SALAMA Cooperative Insurance Co (SAU:8050) Total Assets : ﷼745.5 Mil (As of Dec. 2024)

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What is SALAMA Cooperative Insurance Co Total Assets?

SALAMA Cooperative Insurance Co's Total Assets for the quarter that ended in Dec. 2024 was ﷼745.5 Mil.

During the past 12 months, SALAMA Cooperative Insurance Co's average Total Assets Growth Rate was 29.90% per year. During the past 3 years, the average Total Assets Growth Rate was 3.30% per year. During the past 5 years, the average Total Assets Growth Rate was -9.60% per year. During the past 10 years, the average Total Assets Growth Rate was -1.30% per year.

During the past 13 years, SALAMA Cooperative Insurance Co's highest 3-Year average Total Assets Growth Rate was 50.40%. The lowest was -19.90%. And the median was 3.10%.

Total Assets is connected with ROA %. SALAMA Cooperative Insurance Co's annualized ROA % for the quarter that ended in Dec. 2024 was 1.41%. Total Assets is also linked to Revenue through Asset Turnover. SALAMA Cooperative Insurance Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.15.

SALAMA Cooperative Insurance Co Total Assets Historical Data

The historical data trend for SALAMA Cooperative Insurance 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.

SALAMA Cooperative Insurance Co Total Assets Chart

SALAMA Cooperative Insurance Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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711.33

570.87

666.81

806.25

745.51

SALAMA Cooperative Insurance Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															806.25	749.22	689.56	811.81	745.51

SALAMA Cooperative Insurance 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.

SALAMA Cooperative Insurance Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	254.326	+	491.18
	=	745.5

SALAMA Cooperative Insurance Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	254.326	+	491.18
	=	745.5

SALAMA Cooperative Insurance Co (SAU:8050) Total Assets Explanation

Total Assets is connected with ROA %.

SALAMA Cooperative Insurance Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	11.016	/	( (811.811	+	745.506)	/ 2 )
	=	11.016	/	778.6585
	=	1.41 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

SALAMA Cooperative Insurance Co's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	118.933	/	( (811.811	+	745.506)	/ 2 )
=	118.933	/	778.6585
=	0.15

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.

SALAMA Cooperative Insurance Co Total Assets Related Terms

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SALAMA Cooperative Insurance Co Business Description

Industry

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Traded in Other Exchanges

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Address

Al Madinah Road, P.O. Box 4020, Salama Tower, Jeddah, SAU, 21491

Website

https://www.salama.com.sa

SALAMA Cooperative Insurance Co operates in the insurance industry. The company has three reportable segments namely the Medical segment provides compensation to policyholders for expenses incurred in the treatment of a disease, illness, or injury. Its Motor segment provides coverage against losses and liability related to motor vehicles. The Others segment includes property, marine, engineering, accident and liability, and miscellaneous categories. It derives maximum revenue from the Motor segment.

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