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Baazeem Trading Co (SAU:4051) Total Assets : ﷼248.4 Mil (As of Sep. 2024)


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What is Baazeem Trading Co Total Assets?

Baazeem Trading Co's Total Assets for the quarter that ended in Sep. 2024 was ﷼248.4 Mil.

During the past 12 months, Baazeem Trading Co's average Total Assets Growth Rate was 8.10% per year. During the past 3 years, the average Total Assets Growth Rate was -1.10% per year. During the past 5 years, the average Total Assets Growth Rate was -3.80% per year.

During the past 8 years, Baazeem Trading Co's highest 3-Year average Total Assets Growth Rate was -1.10%. The lowest was -9.00%. And the median was -5.60%.

Total Assets is connected with ROA %. Baazeem Trading Co's annualized ROA % for the quarter that ended in Sep. 2024 was 8.09%. Total Assets is also linked to Revenue through Asset Turnover. Baazeem Trading Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.26.


Baazeem Trading Co Total Assets Historical Data

The historical data trend for Baazeem Trading 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.

Baazeem Trading Co Total Assets Chart

Baazeem Trading Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 241.29 238.01 238.97 249.60 239.75

Baazeem Trading 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 240.35 239.75 253.51 249.24 248.43

Baazeem Trading 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.

Baazeem Trading 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 )
=194.055+45.699
=239.8

Baazeem Trading 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 )
=193.958+54.468
=248.4

* 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.


Baazeem Trading Co  (SAU:4051) Total Assets Explanation

Total Assets is connected with ROA %.

Baazeem Trading 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 )
=20.128/( (249.241+248.427)/ 2 )
=20.128/248.834
=8.09 %

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.

Baazeem Trading 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 )
=64.793/( (249.241+248.427)/ 2 )
=64.793/248.834
=0.26

* 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.

Baazeem Trading Co Total Assets Related Terms

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Baazeem Trading Co Business Description

Traded in Other Exchanges
N/A
Address
King Faisal Street, Riyadh Al-Murabba District, PO Box 2156, Riyadh, SAU, 11451
Baazeem Trading Co is engaged in diversified businesses. Principally, the company is involved in the distribution of canned fish, household chemicals, baby supplies, personal care products and home furniture accessories and others. Also, it is involved in the wholesale of coffee and tea products, cosmetics and beauty soaps, food items and drinks, sale of tools and plastic materials, rubber, and industrial fibers. The company is also involved in the manufacturing of sanitary paper, napkins, cleaning wipes, tissue paper, towel rolls, and ready-made food packaging.

Baazeem Trading Co Headlines

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