Al Rashid Industrial Co (SAU:9580) Total Assets : ﷼127.5 Mil (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Al Rashid Industrial Co Total Assets?

Al Rashid Industrial Co's Total Assets for the quarter that ended in Dec. 2022 was ﷼127.5 Mil.

During the past 12 months, Al Rashid Industrial Co's average Total Assets Growth Rate was 2.00% per year.

Total Assets is connected with ROA %. Al Rashid Industrial Co's annualized ROA % for the quarter that ended in Dec. 2022 was %. Total Assets is also linked to Revenue through Asset Turnover. Al Rashid Industrial Co's Asset Turnover for the quarter that ended in Dec. 2022 was .

Al Rashid Industrial Co Total Assets Historical Data

The historical data trend for Al Rashid Industrial 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.

* Premium members only.

Al Rashid Industrial Co Total Assets Chart

Al Rashid Industrial Co Annual Data

Trend

Dec22

Dec23

Total Assets

127.55

143.65

Al Rashid Industrial Co Quarterly Data
	Dec22	Dec23
Total Assets	127.55	143.65

Al Rashid Industrial 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.

Al Rashid Industrial 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 )
	=	121.09	+	22.556
	=	143.6

Al Rashid Industrial Co's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2022 )	+	Total Liabilities (Q: Dec. 2022 )
	=	106.305	+	21.24
	=	127.5

Al Rashid Industrial Co (SAU:9580) Total Assets Explanation

Total Assets is connected with ROA %.

Al Rashid Industrial Co's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %	=	Net Income (Q: Dec. 2022 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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 Rashid Industrial Co's Asset Turnover for the quarter that ended in Dec. 2022 is

	Asset Turnover
=	Revenue (Q: Dec. 2022 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
=		/	( (	+	)	/ )
=		/
=

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 Rashid Industrial Co Total Assets Related Terms

Thank you for viewing the detailed overview of Al Rashid Industrial Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Rashid Industrial Co (SAU:9580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Al Rashid Industrial Co (SAU:9580) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial City, 7960, Riyadh, SAU, 143322

Website

https://www.lastmade.com

Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

No Headlines