Saudi Ceramic Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼2,933 Mil.
During the past 12 months, Saudi Ceramic Co's average Total Assets Growth Rate was -4.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 0.60% per year.
During the past 10 years, the average Total Assets Growth Rate was -0.20% per year.
During the past 13 years, Saudi Ceramic Co's highest 3-Year average Total Assets Growth Rate was 18.50%. The lowest was -2.30%. And the median was 3.00%.
The historical data trend for Saudi Ceramic 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.
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.
Saudi Ceramic Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Saudi Ceramic Co (SAU:2040) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Saudi Ceramic Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Saudi Ceramic Co Total Assets Related Terms
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Saudi Ceramic Co is engaged in the production and sale of ceramic products, water heaters, and related components. The company is also into import of related machinery, equipment, and other accessories. It has three reporting segments; the Ceramic tiles and sanitary ware segment is into the manufacturing and distribution of ceramic and porcelain tiles and sanitary ware items, the Water heaters segment is into the manufacturing and distribution of electric water heaters, and the Ceramic pipes segment is into the manufacturing and distribution of clay pipes for sanitary ware and sewage networks.
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