Prime Fresh (BOM:540404) Total Assets : ₹706 Mil (As of Mar. 2024)

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What is Prime Fresh Total Assets?

Prime Fresh's Total Assets for the quarter that ended in Mar. 2024 was ₹706 Mil.

Warning Sign:

If a company builds assets at 28.3% a year, faster than its revenue growth rate of 21.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Prime Fresh's average Total Assets Growth Rate was 76.30% per year. During the past 3 years, the average Total Assets Growth Rate was 37.10% per year. During the past 5 years, the average Total Assets Growth Rate was 28.30% per year. During the past 10 years, the average Total Assets Growth Rate was 29.70% per year.

During the past 13 years, Prime Fresh's highest 3-Year average Total Assets Growth Rate was 53.00%. The lowest was 13.10%. And the median was 24.75%.

Total Assets is connected with ROA %. Prime Fresh's annualized ROA % for the quarter that ended in Mar. 2024 was 14.21%. Total Assets is also linked to Revenue through Asset Turnover. Prime Fresh's Asset Turnover for the quarter that ended in Mar. 2024 was 1.47.

Prime Fresh Total Assets Historical Data

The historical data trend for Prime Fresh'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.

Prime Fresh Total Assets Chart

Prime Fresh Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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257.83

263.75

305.59

402.29

705.64

Prime Fresh Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															305.59	332.91	402.29	440.72	705.64

Prime Fresh 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.

Prime Fresh'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 )
	=	624.332	+	81.309
	=	706

Prime Fresh'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 )
	=	624.332	+	81.309
	=	706

Prime Fresh (BOM:540404) Total Assets Explanation

Total Assets is connected with ROA %.

Prime Fresh's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	81.422	/	( (440.715	+	705.641)	/ 2 )
	=	81.422	/	573.178
	=	14.21 %

Note: The Net Income data used here is two times the semi-annual (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.

Prime Fresh's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	840.606	/	( (440.715	+	705.641)	/ 2 )
=	840.606	/	573.178
=	1.47

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.

Prime Fresh Total Assets Related Terms

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Prime Fresh (BOM:540404) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Prime Fresh Ltd (BOM:540404) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

102, Sanskar - 2, Polytechnic Road, Near Ketav Petrol Pump, Ambawadi, Ahmedabad, GJ, IND, 380015

Website

http://www.primefreshlimited.com

Prime Fresh Ltd is an integrated Agri value chain institution in the domestic and international agricultural trade. The company is engaged in the procurement and distribution of Fruits and Vegetables. It focuses on sourcing, handling, grading, sorting, warehousing, packing, ripening, branding, warehousing, delivery of fruits and vegetables and manpower management. The group sells its products in India and also exports it to other countries, of which a majority of revenue is derived from the sales made in India.

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