Sabb Takaful Co (SAU:8080) Total Assets : ﷼1,057.3 Mil (As of Jun. 2022)

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What is Sabb Takaful Co Total Assets?

Sabb Takaful Co's Total Assets for the quarter that ended in Jun. 2022 was ﷼1,057.3 Mil.

During the past 12 months, Sabb Takaful Co's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 25.70% per year. During the past 5 years, the average Total Assets Growth Rate was 12.00% per year. During the past 10 years, the average Total Assets Growth Rate was -9.50% per year.

During the past 13 years, Sabb Takaful Co's highest 3-Year average Total Assets Growth Rate was 111.40%. The lowest was -30.10%. And the median was 4.65%.

Total Assets is connected with ROA %. Sabb Takaful Co's annualized ROA % for the quarter that ended in Jun. 2022 was 1.73%. Total Assets is also linked to Revenue through Asset Turnover. Sabb Takaful Co's Asset Turnover for the quarter that ended in Jun. 2022 was 0.05.

Sabb Takaful Co Total Assets Historical Data

The historical data trend for Sabb Takaful 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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Sabb Takaful Co Total Assets Chart

Sabb Takaful Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Assets

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890.70

836.15

872.19

941.66

1,028.27

Sabb Takaful Co Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Total Assets	Get a 7-Day Free Trial															1,000.15	984.72	1,028.27	1,094.52	1,057.31

Sabb Takaful 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.

Sabb Takaful Co's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	292.277	+	735.994
	=	1,028.3

Sabb Takaful Co's Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2022 )	+	Total Liabilities (Q: Jun. 2022 )
	=	295.35	+	761.958
	=	1,057.3

Sabb Takaful Co (SAU:8080) Total Assets Explanation

Total Assets is connected with ROA %.

Sabb Takaful Co's annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %	=	Net Income (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
	=	18.592	/	( (1094.521	+	1057.308)	/ 2 )
	=	18.592	/	1075.9145
	=	1.73 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Sabb Takaful Co's Asset Turnover for the quarter that ended in Jun. 2022 is

	Asset Turnover
=	Revenue (Q: Jun. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Jun. 2022 ))	/ count )
=	57.936	/	( (1094.521	+	1057.308)	/ 2 )
=	57.936	/	1075.9145
=	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.

Sabb Takaful Co Total Assets Related Terms

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Sabb Takaful Co (SAU:8080) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sabb Takaful Co (SAU:8080) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6788 Salah Ad Din Al Ayyubi-Adh Dhubbat, Unit No. 3, Riyadh, SAU, 12627-4827

Website

https://www.sabbtakaful.com

Sabb Takaful Co is engaged in the insurance business. The objective of the company is to transact insurance operations and all related activities. It has three reportable segments: Individual family insurance, Group family insurance, and General insurance products. The company generates maximum revenue from the Individual family insurance segment. It operates in the Kingdom of Saudi Arabia.

Sabb Takaful Co (SAU:8080) Headlines

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