Eimco Elecon India's Total Assets for the quarter that ended in Mar. 2024 was ₹4,504 Mil.
During the past 12 months, Eimco Elecon India's average Total Assets Growth Rate was 12.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 16.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 4.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.
During the past 13 years, Eimco Elecon India's highest 3-Year average Total Assets Growth Rate was 25.30%. The lowest was -7.50%. And the median was 8.30%.
The historical data trend for Eimco Elecon India'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.
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.
Eimco Elecon India's Total Assets for the fiscal year that ended in Mar. 2024 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.
Eimco Elecon India (BOM:523708) 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.
Eimco Elecon India'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.
Eimco Elecon India Total Assets Related Terms
Thank you for viewing the detailed overview of Eimco Elecon India's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Eimco Elecon India (BOM:523708) Business Description
Eimco Elecon India Ltd is an Indian company engaged in the business of manufacturing and supplying equipment for mining and construction sector. Its products include Air motors, Chair lift man riding system, Coal hauler, Drill machine, Load haul dumper (coal mining), Load haul dumper (metal mining), Low profile dump truck, Rocker shovel loader, Side dump loader, and Wheel loader, among others. The group sells its products in India and also exports them to other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:523708 has been successfully added to your 