GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Total Assets

Professional Medical Expertise Co (SAU:9574) Total Assets : ﷼307.1 Mil (As of Jun. 2024)


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

What is Professional Medical Expertise Co Total Assets?

Professional Medical Expertise Co's Total Assets for the quarter that ended in Jun. 2024 was ﷼307.1 Mil.

Total Assets is connected with ROA %. Professional Medical Expertise Co's annualized ROA % for the quarter that ended in Jun. 2024 was 8.26%. Total Assets is also linked to Revenue through Asset Turnover. Professional Medical Expertise Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.51.

Professional Medical Expertise Co Total Assets Historical Data

The historical data trend for Professional Medical Expertise 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.

Professional Medical Expertise Co Total Assets Chart

Professional Medical Expertise Co Annual Data
Trend Dec22 Dec23
Total Assets
199.21 279.35

Professional Medical Expertise Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Total Assets 199.21 - 279.35 307.10

Professional Medical Expertise 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.

Professional Medical Expertise 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 )
=97.2+182.146
=279.3

Professional Medical Expertise 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 )
=99.334+207.761
=307.1

* 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.

Professional Medical Expertise Co  (SAU:9574) Total Assets Explanation

Total Assets is connected with ROA %.

Professional Medical Expertise 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 )
=24.22/( (279.347+307.095)/ 2 )
=24.22/293.221
=8.26 %

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.

Professional Medical Expertise 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 )
=149.433/( (279.347+307.095)/ 2 )
=149.433/293.221
=0.51

* 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.

Professional Medical Expertise Co Total Assets Related Terms

Thank you for viewing the detailed overview of Professional Medical Expertise Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Professional Medical Expertise Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Total Assets
Comparable Companies
SAU:9616 SAU:9620 ABT BSX SYK MDT XTER:SHL EW SZSE:300760 DXCM XAMS:PHIA ZBH STE PODD XSWX:SOON TSE:7733 SHSE:688271 LSE:SN. TSE:6869 ASX:COH
Traded in Other Exchanges
N/A
Address
Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434
Website
https://www.promedex.com
Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers. The Group operates in the Kingdom of Saudi Arabia (KSA) which gives key revenue and United Arab of Emirates (UAE).

Professional Medical Expertise Co Headlines

No Headlines