Abu Dhabi National Takaful Co PSC (ADX:TKFL) Total Assets : د.إ1,265.7 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Abu Dhabi National Takaful Co PSC Total Assets?

Abu Dhabi National Takaful Co PSC's Total Assets for the quarter that ended in Dec. 2023 was د.إ1,265.7 Mil.

During the past 12 months, Abu Dhabi National Takaful Co PSC's average Total Assets Growth Rate was 27.10% per year. During the past 3 years, the average Total Assets Growth Rate was -3.50% per year. During the past 5 years, the average Total Assets Growth Rate was -1.40% per year. During the past 10 years, the average Total Assets Growth Rate was 5.30% per year.

During the past 13 years, Abu Dhabi National Takaful Co PSC's highest 3-Year average Total Assets Growth Rate was 35.60%. The lowest was -4.20%. And the median was 12.10%.

Total Assets is connected with ROA %. Abu Dhabi National Takaful Co PSC's annualized ROA % for the quarter that ended in Dec. 2023 was 13.72%. Total Assets is also linked to Revenue through Asset Turnover. Abu Dhabi National Takaful Co PSC's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.

Abu Dhabi National Takaful Co PSC Total Assets Historical Data

The historical data trend for Abu Dhabi National Takaful Co PSC'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.

Abu Dhabi National Takaful Co PSC Total Assets Chart

Abu Dhabi National Takaful Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

1,232.03

1,389.78

1,079.09

1,050.06

1,265.71

Abu Dhabi National Takaful Co PSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															1,050.06	1,305.49	1,337.07	1,389.83	1,265.71

Abu Dhabi National Takaful Co PSC 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.

Abu Dhabi National Takaful Co PSC'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 )
	=	449.452	+	816.253
	=	1,265.7

Abu Dhabi National Takaful Co PSC'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 )
	=	449.452	+	816.253
	=	1,265.7

Abu Dhabi National Takaful Co PSC (ADX:TKFL) Total Assets Explanation

Total Assets is connected with ROA %.

Abu Dhabi National Takaful Co PSC's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	182.236	/	( (1389.83	+	1265.705)	/ 2 )
	=	182.236	/	1327.7675
	=	13.72 %

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

Abu Dhabi National Takaful Co PSC's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	103.71	/	( (1389.83	+	1265.705)	/ 2 )
=	103.71	/	1327.7675
=	0.08

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.

Abu Dhabi National Takaful Co PSC Total Assets Related Terms

Thank you for viewing the detailed overview of Abu Dhabi National Takaful Co PSC's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Abu Dhabi National Takaful Co PSC (ADX:TKFL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE

Website

http://www.takaful.ae

Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) Headlines

No Headlines