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IND Renewable Energy (BOM:536709) Total Assets : ₹267.36 Mil (As of Mar. 2024)


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What is IND Renewable Energy Total Assets?

IND Renewable Energy's Total Assets for the quarter that ended in Mar. 2024 was ₹267.36 Mil.

During the past 12 months, IND Renewable Energy's average Total Assets Growth Rate was 690.00% per year. During the past 3 years, the average Total Assets Growth Rate was 100.70% per year. During the past 5 years, the average Total Assets Growth Rate was 30.80% per year. During the past 10 years, the average Total Assets Growth Rate was 47.70% per year.

During the past 13 years, IND Renewable Energy's highest 3-Year average Total Assets Growth Rate was 100.70%. The lowest was -6.00%. And the median was 55.40%.

Total Assets is connected with ROA %. IND Renewable Energy's annualized ROA % for the quarter that ended in Mar. 2024 was -3.92%. Total Assets is also linked to Revenue through Asset Turnover. IND Renewable Energy's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


IND Renewable Energy Total Assets Historical Data

The historical data trend for IND Renewable Energy'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.

* Premium members only.

IND Renewable Energy Total Assets Chart

IND Renewable Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.84 33.04 33.41 33.85 267.36

IND Renewable Energy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.85 - 34.09 - 267.36

IND Renewable Energy 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.

IND Renewable Energy'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 )
=261.259+6.102
=267.36

IND Renewable Energy'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 )
=261.259+6.102
=267.36

* 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.


IND Renewable Energy  (BOM:536709) Total Assets Explanation

Total Assets is connected with ROA %.

IND Renewable Energy'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 )
=-10.492/( (0+267.361)/ 1 )
=-10.492/267.361
=-3.92 %

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.

IND Renewable Energy'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 )
=0/( (0+267.361)/ 1 )
=0/267.361
=0.00

* 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.

IND Renewable Energy Total Assets Related Terms

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IND Renewable Energy (BOM:536709) Business Description

Traded in Other Exchanges
N/A
Address
503, Western Express Highway, Western Edge II, Borivali East, Mumbai, MH, IND, 400 066
IND Renewable Energy Ltd is an Indian firm engaged in the business of Roof Top Solar Plant. The company has only one reportable segment, which is Solar Power and generates revenue from the same.

IND Renewable Energy (BOM:536709) Headlines

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