The Company For Cooperative Insurance (SAU:8010) Total Assets : ﷼18,417 Mil (As of Dec. 2023)

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What is The Company For Cooperative Insurance Total Assets?

The Company For Cooperative Insurance's Total Assets for the quarter that ended in Dec. 2023 was ﷼18,417 Mil.

During the past 12 months, The Company For Cooperative Insurance's average Total Assets Growth Rate was 23.70% per year. During the past 3 years, the average Total Assets Growth Rate was 15.20% per year. During the past 5 years, the average Total Assets Growth Rate was 13.10% per year. During the past 10 years, the average Total Assets Growth Rate was 12.90% per year.

During the past 13 years, The Company For Cooperative Insurance's highest 3-Year average Total Assets Growth Rate was 24.00%. The lowest was -15.80%. And the median was 10.40%.

Total Assets is connected with ROA %. The Company For Cooperative Insurance's annualized ROA % for the quarter that ended in Dec. 2023 was 1.94%. Total Assets is also linked to Revenue through Asset Turnover. The Company For Cooperative Insurance's Asset Turnover for the quarter that ended in Dec. 2023 was 0.22.

The Company For Cooperative Insurance Total Assets Historical Data

The historical data trend for The Company For Cooperative Insurance'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.

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The Company For Cooperative Insurance Total Assets Chart

The Company For Cooperative Insurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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14,114.49

14,416.79

12,524.62

15,260.39

18,416.73

The Company For Cooperative Insurance Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															15,260.39	16,687.83	18,055.91	18,550.04	18,416.73

The Company For Cooperative Insurance 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.

The Company For Cooperative Insurance'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 )
	=	3621.817	+	14794.909
	=	18,417

The Company For Cooperative Insurance's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	3621.817	+	14794.909
	=	18,417

The Company For Cooperative Insurance (SAU:8010) Total Assets Explanation

Total Assets is connected with ROA %.

The Company For Cooperative Insurance's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	359.268	/	( (18550.038	+	18416.726)	/ 2 )
	=	359.268	/	18483.382
	=	1.94 %

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.

The Company For Cooperative Insurance's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	3992.336	/	( (18550.038	+	18416.726)	/ 2 )
=	3992.336	/	18483.382
=	0.22

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.

The Company For Cooperative Insurance Total Assets Related Terms

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The Company For Cooperative Insurance (SAU:8010) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Company For Cooperative Insurance (SAU:8010) » Definitions » Total Assets

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Address

6507 Ath Thumamah Road- Al-Rabie District, P.O. Box 86959, Riyadh, SAU, 11632

Website

https://www.tawuniya.com.sa

The Company for Cooperative Insurance is an insurance company. The company provides its customers with more than 60 types of insurance including medical, motor, fire, property, engineering, casualty, marine, aviation, Takaful, liability insurance and many other types of insurance. The purpose of the company is to transact cooperative insurance operations and all related activities including reinsurance and agency activities. The company is organized into business units based on its products and services and has nine reportable segments as follows, Medical, Medical Umrah, Motor insurance, Property and Casualty, General accidents insurance, Travel and COVID-19, Protection & Savings, Teejan Al-Khaleej segment and Shareholders' segment.

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