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Saudi Top for Trading Co (SAU:9552) Total Assets : ﷼141.3 Mil (As of Jun. 2024)


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What is Saudi Top for Trading Co Total Assets?

Saudi Top for Trading Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼141.3 Mil.

During the past 12 months, Saudi Top for Trading Co's average Total Assets Growth Rate was 17.00% per year.

Total Assets is connected with ROA %. Saudi Top for Trading Co's annualized ROA % for the quarter that ended in Jun. 2024 was 4.24%. Total Assets is also linked to Revenue through Asset Turnover. Saudi Top for Trading Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.54.

Saudi Top for Trading Co Total Assets Historical Data

The historical data trend for Saudi Top for Trading 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.

Saudi Top for Trading Co Total Assets Chart

Saudi Top for Trading Co Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
106.47 129.58 133.29

Saudi Top for Trading Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial - 129.58 121.71 133.29 141.34

Saudi Top for Trading 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.

Saudi Top for Trading 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 )
=68.109+65.183
=133.3

Saudi Top for Trading 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 )
=71.019+70.324
=141.3

* 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.

Saudi Top for Trading Co  (SAU:9552) Total Assets Explanation

Total Assets is connected with ROA %.

Saudi Top for Trading 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 )
=5.82/( (133.292+141.344)/ 2 )
=5.82/137.318
=4.24 %

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.

Saudi Top for Trading 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 )
=73.983/( (133.292+141.344)/ 2 )
=73.983/137.318
=0.54

* 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.

Saudi Top for Trading Co Total Assets Related Terms

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Saudi Top for Trading Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Saudi Top for Trading Co (SAU:9552) » Definitions » Total Assets
Comparable Companies
SAU:9548 SAU:9607 SAU:9605 SAU:9525 LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA DD SHSE:600309 PPG XAMS:DSFIR OCSE:NSIS B BOM:500820 LYB IFF
Traded in Other Exchanges
N/A
Address
3776 Eastern Ring Road, Alnoor District, Riyadh, SAU, 14321
Website
https://www.stp.com.sa
Saudi Top for Trading Co is engaged in the plastic raw materials business as a trading company or manufacturer and also an authorized distributor for petrochemical-producing companies. The company's product portfolio includes Polyethylene WAX, Polyethylene, Polyethylene Terephthalate, Thermoplastic Elastomers, Styrenics, Polypropylene Rubber, and Engineering Polymers.

Saudi Top for Trading Co Headlines

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