Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Total Assets : BHD177.36 Mil (As of Mar. 2024)

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What is Bahrain Kuwait Insurance Co BSC Total Assets?

Bahrain Kuwait Insurance Co BSC's Total Assets for the quarter that ended in Mar. 2024 was BHD177.36 Mil.

During the past 12 months, Bahrain Kuwait Insurance Co BSC's average Total Assets Growth Rate was 42.20% per year. During the past 3 years, the average Total Assets Growth Rate was -8.00% per year. During the past 5 years, the average Total Assets Growth Rate was -5.40% per year. During the past 10 years, the average Total Assets Growth Rate was 10.10% per year.

During the past 13 years, Bahrain Kuwait Insurance Co BSC's highest 3-Year average Total Assets Growth Rate was 46.40%. The lowest was -10.70%. And the median was 7.20%.

Total Assets is connected with ROA %. Bahrain Kuwait Insurance Co BSC's annualized ROA % for the quarter that ended in Mar. 2024 was 4.20%. Total Assets is also linked to Revenue through Asset Turnover. Bahrain Kuwait Insurance Co BSC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Bahrain Kuwait Insurance Co BSC Total Assets Historical Data

The historical data trend for Bahrain Kuwait Insurance Co BSC'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.

Bahrain Kuwait Insurance Co BSC Total Assets Chart

Bahrain Kuwait Insurance Co BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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245.74

239.52

232.36

210.02

171.47

Bahrain Kuwait Insurance Co BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															162.26	163.19	159.89	171.47	177.36

Bahrain Kuwait Insurance Co BSC 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.

Bahrain Kuwait Insurance Co BSC'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 )
	=	46.242	+	125.229
	=	171.47

Bahrain Kuwait Insurance Co BSC'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 )
	=	43.528	+	133.836
	=	177.36

Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Total Assets Explanation

Total Assets is connected with ROA %.

Bahrain Kuwait Insurance Co BSC'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 )
	=	7.332	/	( (171.471	+	177.364)	/ 2 )
	=	7.332	/	174.4175
	=	4.20 %

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.

Bahrain Kuwait Insurance Co BSC'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 )
=	14.006	/	( (171.471	+	177.364)	/ 2 )
=	14.006	/	174.4175
=	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.

Bahrain Kuwait Insurance Co BSC Total Assets Related Terms

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Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Bahrain Kuwait Insurance Co BSC (BAH:BKIC) » Definitions » Total Assets

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Address

BKIC Tower 2775, Road 2835, PO Box 10166, Block 428, Seef District, Manama, BHR

Website

https://www.gigbh.com

Bahrain Kuwait Insurance Co BSC is a Bahrain- based insurance company. The operating segment of the company is Fire and general, Motor, Marine and Aviation and Family Takaful. Fire and General covers risks of fire, general accident, medical, group life and special contingency. Motor covers risks of motor third party, motor comprehensive and extended warranty. Marine and Aviation cover risks of marine cargo, marine hull, and marine aviation. Family Takaful covers risks of group life, education, protection, savings, among others. Geographically, it operates in Bahrain and some other countries.

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