Lotus Eye Hospital & Institute (BOM:532998) Total Assets : ₹666.3 Mil (As of Mar. 2024)

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What is Lotus Eye Hospital & Institute Total Assets?

Lotus Eye Hospital & Institute's Total Assets for the quarter that ended in Mar. 2024 was ₹666.3 Mil.

During the past 12 months, Lotus Eye Hospital & Institute's average Total Assets Growth Rate was 8.60% per year. During the past 3 years, the average Total Assets Growth Rate was 6.50% per year. During the past 5 years, the average Total Assets Growth Rate was 2.30% per year. During the past 10 years, the average Total Assets Growth Rate was -0.10% per year.

During the past 13 years, Lotus Eye Hospital & Institute's highest 3-Year average Total Assets Growth Rate was 6.50%. The lowest was -3.70%. And the median was -0.70%.

Total Assets is connected with ROA %. Lotus Eye Hospital & Institute's annualized ROA % for the quarter that ended in Mar. 2024 was 0.15%. Total Assets is also linked to Revenue through Asset Turnover. Lotus Eye Hospital & Institute's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Lotus Eye Hospital & Institute Total Assets Historical Data

The historical data trend for Lotus Eye Hospital & Institute'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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Lotus Eye Hospital & Institute Total Assets Chart

Lotus Eye Hospital & Institute Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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581.06

592.29

615.97

631.88

666.27

Lotus Eye Hospital & Institute 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															631.88	-	668.14	-	666.27

Lotus Eye Hospital & Institute 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.

Lotus Eye Hospital & Institute'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 )
	=	594.092	+	72.175
	=	666.3

Lotus Eye Hospital & Institute'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 )
	=	594.092	+	72.175
	=	666.3

Lotus Eye Hospital & Institute (BOM:532998) Total Assets Explanation

Total Assets is connected with ROA %.

Lotus Eye Hospital & Institute'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 )
	=	0.972	/	( (0	+	666.267)	/ 1 )
	=	0.972	/	666.267
	=	0.15 %

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.

Lotus Eye Hospital & Institute'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 )
=	108.833	/	( (0	+	666.267)	/ 1 )
=	108.833	/	666.267
=	0.16

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.

Lotus Eye Hospital & Institute Total Assets Related Terms

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Lotus Eye Hospital & Institute (BOM:532998) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Lotus Eye Hospital & Institute Ltd (BOM:532998) » Definitions » Total Assets

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LOTUSEYE:India

Address

SF No. 770/12, Avinashi Road, Civil Aerodrome Post, Coimbatore, TN, IND, 641 014

Website

https://www.lotuseye.org

Lotus Eye Hospital & Institute Ltd is an India-based eye care hospital. It is engaged in providing treatment and care for eye diseases and disorders. It offers treatment services for eye conditions like refractive error, retina and uvea, cornea, glaucoma, pediatric, orbit and oculoplasty, neuro-ophthalmology, and binocular vision. In addition, the company also operates an eye bank for functioning eye donation activities. The company mainly operates in India and generates revenue by providing medical services, pharmacy sales, and contact lens, and optical, of which the majority of the revenue is derived from providing segmmedical services.

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