GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Middle East Paper Co (SAU:1202) » Definitions » Total Assets

Middle East Paper Co (SAU:1202) Total Assets : ﷼2,613.1 Mil (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Middle East Paper Co Total Assets?

Middle East Paper Co's Total Assets for the quarter that ended in Sep. 2024 was ﷼2,613.1 Mil.

During the past 12 months, Middle East Paper Co's average Total Assets Growth Rate was 8.10% per year. During the past 3 years, the average Total Assets Growth Rate was 7.00% per year. During the past 5 years, the average Total Assets Growth Rate was 4.90% per year. During the past 10 years, the average Total Assets Growth Rate was 2.20% per year.

During the past 12 years, Middle East Paper Co's highest 3-Year average Total Assets Growth Rate was 7.00%. The lowest was -1.20%. And the median was 1.90%.

Total Assets is connected with ROA %. Middle East Paper Co's annualized ROA % for the quarter that ended in Sep. 2024 was -2.84%. Total Assets is also linked to Revenue through Asset Turnover. Middle East Paper Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.11.


Middle East Paper Co Total Assets Historical Data

The historical data trend for Middle East Paper 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.

Middle East Paper Co Total Assets Chart

Middle East Paper Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,576.81 1,577.36 1,870.12 1,946.51 1,930.93

Middle East Paper Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,941.02 1,930.93 2,596.43 2,601.51 2,613.11

Middle East Paper 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.

Middle East Paper 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 )
=1068.203+862.731
=1,930.9

Middle East Paper Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=1645.294+967.818
=2,613.1

* 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.


Middle East Paper Co  (SAU:1202) Total Assets Explanation

Total Assets is connected with ROA %.

Middle East Paper Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-74.004/( (2601.505+2613.112)/ 2 )
=-74.004/2607.3085
=-2.84 %

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

Middle East Paper Co's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=276.895/( (2601.505+2613.112)/ 2 )
=276.895/2607.3085
=0.11

* 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.

Middle East Paper Co Total Assets Related Terms

Thank you for viewing the detailed overview of Middle East Paper Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Middle East Paper Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Mohammed Bin Abdulaziz Street, Nojoud Center, P.O.Box 32913, 1st floor, entrance(A), Unit No(45), Al Andalus, Jeddah, SAU, 23326
Middle East Paper Co manufacturing and production and sale of container board and industrial papers. It operates through two segments, Manufacturing, and Trading. The Manufacturing segment, which generates majority revenue, engages in the manufacturing of containerboard and industrial paper. The Trading segment deals with the wholesale and retail sales of paper, carton and plastic waste.

Middle East Paper Co Headlines

No Headlines