Alwaha REIT Fund (SAU:9300) Total Assets : ﷼163.11 Mil (As of Jun. 2024)

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What is Alwaha REIT Fund Total Assets?

Alwaha REIT Fund's Total Assets for the quarter that ended in Jun. 2024 was ﷼163.11 Mil.

Total Assets is connected with ROA %. Alwaha REIT Fund's annualized ROA % for the quarter that ended in Jun. 2024 was 8.12%. Total Assets is also linked to Revenue through Asset Turnover. Alwaha REIT Fund's Asset Turnover for the quarter that ended in Jun. 2024 was 0.06.

Alwaha REIT Fund Total Assets Historical Data

The historical data trend for Alwaha REIT Fund'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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Alwaha REIT Fund Total Assets Chart

Alwaha REIT Fund Annual Data

Trend

Dec23

Total Assets

164.57

Alwaha REIT Fund Semi-Annual Data
	Dec23	Jun24
Total Assets	164.57	163.11

Alwaha REIT Fund 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.

Alwaha REIT Fund'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 )
	=	157.166	+	7.403
	=	164.57

Alwaha REIT Fund's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	157.818	+	5.293
	=	163.11

Alwaha REIT Fund (SAU:9300) Total Assets Explanation

Total Assets is connected with ROA %.

Alwaha REIT Fund's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	13.304	/	( (164.569	+	163.111)	/ 2 )
	=	13.304	/	163.84
	=	8.12 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Alwaha REIT Fund's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	9.295	/	( (164.569	+	163.111)	/ 2 )
=	9.295	/	163.84
=	0.06

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.

Alwaha REIT Fund Total Assets Related Terms

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Alwaha REIT Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alwaha REIT Fund (SAU:9300) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street Al Olaya, Building No. 7459, Secondary No. 2207, Al Muruj District, Riyadh, SAU, 12283

Website

https://www.wasatah.com.sa

Alwaha REIT Fund is a closed-ended sharia-compliant real estate investment traded fund. The investment objective of the Fund is to invest in structurally developed real estate properties, capable of achieving periodic and rental income, and to distribute a percentage not less than 90% of the annual net profits of the Fund as cash dividends to the unitholders during the period of the Fund.

Alwaha REIT Fund Headlines

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