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Solidarityudi Takaful Co (SAU:8290) Total Assets : ﷼543.5 Mil (As of Sep. 2020)


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What is Solidarityudi Takaful Co Total Assets?

Solidarityudi Takaful Co's Total Assets for the quarter that ended in Sep. 2020 was ﷼543.5 Mil.

Total Assets is connected with ROA %. Solidarityudi Takaful Co's annualized ROA % for the quarter that ended in Sep. 2020 was -3.80%. Total Assets is also linked to Revenue through Asset Turnover. Solidarityudi Takaful Co's Asset Turnover for the quarter that ended in Sep. 2020 was 0.18.


Solidarityudi Takaful Co Total Assets Historical Data

The historical data trend for Solidarityudi Takaful 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.

Solidarityudi Takaful Co Total Assets Chart

Solidarityudi Takaful Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 684.62 666.28 487.29 530.64 585.27

Solidarityudi Takaful Co Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 571.36 585.27 604.41 571.04 543.52

Solidarityudi Takaful 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.

Solidarityudi Takaful Co's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=210.229+374.511
=584.7

Solidarityudi Takaful Co's Total Assets for the quarter that ended in Sep. 2020 is calculated as

Total Assets=Total Equity (Q: Sep. 2020 )+Total Liabilities (Q: Sep. 2020 )
=188.886+354.635
=543.5

* 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.


Solidarityudi Takaful Co  (SAU:8290) Total Assets Explanation

Total Assets is connected with ROA %.

Solidarityudi Takaful Co's annualized ROA % for the quarter that ended in Sep. 2020 is

ROA %=Net Income (Q: Sep. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=-21.168/( (571.04+543.52)/ 2 )
=-21.168/557.28
=-3.80 %

Note: The Net Income data used here is four times the quarterly (Sep. 2020) 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.

Solidarityudi Takaful Co's Asset Turnover for the quarter that ended in Sep. 2020 is

Asset Turnover
=Revenue (Q: Sep. 2020 )/( (Total Assets (Q: Jun. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=99.732/( (571.04+543.52)/ 2 )
=99.732/557.28
=0.18

* 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.

Solidarityudi Takaful Co Total Assets Related Terms

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Solidarityudi Takaful Co (SAU:8290) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Redex Tower 8th, 9th and 10th Floor, Riyadh, SAU, 11612
Solidarity Saudi Takaful Co engages in the provision of life and non-life insurance in Saudi Arabia. It offers a range of the Insurance products that are available for all the major lines of business such as Medical, Motor Vehicle, Property, Marine, Engineering, General Accident, Liability and Group Life Insurance.

Solidarityudi Takaful Co (SAU:8290) Headlines

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