Magellanic Cloud's Total Assets for the quarter that ended in Mar. 2024 was ₹7,998 Mil.
Warning Sign:
If a company builds assets at 60.5% a year, faster than its revenue growth rate of 21.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Magellanic Cloud's average Total Assets Growth Rate was 21.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 72.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 60.50% per year.
During the past 11 years, Magellanic Cloud's highest 3-Year average Total Assets Growth Rate was 113.10%. The lowest was 21.90%. And the median was 72.90%.
The historical data trend for Magellanic Cloud'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.
Magellanic Cloud'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.
Magellanic Cloud (BOM:538891) 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.
Magellanic Cloud'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.
Magellanic Cloud Total Assets Related Terms
Thank you for viewing the detailed overview of Magellanic Cloud's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Magellanic Cloud (BOM:538891) Business Description
Magellanic Cloud Ltd is a provider of IT services. It is engaged in software development, consulting, digital transformation, and DevOps. The company has also ventured into FMCG products. It operates through two segments, namely, IT Consulting Services and FMCG Product Division. The company earns the majority of its revenue from FMCG Product Division.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:538891 has been successfully added to your 