has a Total Assets of ر.ع112.81 Mil as of Mar. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Oman United Insurance CoOG and its competitors.
Is Oman United Insurance CoOG's Total Assets too high?
Oman United Insurance CoOG's current Total Assets is ر.ع112.81 Mil. Overall, Oman United Insurance CoOG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Oman United Insurance CoOG's Total Assets compare to HNNA and MSD?
Oman United Insurance CoOG's Total Assets of ر.ع112.81 Mil can be compared against companies in the Insurance 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 Insurance company?
A good Total Assets depends on the Insurance 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 United Insurance CoOG and its competitors. Oman United Insurance CoOG's current Total Assets is ر.ع112.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman United Insurance CoOG stock overvalued right now?
Oman United Insurance CoOG (MUS:OUIC) has a current Total Assets of ر.ع112.81 Mil. The current Total Assets is ر.ع112.81 Mil. Oman United Insurance CoOG's overall GF Score™ is 12/100. 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 United Insurance CoOG (MUS:OUIC), the current Total Assets is ر.ع112.81 Mil as of Mar. 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 United Insurance CoOG Business Description

Address Al Khuwair Street, P.O.Box 1522, Ruwi, Muscat, OMN, 112
Oman United Insurance Co SAOG is an insurance company. It is engaged in the underwriting of general and life and medical insurance business and in the repair and maintenance of motor vehicles. It operates in two segments General insurance and Life insurance. General insurance business includes insurance and re-insurance of motor, fire, general accident, marine cargo, hull, workmen compensation, engineering, and aviation. Life insurance relates to the insuring of the life of an individual, group life and group medical. It operates within the Sultanate of Oman with the highest revenue generated from General insurance segment.
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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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