Fervent Synergies (BOM:533896) Total Assets : ₹305.1 Mil (As of Mar. 2024)

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What is Fervent Synergies Total Assets?

Fervent Synergies's Total Assets for the quarter that ended in Mar. 2024 was ₹305.1 Mil.

During the past 12 months, Fervent Synergies's average Total Assets Growth Rate was -29.50% per year. During the past 3 years, the average Total Assets Growth Rate was -7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 4.00% per year. During the past 10 years, the average Total Assets Growth Rate was 8.50% per year.

During the past 13 years, Fervent Synergies's highest 3-Year average Total Assets Growth Rate was 498.20%. The lowest was -9.20%. And the median was 12.75%.

Total Assets is connected with ROA %. Fervent Synergies's annualized ROA % for the quarter that ended in Mar. 2024 was -175.76%. Total Assets is also linked to Revenue through Asset Turnover. Fervent Synergies's Asset Turnover for the quarter that ended in Mar. 2024 was 0.49.

Fervent Synergies Total Assets Historical Data

The historical data trend for Fervent Synergies'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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Fervent Synergies Total Assets Chart

Fervent Synergies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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434.04

437.37

431.24

434.54

305.11

Fervent Synergies 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															434.54	-	436.07	-	305.11

Fervent Synergies 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.

Fervent Synergies'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 )
	=	303.758	+	1.354
	=	305.1

Fervent Synergies'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 )
	=	303.758	+	1.354
	=	305.1

Fervent Synergies (BOM:533896) Total Assets Explanation

Total Assets is connected with ROA %.

Fervent Synergies'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 )
	=	-536.256	/	( (0	+	305.112)	/ 1 )
	=	-536.256	/	305.112
	=	-175.76 %

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.

Fervent Synergies'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 )
=	148.478	/	( (0	+	305.112)	/ 1 )
=	148.478	/	305.112
=	0.49

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.

Fervent Synergies Total Assets Related Terms

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Fervent Synergies (BOM:533896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Fervent Synergies Ltd (BOM:533896) » Definitions » Total Assets

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Traded in Other Exchanges

N/A

Address

M. G. Road, B-7/8, Satyam Commercial Complex, Ghatkopar (East), Mumbai, MH, IND, 400077

Website

https://www.ferventsynergies.com

Fervent Synergies Ltd is an India-based company that is engaged in the trading of manufactured and basic foodstuff. The company's business segments are Food and Finance. Its Food division engages in trading of almonds and the Finance division engages in the business activities of funds lending, investing in fixed-term deposits, and similar securities. The company earns maximum revenue from the Finance division segment.

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