Arabian Centres Co (SAU:4321) Total Assets : ﷼29,865 Mil (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Arabian Centres Co Total Assets?

Arabian Centres Co's Total Assets for the quarter that ended in Sep. 2024 was ﷼29,865 Mil.

During the past 12 months, Arabian Centres Co's average Total Assets Growth Rate was 10.60% per year. During the past 3 years, the average Total Assets Growth Rate was 17.40% per year. During the past 5 years, the average Total Assets Growth Rate was 20.00% per year.

During the past 6 years, Arabian Centres Co's highest 3-Year average Total Assets Growth Rate was 25.50%. The lowest was 17.40%. And the median was 25.50%.

Total Assets is connected with ROA %. Arabian Centres Co's annualized ROA % for the quarter that ended in Sep. 2024 was 4.52%. Total Assets is also linked to Revenue through Asset Turnover. Arabian Centres Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.02.

Arabian Centres Co Total Assets Historical Data

The historical data trend for Arabian Centres 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.

Arabian Centres Co Total Assets Chart

Arabian Centres Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

Total Assets

Get a 7-Day Free Trial

13,365.78

17,961.49

25,143.18

26,085.93

27,751.23

Arabian Centres 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															26,984.75	27,751.23	28,671.86	29,408.95	29,865.00

Arabian Centres 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.

Arabian Centres 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 )
	=	14311.968	+	13439.259
	=	27,751

Arabian Centres 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 )
	=	14649.804	+	15215.193
	=	29,865

Arabian Centres Co (SAU:4321) Total Assets Explanation

Total Assets is connected with ROA %.

Arabian Centres 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 )
	=	1338.596	/	( (29408.946	+	29864.997)	/ 2 )
	=	1338.596	/	29636.9715
	=	4.52 %

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.

Arabian Centres 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 )
=	587.067	/	( (29408.946	+	29864.997)	/ 2 )
=	587.067	/	29636.9715
=	0.02

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.

Arabian Centres Co Total Assets Related Terms

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

Arabian Centres Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arabian Centres Co (SAU:4321) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8838, Prince Turki Ibn Abdulaziz Al Awwal Road, King Saud University District, Riyadh, SAU, 12373-4925

Website

https://www.arabiancentres.com

Arabian Centres Co is a Saudi Arabia-based company. The company owns, operates, and develops lifestyle centers. Its principal activities include the purchase of land for the construction of buildings, development, and investment by selling or renting and contracting works for residential and commercial buildings, including demolition, restoration, drilling, and maintenance work. The company also provides maintenance and operation of commercial centers, tourist resorts, hotels, and restaurants, as well as managing and operating temporary and permanent exhibitions, compounds, and hospitals. It derives the vast majority of its revenue from rental income.

Arabian Centres Co Headlines

No Headlines