Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Total Assets : KWD97.87 Mil (As of Mar. 2024)

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What is Warba Insurance and Reinsurance Co KSCP Total Assets?

Warba Insurance and Reinsurance Co KSCP's Total Assets for the quarter that ended in Mar. 2024 was KWD97.87 Mil.

During the past 12 months, Warba Insurance and Reinsurance Co KSCP's average Total Assets Growth Rate was -10.50% per year. During the past 3 years, the average Total Assets Growth Rate was -14.00% per year. During the past 5 years, the average Total Assets Growth Rate was -9.00% per year. During the past 10 years, the average Total Assets Growth Rate was 2.50% per year.

During the past 13 years, Warba Insurance and Reinsurance Co KSCP's highest 3-Year average Total Assets Growth Rate was 17.90%. The lowest was -15.60%. And the median was -1.30%.

Total Assets is connected with ROA %. Warba Insurance and Reinsurance Co KSCP's annualized ROA % for the quarter that ended in Mar. 2024 was 10.52%. Total Assets is also linked to Revenue through Asset Turnover. Warba Insurance and Reinsurance Co KSCP's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Warba Insurance and Reinsurance Co KSCP Total Assets Historical Data

The historical data trend for Warba Insurance and Reinsurance Co KSCP'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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Warba Insurance and Reinsurance Co KSCP Total Assets Chart

Warba Insurance and Reinsurance Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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119.14

120.43

115.09

87.72

92.11

Warba Insurance and Reinsurance Co KSCP 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															101.27	91.73	88.71	92.11	97.87

Warba Insurance and Reinsurance Co KSCP 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.

Warba Insurance and Reinsurance Co KSCP'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 )
	=	36.288	+	55.818
	=	92.11

Warba Insurance and Reinsurance Co KSCP'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 )
	=	39.906	+	57.96
	=	97.87

Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Total Assets Explanation

Total Assets is connected with ROA %.

Warba Insurance and Reinsurance Co KSCP'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 )
	=	9.992	/	( (92.106	+	97.866)	/ 2 )
	=	9.992	/	94.986
	=	10.52 %

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.

Warba Insurance and Reinsurance Co KSCP'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 )
=	8.043	/	( (92.106	+	97.866)	/ 2 )
=	8.043	/	94.986
=	0.08

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.

Warba Insurance and Reinsurance Co KSCP Total Assets Related Terms

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Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

Sharq, Ahmad Al Jaber Street, Derwazat Abdul Razak, P.O. Box 24282, Safat, Opposite to the Banking Complex, Warba Tower, Kuwait, KWT, 13103

Website

https://www.warba.insure

Warba Insurance and Reinsurance Co KSCP is involved in the provision of life and non-life insurance products and services. The company reports three business segments: General risk insurance, Life and Medical insurance and Investment. Within General risk insurance are Marine and Aviation, Fire and general accidents and Motor. The company's offerings include Individual Life Insurance, Medical Insurance individual, Medical Insurance Corporate and FGA Insurance Policies among others. Geographically it operates through Kuwait.

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