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Almujtama Alraida Medical Co (SAU:9592) Total Assets : ﷼442.0 Mil (As of Dec. 2023)


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What is Almujtama Alraida Medical Co Total Assets?

Almujtama Alraida Medical Co's Total Assets for the quarter that ended in Dec. 2023 was ﷼442.0 Mil.

During the past 12 months, Almujtama Alraida Medical Co's average Total Assets Growth Rate was 32.20% per year.

Total Assets is connected with ROA %. Almujtama Alraida Medical Co's annualized ROA % for the quarter that ended in Dec. 2023 was 2.93%. Total Assets is also linked to Revenue through Asset Turnover. Almujtama Alraida Medical Co's Asset Turnover for the quarter that ended in Dec. 2023 was 1.05.

Almujtama Alraida Medical Co Total Assets Historical Data

The historical data trend for Almujtama Alraida Medical 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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Almujtama Alraida Medical Co Total Assets Chart

Almujtama Alraida Medical Co Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
303.24 334.43 442.00

Almujtama Alraida Medical Co Semi-Annual Data
Dec21 Dec22 Dec23
Total Assets 303.24 334.43 442.00

Almujtama Alraida Medical 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.

Almujtama Alraida Medical 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 )
=129.784+312.213
=442.0

Almujtama Alraida Medical 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 )
=129.784+312.213
=442.0

* 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.

Almujtama Alraida Medical Co  (SAU:9592) Total Assets Explanation

Total Assets is connected with ROA %.

Almujtama Alraida Medical 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 )
=11.393/( (334.426+441.997)/ 2 )
=11.393/388.2115
=2.93 %

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.

Almujtama Alraida Medical 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 )
=407.74/( (334.426+441.997)/ 2 )
=407.74/388.2115
=1.05

* 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.

Almujtama Alraida Medical Co Total Assets Related Terms

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Almujtama Alraida Medical Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Almujtama Alraida Medical Co (SAU:9592) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
Main Street, P.O. Box 109474, Al-Hamadania District, Jeddah, SAU, 21351
Website
https://www.almujtama.com.sa
Almujtama Alraida Medical Co is a company having its core operations include operating pharmacies and retail in pharmaceutical products such as medicines and cosmetic products and medical equipment and medical supplies. It also provides pharmaceutical services in the Kingdom of Saudi Arabia. The Company also has an electronic pharmacy through which sales are made online through the Company's website, including providing free delivery service to customers.

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