AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Total Assets : ﷼112.7 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is AlMuneef Co For Trade Industry Agriculture And Contracting Total Assets?

AlMuneef Co For Trade Industry Agriculture And Contracting's Total Assets for the quarter that ended in Dec. 2023 was ﷼112.7 Mil.

During the past 12 months, AlMuneef Co For Trade Industry Agriculture And Contracting's average Total Assets Growth Rate was 7.90% per year.

Total Assets is connected with ROA %. AlMuneef Co For Trade Industry Agriculture And Contracting's annualized ROA % for the quarter that ended in Dec. 2023 was 13.27%. Total Assets is also linked to Revenue through Asset Turnover. AlMuneef Co For Trade Industry Agriculture And Contracting's Asset Turnover for the quarter that ended in Dec. 2023 was 1.15.

AlMuneef Co For Trade Industry Agriculture And Contracting Total Assets Historical Data

The historical data trend for AlMuneef Co For Trade Industry Agriculture And Contracting'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.

AlMuneef Co For Trade Industry Agriculture And Contracting Total Assets Chart

AlMuneef Co For Trade Industry Agriculture And Contracting Annual Data

Trend

Dec21

Dec22

Dec23

Total Assets

67.39

93.37

112.74

AlMuneef Co For Trade Industry Agriculture And Contracting Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Total Assets	-	93.37	99.51	112.74

AlMuneef Co For Trade Industry Agriculture And Contracting 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.

AlMuneef Co For Trade Industry Agriculture And Contracting'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 )
	=	94.431	+	18.308
	=	112.7

AlMuneef Co For Trade Industry Agriculture And Contracting'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 )
	=	94.431	+	18.308
	=	112.7

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Total Assets Explanation

Total Assets is connected with ROA %.

AlMuneef Co For Trade Industry Agriculture And Contracting'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 )
	=	14.08	/	( (99.513	+	112.74)	/ 2 )
	=	14.08	/	106.1265
	=	13.27 %

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.

AlMuneef Co For Trade Industry Agriculture And Contracting'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 )
=	121.958	/	( (99.513	+	112.74)	/ 2 )
=	121.958	/	106.1265
=	1.15

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.

AlMuneef Co For Trade Industry Agriculture And Contracting Total Assets Related Terms

Thank you for viewing the detailed overview of AlMuneef Co For Trade Industry Agriculture And Contracting's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 5065, Unit No. 1, Al-Manakh District, Riyadh, SAU, 14314

Website

https://www.almuneef.com

AlMuneef Co For Trade Industry Agriculture And Contracting is engaged in the business which includes operating quarries, cutting and sawing marble, renovation of residential and non-residential buildings, wholesale of chemical fertilizers and soil conditioners, and pesticides, as listed in the commercial register. wholesale of pesticides, wholesale of health pesticides, and retail of pesticides. Fuel for automobiles and motorcycles (gas stations), retail of seedlings and saplings of agricultural products, retail of plant seeds, fertilizers, and soil conditioners, retail of agricultural pesticides, land transportation of goods, silo storage of grains, flour, and agricultural products.

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Headlines

No Headlines