Mobile Telecommunications Companyudi Arabia (SAU:7030) Total Assets : ﷼26,838 Mil (As of Mar. 2024)

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What is Mobile Telecommunications Companyudi Arabia Total Assets?

Mobile Telecommunications Companyudi Arabia's Total Assets for the quarter that ended in Mar. 2024 was ﷼26,838 Mil.

During the past 12 months, Mobile Telecommunications Companyudi Arabia's average Total Assets Growth Rate was -2.30% per year. During the past 3 years, the average Total Assets Growth Rate was -1.00% per year. During the past 5 years, the average Total Assets Growth Rate was 1.30% per year. During the past 10 years, the average Total Assets Growth Rate was 1.20% per year.

During the past 13 years, Mobile Telecommunications Companyudi Arabia's highest 3-Year average Total Assets Growth Rate was 3.40%. The lowest was -3.00%. And the median was 0.10%.

Total Assets is connected with ROA %. Mobile Telecommunications Companyudi Arabia's annualized ROA % for the quarter that ended in Mar. 2024 was 0.98%. Total Assets is also linked to Revenue through Asset Turnover. Mobile Telecommunications Companyudi Arabia's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Mobile Telecommunications Companyudi Arabia Total Assets Historical Data

The historical data trend for Mobile Telecommunications Companyudi Arabia'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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Mobile Telecommunications Companyudi Arabia Total Assets Chart

Mobile Telecommunications Companyudi Arabia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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27,738.25

28,157.76

28,083.01

28,460.87

27,378.23

Mobile Telecommunications Companyudi Arabia 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															28,906.62	28,367.17	27,945.59	27,378.23	26,837.84

Mobile Telecommunications Companyudi Arabia 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.

Mobile Telecommunications Companyudi Arabia'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 )
	=	10591.42	+	16786.812
	=	27,378

Mobile Telecommunications Companyudi Arabia'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 )
	=	10659.385	+	16178.457
	=	26,838

Mobile Telecommunications Companyudi Arabia (SAU:7030) Total Assets Explanation

Total Assets is connected with ROA %.

Mobile Telecommunications Companyudi Arabia'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 )
	=	266.028	/	( (27378.232	+	26837.842)	/ 2 )
	=	266.028	/	27108.037
	=	0.98 %

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.

Mobile Telecommunications Companyudi Arabia'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 )
=	2535.176	/	( (27378.232	+	26837.842)	/ 2 )
=	2535.176	/	27108.037
=	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.

Mobile Telecommunications Companyudi Arabia Total Assets Related Terms

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Mobile Telecommunications Companyudi Arabia (SAU:7030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Mobile Telecommunications Company Saudi Arabia (SAU:7030) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

Granada Business Park - Building A3, Zain in Saudi Arabia, P.O. Box 295814, Riyadh, SAU, 11351

Website

https://www.sa.zain.com

Mobile Telecommunications Company Saudi Arabia serves in the communication sector based in the Middle East. The company is engaged in the purchases, sells, distributes, installs, manages and maintains mobile telephone services and equipment. It also provides consulting services; constructs and repairs telecom towers and others. The firm's Mobile Telecommunications Group derives the majority of its revenue.

Mobile Telecommunications Companyudi Arabia (SAU:7030) Headlines

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