Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Total Assets : KWD28.79 Mil (As of Mar. 2024)

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What is Future Kid Entertainment and Real Estate Co Total Assets?

Future Kid Entertainment and Real Estate Co's Total Assets for the quarter that ended in Mar. 2024 was KWD28.79 Mil.

During the past 12 months, Future Kid Entertainment and Real Estate Co's average Total Assets Growth Rate was 18.80% per year. During the past 3 years, the average Total Assets Growth Rate was 1.30% per year. During the past 5 years, the average Total Assets Growth Rate was -1.60% per year. During the past 10 years, the average Total Assets Growth Rate was 2.40% per year.

During the past 13 years, Future Kid Entertainment and Real Estate Co's highest 3-Year average Total Assets Growth Rate was 15.00%. The lowest was -8.30%. And the median was -0.55%.

Total Assets is connected with ROA %. Future Kid Entertainment and Real Estate Co's annualized ROA % for the quarter that ended in Mar. 2024 was -5.07%. Total Assets is also linked to Revenue through Asset Turnover. Future Kid Entertainment and Real Estate Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Future Kid Entertainment and Real Estate Co Total Assets Historical Data

The historical data trend for Future Kid Entertainment and Real Estate 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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Future Kid Entertainment and Real Estate Co Total Assets Chart

Future Kid Entertainment and Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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31.25

26.55

25.18

25.48

28.48

Future Kid Entertainment and Real Estate Co 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															25.20	28.50	28.85	28.48	28.79

Future Kid Entertainment and Real Estate 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.

Future Kid Entertainment and Real Estate 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 )
	=	14.806	+	13.676
	=	28.48

Future Kid Entertainment and Real Estate 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 )
	=	14.446	+	14.339
	=	28.79

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Total Assets Explanation

Total Assets is connected with ROA %.

Future Kid Entertainment and Real Estate 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 )
	=	-1.452	/	( (28.482	+	28.785)	/ 2 )
	=	-1.452	/	28.6335
	=	-5.07 %

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.

Future Kid Entertainment and Real Estate 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 )
=	1.312	/	( (28.482	+	28.785)	/ 2 )
=	1.312	/	28.6335
=	0.05

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.

Future Kid Entertainment and Real Estate Co Total Assets Related Terms

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Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Free Zone Area, Futur Ara, Block D20, P.O. Box 4277, Al-Safat, KWT, 13043

Website

https://www.futurekid.com.kw

Future Kid Entertainment and Real Estate Co operates and manages family entertainment centers in Kuwait. It provides recreational services for kids and families. It also operates entertainment complexes which include facilities like games & aqua parks. It also engages in the acquisition, development, and sale of real estate and lands. It derives revenue from customer charges and game cards used for games available in different branches.

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