Safaricom (NAI:SCOM) Total Assets : KES641,164 Mil (As of Mar. 2024)

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What is Safaricom Total Assets?

Safaricom's Total Assets for the quarter that ended in Mar. 2024 was KES641,164 Mil.

Warning Sign:

If a company builds assets at 32.9% a year, faster than its revenue growth rate of 6.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Safaricom's average Total Assets Growth Rate was 26.90% per year. During the past 3 years, the average Total Assets Growth Rate was 44.70% per year. During the past 5 years, the average Total Assets Growth Rate was 32.90% per year. During the past 10 years, the average Total Assets Growth Rate was 15.70% per year.

During the past 13 years, Safaricom's highest 3-Year average Total Assets Growth Rate was 44.70%. The lowest was 2.40%. And the median was 8.90%.

Total Assets is connected with ROA %. Safaricom's annualized ROA % for the quarter that ended in Mar. 2024 was 9.11%. Total Assets is also linked to Revenue through Asset Turnover. Safaricom's Asset Turnover for the quarter that ended in Mar. 2024 was 0.29.

Safaricom Total Assets Historical Data

The historical data trend for Safaricom'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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Safaricom Total Assets Chart

Safaricom Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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213,224.90

230,629.30

346,798.60

509,207.00

641,164.30

Safaricom Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															346,798.60	379,432.10	509,207.00	624,128.90	641,164.30

Safaricom 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.

Safaricom's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	335747.9	+	305416.4
	=	641,164

Safaricom'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 )
	=	335747.9	+	305416.4
	=	641,164

Safaricom (NAI:SCOM) Total Assets Explanation

Total Assets is connected with ROA %.

Safaricom's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	57654.2	/	( (624128.9	+	641164.3)	/ 2 )
	=	57654.2	/	632646.6
	=	9.11 %

Note: The Net Income data used here is two times the semi-annual (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.

Safaricom's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	182918.5	/	( (624128.9	+	641164.3)	/ 2 )
=	182918.5	/	632646.6
=	0.29

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.

Safaricom Total Assets Related Terms

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Safaricom (NAI:SCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Safaricom PLC (NAI:SCOM) » Definitions » Total Assets

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Address

Safaricom House, Waiyaki Way, P.O. Box 66827, Westlands, Nairobi, KEN, 00800

Website

https://www.safaricom.co.ke

Safaricom PLC is a Kenya-based telecommunications company. The principal activities of the company are the provision of telecommunication services, providing a comprehensive range of integrated telecommunication services including voice and data both mobile and fixed, SMS, the internet, and m-pesa. The company also offers a wide range of devices such as Mobile handsets, mobile broadband modems, routers, tablets, and notebooks. The majority of its revenue comes from service revenues: Voice, m-pesa, mobile data, messaging, fixed data and other service revenue. The company serves both individual and corporate/enterprise customers.