Almunajem Foods (SAU:4162) Total Assets : ﷼1,739 Mil (As of Mar. 2024)

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What is Almunajem Foods Total Assets?

Almunajem Foods's Total Assets for the quarter that ended in Mar. 2024 was ﷼1,739 Mil.

During the past 12 months, Almunajem Foods's average Total Assets Growth Rate was 8.70% per year. During the past 3 years, the average Total Assets Growth Rate was 7.80% per year.

During the past 4 years, Almunajem Foods's highest 3-Year average Total Assets Growth Rate was 7.80%. The lowest was 7.80%. And the median was 7.80%.

Total Assets is connected with ROA %. Almunajem Foods's annualized ROA % for the quarter that ended in Mar. 2024 was 27.60%. Total Assets is also linked to Revenue through Asset Turnover. Almunajem Foods's Asset Turnover for the quarter that ended in Mar. 2024 was 0.55.

Almunajem Foods Total Assets Historical Data

The historical data trend for Almunajem Foods'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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Almunajem Foods Total Assets Chart

Almunajem Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

1,069.85

1,297.97

1,484.35

1,564.76

Almunajem Foods Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial									1,647.46	1,565.12	1,503.75	1,564.76	1,739.29

Almunajem Foods 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.

Almunajem Foods'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 )
	=	927.529	+	637.228
	=	1,565

Almunajem Foods'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 )
	=	1041.531	+	697.754
	=	1,739

Almunajem Foods (SAU:4162) Total Assets Explanation

Total Assets is connected with ROA %.

Almunajem Foods'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 )
	=	456.008	/	( (1564.757	+	1739.285)	/ 2 )
	=	456.008	/	1652.021
	=	27.60 %

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.

Almunajem Foods'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 )
=	902.945	/	( (1564.757	+	1739.285)	/ 2 )
=	902.945	/	1652.021
=	0.55

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.

Almunajem Foods Total Assets Related Terms

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Almunajem Foods (SAU:4162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Almunajem Foods (SAU:4162) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

7510 Takhassusi Street, P O Box 1544, North Mathar, Riyadh, SAU, 11441

Website

https://www.almunajemfoods.com

Almunajem Foods is a food company which is engaged in the importation, marketing, and distribution of frozen, chilled, and dry foodstuff. It serves over 18,000 customer outlets including retail, food services, and wholesale channels.

Almunajem Foods (SAU:4162) Headlines

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