Takaful Oman InsuranceOG (MUS:TAOI) Total Assets : ر.ع26.48 Mil (As of Dec. 2017)

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What is Takaful Oman InsuranceOG Total Assets?

Takaful Oman InsuranceOG's Total Assets for the quarter that ended in Dec. 2017 was ر.ع26.48 Mil.

Total Assets is connected with ROA %. Takaful Oman InsuranceOG's annualized ROA % for the quarter that ended in Dec. 2017 was -0.38%. Total Assets is also linked to Revenue through Asset Turnover. Takaful Oman InsuranceOG's Asset Turnover for the quarter that ended in Dec. 2017 was 0.26.

Takaful Oman InsuranceOG Total Assets Historical Data

The historical data trend for Takaful Oman InsuranceOG'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.

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Takaful Oman InsuranceOG Total Assets Chart

Takaful Oman InsuranceOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Total Assets

10.33

15.31

23.51

26.48

Takaful Oman InsuranceOG Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
Total Assets	Get a 7-Day Free Trial										23.51	26.13	26.78	26.01	26.48

Takaful Oman InsuranceOG 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.

Takaful Oman InsuranceOG'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 )
	=	8.471	+	18.013
	=	26.48

Takaful Oman InsuranceOG's Total Assets for the quarter that ended in Dec. 2017 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2017 )	+	Total Liabilities (Q: Dec. 2017 )
	=	8.471	+	18.013
	=	26.48

Takaful Oman InsuranceOG (MUS:TAOI) Total Assets Explanation

Total Assets is connected with ROA %.

Takaful Oman InsuranceOG's annualized ROA % for the quarter that ended in Dec. 2017 is

ROA %	=	Net Income (Q: Dec. 2017 )	/	( (Total Assets (Q: Sep. 2017 )	+	Total Assets (Q: Dec. 2017 ))	/ count )
	=	-0.1	/	( (26.014	+	26.484)	/ 2 )
	=	-0.1	/	26.249
	=	-0.38 %

Note: The Net Income data used here is four times the quarterly (Dec. 2017) 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.

Takaful Oman InsuranceOG's Asset Turnover for the quarter that ended in Dec. 2017 is

	Asset Turnover
=	Revenue (Q: Dec. 2017 )	/	( (Total Assets (Q: Sep. 2017 )	+	Total Assets (Q: Dec. 2017 ))	/ count )
=	6.697	/	( (26.014	+	26.484)	/ 2 )
=	6.697	/	26.249
=	0.26

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.

Takaful Oman InsuranceOG Total Assets Related Terms

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Takaful Oman InsuranceOG (MUS:TAOI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Takaful Oman Insurance SAOG (MUS:TAOI) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

P.O. BOX 207, Bareeq Al Shatti, Muscat, OMN, 134

Website

http://www.takafuloman.om

Takaful Oman Insurance SAOG operates as an Islamic insurance provider in the Sultanate of Oman. It operates through two segments, General Takaful and Family Takaful. Its General Takaful segment which contributes majorly towards firm's revenue includes medical, fire, general accident and marine and cargo insurance. The company's products include group family, group health, group creditor, domestic helper, and travel takaful plans; and motor insurance, personal accident, workmen's compensation, marine cargo, property all risk, machinery breakdown, erection all risk, contractor's plant and equipment, and contractor's all risk takaful products.

Takaful Oman InsuranceOG (MUS:TAOI) Headlines

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