Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Total Assets : ﷼116.3 Mil (As of Dec. 2023)

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What is Aqaseem Factory for Chemicals & Plastics Co Total Assets?

Aqaseem Factory for Chemicals & Plastics Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼116.3 Mil.

During the past 12 months, Aqaseem Factory for Chemicals & Plastics Co's average Total Assets Growth Rate was 17.80% per year.

Total Assets is connected with ROA %. Aqaseem Factory for Chemicals & Plastics Co's annualized ROA % for the quarter that ended in Dec. 2023 was 7.46%. Total Assets is also linked to Revenue through Asset Turnover. Aqaseem Factory for Chemicals & Plastics Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.65.

Aqaseem Factory for Chemicals & Plastics Co Total Assets Historical Data

The historical data trend for Aqaseem Factory for Chemicals & Plastics 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.

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Aqaseem Factory for Chemicals & Plastics Co Total Assets Chart

Aqaseem Factory for Chemicals & Plastics Co Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

75.90

97.16

116.34

Aqaseem Factory for Chemicals & Plastics Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			75.90	81.88	97.16	117.84	116.34

Aqaseem Factory for Chemicals & Plastics 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.

Aqaseem Factory for Chemicals & Plastics 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 )
	=	55.974	+	60.368
	=	116.3

Aqaseem Factory for Chemicals & Plastics Co'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 )
	=	55.974	+	60.368
	=	116.3

Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Total Assets Explanation

Total Assets is connected with ROA %.

Aqaseem Factory for Chemicals & Plastics Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	8.732	/	( (117.837	+	116.341)	/ 2 )
	=	8.732	/	117.089
	=	7.46 %

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

Aqaseem Factory for Chemicals & Plastics Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	76.211	/	( (117.837	+	116.341)	/ 2 )
=	76.211	/	117.089
=	0.65

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.

Aqaseem Factory for Chemicals & Plastics Co Total Assets Related Terms

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Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

East Ring Road - between exit 17 and 18, Riyadh, SAU

Website

https://www.agaseem.sa

Aqaseem Factory for Chemicals & Plastics Co manufactures oils and lubricants. Its product offering comprises a range of Automotive Lubricants, Industrial Lubricants, Marine Lubricants, and Grease. The firm offers Gasoline Engine oil, diesel engine oil, Gear oil, turbine oil, compressor oil, and hydraulic oil, among others.

Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Headlines

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