Dar Almarkabah For Renting Cars Co (SAU:9577) Total Assets : ﷼80.71 Mil (As of Dec. 2023)

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What is Dar Almarkabah For Renting Cars Co Total Assets?

Dar Almarkabah For Renting Cars Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼80.71 Mil.

During the past 12 months, Dar Almarkabah For Renting Cars Co's average Total Assets Growth Rate was 5.40% per year.

Total Assets is connected with ROA %. Dar Almarkabah For Renting Cars Co's annualized ROA % for the quarter that ended in Dec. 2023 was -0.16%. Total Assets is also linked to Revenue through Asset Turnover. Dar Almarkabah For Renting Cars Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.93.

Dar Almarkabah For Renting Cars Co Total Assets Historical Data

The historical data trend for Dar Almarkabah For Renting Cars 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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Dar Almarkabah For Renting Cars Co Total Assets Chart

Dar Almarkabah For Renting Cars Co Annual Data

Trend

Dec22

Dec23

Total Assets

72.72

80.71

Dar Almarkabah For Renting Cars Co Semi-Annual Data
	Dec22	Dec23
Total Assets	72.72	80.71

Dar Almarkabah For Renting Cars 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.

Dar Almarkabah For Renting Cars 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 )
	=	40.519	+	80.711
	=	121.23

Dar Almarkabah For Renting Cars 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 )
	=	40.519	+	80.711
	=	121.23

Dar Almarkabah For Renting Cars Co (SAU:9577) Total Assets Explanation

Total Assets is connected with ROA %.

Dar Almarkabah For Renting Cars Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.126	/	( (72.718	+	80.711)	/ 2 )
	=	-0.126	/	76.7145
	=	-0.16 %

Note: The Net Income data used here is one times the 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.

Dar Almarkabah For Renting Cars Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	70.984	/	( (72.718	+	80.711)	/ 2 )
=	70.984	/	76.7145
=	0.93

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.

Dar Almarkabah For Renting Cars Co Total Assets Related Terms

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Dar Almarkabah For Renting Cars Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Dar Almarkabah For Renting Cars Co (SAU:9577) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makkah Al Mukarramah Road, Al-Rabwah District, Riyadh, SAU, 12813

Website

https://www.dsrent.com.sa/

Dar Almarkabah For Renting Cars Co is a rental car service company. The activities of the company are car rental service without driver. car rental service with driver. long term leasing service. rental vehicles for companies and government sectors and transfer service to and from airports. valet parking.

Dar Almarkabah For Renting Cars Co Headlines

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