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TECOM Group PJSC (DFM:TECOM) Total Assets : د.إ15,187 Mil (As of Mar. 2024)


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What is TECOM Group PJSC Total Assets?

TECOM Group PJSC's Total Assets for the quarter that ended in Mar. 2024 was د.إ15,187 Mil.

During the past 12 months, TECOM Group PJSC's average Total Assets Growth Rate was 3.90% per year. During the past 3 years, the average Total Assets Growth Rate was -3.50% per year.

During the past 5 years, TECOM Group PJSC's highest 3-Year average Total Assets Growth Rate was -2.10%. The lowest was -3.50%. And the median was -2.80%.

Total Assets is connected with ROA %. TECOM Group PJSC's annualized ROA % for the quarter that ended in Mar. 2024 was 7.80%. Total Assets is also linked to Revenue through Asset Turnover. TECOM Group PJSC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

TECOM Group PJSC Total Assets Historical Data

The historical data trend for TECOM Group PJSC'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.

TECOM Group PJSC Total Assets Chart

TECOM Group PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
16,245.42 16,914.81 16,364.13 14,555.33 14,814.27

TECOM Group PJSC Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,615.64 14,565.34 14,666.29 14,814.27 15,187.11

TECOM Group PJSC 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.

TECOM Group PJSC'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 )
=6329.007+8485.258
=14,814

TECOM Group PJSC's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=6244.809+8942.299
=15,187

* 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.

TECOM Group PJSC  (DFM:TECOM) Total Assets Explanation

Total Assets is connected with ROA %.

TECOM Group PJSC's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1170.112/( (14814.265+15187.108)/ 2 )
=1170.112/15000.6865
=7.80 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

TECOM Group PJSC's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=564.038/( (14814.265+15187.108)/ 2 )
=564.038/15000.6865
=0.04

* 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.

TECOM Group PJSC Total Assets Related Terms

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TECOM Group PJSC (DFM:TECOM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TECOM Group PJSC (DFM:TECOM) » Definitions » Total Assets
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ADX:QHOLDING ADX:ESHRAQ ADX:ARAM ADX:KICO CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 SGX:9CI OSTO:AKEL D HKSE:01997 MIL:INW HKSE:01209 XTER:DWNI XSWX:SPSN TSE:3003 STC:VHM SAU:4250
Traded in Other Exchanges
N/A
Address
Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE
Website
https://www.tecomgroup.ae
TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

TECOM Group PJSC (DFM:TECOM) Headlines

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