Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Total Assets : ر.ع166.5 Mil (As of Dec. 2023)

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What is Al Maha Petroleum Products Marketing CoOG Total Assets?

Al Maha Petroleum Products Marketing CoOG's Total Assets for the quarter that ended in Dec. 2023 was ر.ع166.5 Mil.

During the past 12 months, Al Maha Petroleum Products Marketing CoOG's average Total Assets Growth Rate was 6.70% per year. During the past 3 years, the average Total Assets Growth Rate was 12.20% per year. During the past 5 years, the average Total Assets Growth Rate was 4.80% per year. During the past 10 years, the average Total Assets Growth Rate was 5.50% per year.

During the past 13 years, Al Maha Petroleum Products Marketing CoOG's highest 3-Year average Total Assets Growth Rate was 23.20%. The lowest was -5.50%. And the median was 11.00%.

Total Assets is connected with ROA %. Al Maha Petroleum Products Marketing CoOG's annualized ROA % for the quarter that ended in Dec. 2023 was 1.83%. Total Assets is also linked to Revenue through Asset Turnover. Al Maha Petroleum Products Marketing CoOG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.73.

Al Maha Petroleum Products Marketing CoOG Total Assets Historical Data

The historical data trend for Al Maha Petroleum Products Marketing CoOG'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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Al Maha Petroleum Products Marketing CoOG Total Assets Chart

Al Maha Petroleum Products Marketing CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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150.58

129.20

136.49

151.54

166.50

Al Maha Petroleum Products Marketing CoOG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															151.54	169.87	153.48	180.47	166.50

Al Maha Petroleum Products Marketing CoOG 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.

Al Maha Petroleum Products Marketing CoOG'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 )
	=	47.976	+	118.528
	=	166.5

Al Maha Petroleum Products Marketing CoOG'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 )
	=	47.976	+	118.528
	=	166.5

Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Total Assets Explanation

Total Assets is connected with ROA %.

Al Maha Petroleum Products Marketing CoOG'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 )
	=	3.18	/	( (180.468	+	166.504)	/ 2 )
	=	3.18	/	173.486
	=	1.83 %

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.

Al Maha Petroleum Products Marketing CoOG'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 )
=	126.718	/	( (180.468	+	166.504)	/ 2 )
=	126.718	/	173.486
=	0.73

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.

Al Maha Petroleum Products Marketing CoOG Total Assets Related Terms

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Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Al Maha Petroleum Products Marketing Co SAOG (MUS:MHAS) » Definitions » Total Assets

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Address

Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116

Website

https://www.almaha.com.om

Al Maha Petroleum Products Marketing Co SAOG markets and distributes petroleum products. It supplies fuel and petroleum-based products to retail, industrial, and aviation markets and offers environment-friendly oil and lubricants through its service stations. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, and Other sales. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.

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