Arabian Internet and Communications Services Co (SAU:7202) Total Assets : ﷼11,101 Mil (As of Mar. 2024)

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What is Arabian Internet and Communications Services Co Total Assets?

Arabian Internet and Communications Services Co's Total Assets for the quarter that ended in Mar. 2024 was ﷼11,101 Mil.

During the past 12 months, Arabian Internet and Communications Services Co's average Total Assets Growth Rate was 26.80% per year. During the past 3 years, the average Total Assets Growth Rate was 14.00% per year.

During the past 4 years, Arabian Internet and Communications Services Co's highest 3-Year average Total Assets Growth Rate was 14.00%. The lowest was 14.00%. And the median was 14.00%.

Total Assets is connected with ROA %. Arabian Internet and Communications Services Co's annualized ROA % for the quarter that ended in Mar. 2024 was 12.50%. Total Assets is also linked to Revenue through Asset Turnover. Arabian Internet and Communications Services Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.25.

Arabian Internet and Communications Services Co Total Assets Historical Data

The historical data trend for Arabian Internet and Communications Services 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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Arabian Internet and Communications Services Co Total Assets Chart

Arabian Internet and Communications Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

6,334.63

7,172.75

10,325.08

11,516.24

Arabian Internet and Communications Services Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial									10,548.24	10,327.18	10,830.18	11,516.24	11,101.43

Arabian Internet and Communications Services 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.

Arabian Internet and Communications Services 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 )
	=	3352.554	+	8163.69
	=	11,516

Arabian Internet and Communications Services Co'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 )
	=	3536.83	+	7564.601
	=	11,101

Arabian Internet and Communications Services Co (SAU:7202) Total Assets Explanation

Total Assets is connected with ROA %.

Arabian Internet and Communications Services Co'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 )
	=	1413.344	/	( (11516.244	+	11101.431)	/ 2 )
	=	1413.344	/	11308.8375
	=	12.50 %

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.

Arabian Internet and Communications Services Co'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 )
=	2808.648	/	( (11516.244	+	11101.431)	/ 2 )
=	2808.648	/	11308.8375
=	0.25

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.

Arabian Internet and Communications Services Co Total Assets Related Terms

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Arabian Internet and Communications Services Co (SAU:7202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Arabian Internet and Communications Services Co (SAU:7202) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Olaya Street, P.O. Box 50, Riyadh, SAU, 11372

Website

https://www.solutions.com.sa

Arabian Internet and Communications Services Co is an information and communication company. The company has three segments namely Core ICT Services, IT Managed and Operational Services and Digital Services. It derives majority of the revenue from Core ICT Services.

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