Saudi Marketing Co's Total Assets for the quarter that ended in Sep. 2024 was ﷼2,343 Mil.
Warning Sign:
If a company builds assets at 5.8% a year, faster than its revenue growth rate of 2.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Saudi Marketing Co's average Total Assets Growth Rate was 0.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 5.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.20% per year.
During the past 12 years, Saudi Marketing Co's highest 3-Year average Total Assets Growth Rate was 17.20%. The lowest was 0.70%. And the median was 13.20%.
The historical data trend for Saudi Marketing 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 Marketing 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 Marketing Co (SAU:4006) Total Assets Explanation
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.
Saudi Marketing Co's Asset Turnover for the quarter that ended in Sep. 2024 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 Marketing Co Total Assets Related Terms
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Saudi Marketing Co operates stores. The farm markets include a wide range of products and varieties of fresh products, consumer goods, and household items. The firm earns revenue from retail, entertainment services, and household segment out of which the majority of revenue gets derived from the Retail segment. It also provides marketing services on behalf of third parties. In addition, the firm manages and operates bakeries, restaurants, and coffee shops; and establishes, operates, and maintains amusement centres.
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