SPS Finquest (BOM:538402) Total Assets : ₹0.00 Mil (As of Dec. 2023)

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What is SPS Finquest Total Assets?

SPS Finquest's Total Assets for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

During the past 12 months, SPS Finquest's average Total Assets Growth Rate was -13.20% per year. During the past 3 years, the average Total Assets Growth Rate was 6.30% per year. During the past 5 years, the average Total Assets Growth Rate was 3.50% per year.

During the past 10 years, SPS Finquest's highest 3-Year average Total Assets Growth Rate was 39.80%. The lowest was -2.00%. And the median was 6.30%.

Total Assets is connected with ROA %. SPS Finquest's annualized ROA % for the quarter that ended in Dec. 2023 was -15.28%. Total Assets is also linked to Revenue through Asset Turnover. SPS Finquest's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

SPS Finquest Total Assets Historical Data

The historical data trend for SPS Finquest'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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SPS Finquest Total Assets Chart

SPS Finquest Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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656.70

699.58

657.57

872.90

863.59

SPS Finquest Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															-	863.59	-	804.34	-

SPS Finquest 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.

SPS Finquest's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	569.53	+	294.059
	=	863.59

SPS Finquest's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	N/A	+	N/A
	=	N/A

SPS Finquest (BOM:538402) Total Assets Explanation

Total Assets is connected with ROA %.

SPS Finquest's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-122.92	/	( (804.343	+	0)	/ 1 )
	=	-122.92	/	804.343
	=	-15.28 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

SPS Finquest's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	20.313	/	( (804.343	+	0)	/ 1 )
=	20.313	/	804.343
=	0.03

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.

SPS Finquest Total Assets Related Terms

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SPS Finquest (BOM:538402) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SPS Finquest Ltd (BOM:538402) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

B.S.Marg, R-514, 5th Floor, Rotunda Building, Fort, Mumbai, MH, IND, 400001

Website

https://www.spsfinquest.co.in

SPS Finquest Ltd is an Indian non-banking finance company that is mainly engaged in stock financing and providing inter-corporate loans. It has operations in the field of Stockbroking, Depository participation, Margin Funding Facility, Working Capital Facility, and Loan Against Shares. Geographically, it operates in India.

SPS Finquest (BOM:538402) Headlines

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