Arabian Contracting Services Co (SAU:4071) Total Assets : ﷼4,875 Mil (As of Mar. 2024)

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What is Arabian Contracting Services Co Total Assets?

Arabian Contracting Services Co's Total Assets for the quarter that ended in Mar. 2024 was ﷼4,875 Mil.

During the past 12 months, Arabian Contracting Services Co's average Total Assets Growth Rate was 72.50% per year. During the past 3 years, the average Total Assets Growth Rate was 50.30% per year.

During the past 4 years, Arabian Contracting Services Co's highest 3-Year average Total Assets Growth Rate was 50.30%. The lowest was 50.30%. And the median was 50.30%.

Total Assets is connected with ROA %. Arabian Contracting Services Co's annualized ROA % for the quarter that ended in Mar. 2024 was 8.56%. Total Assets is also linked to Revenue through Asset Turnover. Arabian Contracting Services Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Arabian Contracting Services Co Total Assets Historical Data

The historical data trend for Arabian Contracting 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 Contracting Services Co Total Assets Chart

Arabian Contracting Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

1,314.87

3,239.73

2,642.24

4,545.37

Arabian Contracting 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									2,837.05	2,792.38	2,663.79	4,545.37	4,874.78

Arabian Contracting 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 Contracting 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 )
	=	1116.713	+	3428.66
	=	4,545

Arabian Contracting 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 )
	=	1218.803	+	3655.974
	=	4,875

Arabian Contracting Services Co (SAU:4071) Total Assets Explanation

Total Assets is connected with ROA %.

Arabian Contracting 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 )
	=	403.292	/	( (4545.374	+	4874.778)	/ 2 )
	=	403.292	/	4710.076
	=	8.56 %

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 Contracting 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 )
=	439.073	/	( (4545.374	+	4874.778)	/ 2 )
=	439.073	/	4710.076
=	0.09

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 Contracting Services Co Total Assets Related Terms

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Arabian Contracting Services Co (SAU:4071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Arabian Contracting Services Co (SAU:4071) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Olaya Towers, Tower B, Floor 33, P.O.Box 55905, Riyadh, SAU, 11544

Website

https://www.al-arabia.com

Arabian Contracting Services Co in setting up and operating outdoor advertising billboards, including roadside advertising and indoor advertising. In roadside advertising, the company participates in the tenders organized by various secretariat, municipalities, and government agencies in all provinces and cities of Saudi Arabia to lease and invest in the many sites belonging to these agencies and secretariat by installing billboards in them and selling these billboards advertising spaces to their clients.

Arabian Contracting Services Co (SAU:4071) Headlines

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