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GFH Financial Group BSC (BAH:GFH) Total Assets : $10,558.2 Mil (As of Mar. 2024)


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What is GFH Financial Group BSC Total Assets?

GFH Financial Group BSC's Total Assets for the quarter that ended in Mar. 2024 was $10,558.2 Mil.

Warning Sign:

If a company builds assets at 16.9% a year, faster than its revenue growth rate of 8.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, GFH Financial Group BSC's average Total Assets Growth Rate was 9.80% per year. During the past 3 years, the average Total Assets Growth Rate was 16.50% per year. During the past 5 years, the average Total Assets Growth Rate was 16.90% per year. During the past 10 years, the average Total Assets Growth Rate was 22.20% per year.

During the past 13 years, GFH Financial Group BSC's highest 3-Year average Total Assets Growth Rate was 50.40%. The lowest was -38.20%. And the median was 17.55%.

Total Assets is connected with ROA %. GFH Financial Group BSC's annualized ROA % for the quarter that ended in Mar. 2024 was 1.00%. Total Assets is also linked to Revenue through Asset Turnover. GFH Financial Group BSC's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.


GFH Financial Group BSC Total Assets Historical Data

The historical data trend for GFH Financial Group 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.

GFH Financial Group BSC Total Assets Chart

GFH Financial Group BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,945.27 6,586.86 8,083.69 9,760.29 11,121.48

GFH Financial Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,400.87 10,336.06 10,542.06 11,121.48 10,558.17

GFH Financial Group 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.

GFH Financial Group 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 )
=1074.362+10047.117
=11,121.5

GFH Financial Group 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 )
=1084.648+9473.525
=10,558.2

* 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.


GFH Financial Group BSC  (BAH:GFH) Total Assets Explanation

Total Assets is connected with ROA %.

GFH Financial Group 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 )
=108.54/( (11121.479+10558.173)/ 2 )
=108.54/10839.826
=1.00 %

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.

GFH Financial Group 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 )
=99.152/( (11121.479+10558.173)/ 2 )
=99.152/10839.826
=0.01

* 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.

GFH Financial Group BSC Total Assets Related Terms

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GFH Financial Group BSC (BAH:GFH) Business Description

Address
Block 346, Road 4626, Building 1398, East Tower, P.O. Box 10006, Office 2901, 29th Floor, Bahrain Financial Harbour, Manama, BHR
GFH Financial Group BSC is an Islamic wholesale investment bank. The firm is organized into three operating segments Investment Banking, Commercial Banking and Proprietary and treasury. Substantial revenue is generated from Proprietary and Treasury operations. The Group has primary operations in Bahrain. The investment banking segment focuses on private equity and asset management activities, Commercial Banking includes all sharia compliant corporate banking and retail banking activities of the Group provided through the Group's subsidiary, Proprietary and treasury includes all common costs and activities that are undertaken at the Group level, including treasury and residual proprietary and co-investment assets.

GFH Financial Group BSC (BAH:GFH) Headlines

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