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National Environmental Recycling Co (SAU:9540) Total Assets : ﷼340.6 Mil (As of Jun. 2024)


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What is National Environmental Recycling Co Total Assets?

National Environmental Recycling Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼340.6 Mil.

During the past 12 months, National Environmental Recycling Co's average Total Assets Growth Rate was 34.40% per year. During the past 3 years, the average Total Assets Growth Rate was 85.90% per year.

During the past 4 years, National Environmental Recycling Co's highest 3-Year average Total Assets Growth Rate was 85.90%. The lowest was 85.90%. And the median was 85.90%.

Total Assets is connected with ROA %. National Environmental Recycling Co's annualized ROA % for the quarter that ended in Jun. 2024 was 6.63%. Total Assets is also linked to Revenue through Asset Turnover. National Environmental Recycling Co's Asset Turnover for the quarter that ended in Jun. 2024 was 1.19.


National Environmental Recycling Co Total Assets Historical Data

The historical data trend for National Environmental Recycling 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.

National Environmental Recycling Co Total Assets Chart

National Environmental Recycling Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
65.63 170.71 215.96 324.67

National Environmental Recycling Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial 173.58 215.96 265.92 324.67 340.58

National Environmental Recycling 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.

National Environmental Recycling 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 )
=199.944+124.723
=324.7

National Environmental Recycling Co'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 )
=210.958+129.622
=340.6

* 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.


National Environmental Recycling Co  (SAU:9540) Total Assets Explanation

Total Assets is connected with ROA %.

National Environmental Recycling Co'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 )
=22.052/( (324.667+340.58)/ 2 )
=22.052/332.6235
=6.63 %

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.

National Environmental Recycling Co'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 )
=396.891/( (324.667+340.58)/ 2 )
=396.891/332.6235
=1.19

* 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.

National Environmental Recycling Co Total Assets Related Terms

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National Environmental Recycling Co Business Description

Traded in Other Exchanges
N/A
Address
7330, Wadi Waj Road, P.O. Box 3431, Al Malqa District, Riyadh, SAU, 3431-13524
National Environmental Recycling Co provides environmental and safe solutions for the recycling of electronic and electrical equipment, which is in the Middle East and North Africa. Its operational areas comprise Ferrous recycling operations, Non-Ferrous recycling operations, Plastics recycling operations, and ITAD operations. Its recycling categories consist of Consumer and lighting equipment, Home appliances and electrical devices, Computers and their peripherals, televisions, monitors, radios and telephones, Medical equipment, and Surveillance and control equipment, among others.

National Environmental Recycling Co Headlines

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