Al Ahli Bank Of Kuwait's Total Assets for the quarter that ended in Mar. 2024 was KWD6,511.2 Mil.
During the past 12 months, Al Ahli Bank Of Kuwait's average Total Assets Growth Rate was 5.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 12.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 8.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 5.10% per year.
During the past 13 years, Al Ahli Bank Of Kuwait's highest 3-Year average Total Assets Growth Rate was 15.90%. The lowest was -6.60%. And the median was 5.20%.
* 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.
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 Ahli Bank Of Kuwait's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Al Ahli Bank Of Kuwait (KUW:ABK) Total Assets Explanation
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.
Al Ahli Bank Of Kuwait's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
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 Ahli Bank Of Kuwait Total Assets Related Terms
Thank you for viewing the detailed overview of Al Ahli Bank Of Kuwait's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Al Ahli Bank Of Kuwait (KUW:ABK) Business Description
Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KUW:ABK has been successfully added to your 