IRIS Business Services (BOM:540735) Total Assets : ₹769 Mil (As of Mar. 2024)

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What is IRIS Business Services Total Assets?

IRIS Business Services's Total Assets for the quarter that ended in Mar. 2024 was ₹769 Mil.

During the past 12 months, IRIS Business Services's average Total Assets Growth Rate was -11.80% per year. During the past 3 years, the average Total Assets Growth Rate was 2.70% per year. During the past 5 years, the average Total Assets Growth Rate was 0.10% per year. During the past 10 years, the average Total Assets Growth Rate was -0.90% per year.

During the past 12 years, IRIS Business Services's highest 3-Year average Total Assets Growth Rate was 6.10%. The lowest was -8.70%. And the median was 1.50%.

Total Assets is connected with ROA %. IRIS Business Services's annualized ROA % for the quarter that ended in Mar. 2024 was 24.48%. Total Assets is also linked to Revenue through Asset Turnover. IRIS Business Services's Asset Turnover for the quarter that ended in Mar. 2024 was 0.39.

IRIS Business Services Total Assets Historical Data

The historical data trend for IRIS Business Services'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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IRIS Business Services Total Assets Chart

IRIS Business Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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563.74

579.79

603.25

700.98

769.05

IRIS Business Services Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															700.98	-	737.51	-	769.05

IRIS Business Services 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.

IRIS Business Services'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 )
	=	411.426	+	357.619
	=	769

IRIS Business Services'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 )
	=	411.426	+	357.619
	=	769

IRIS Business Services (BOM:540735) Total Assets Explanation

Total Assets is connected with ROA %.

IRIS Business Services'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 )
	=	188.236	/	( (0	+	769.045)	/ 1 )
	=	188.236	/	769.045
	=	24.48 %

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.

IRIS Business Services'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 )
=	303.534	/	( (0	+	769.045)	/ 1 )
=	303.534	/	769.045
=	0.39

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.

IRIS Business Services Total Assets Related Terms

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IRIS Business Services (BOM:540735) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » IRIS Business Services Ltd (BOM:540735) » Definitions » Total Assets

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IRIS:India

Address

T-231, International Infortech Park, Tower 2, 3rd Floor, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.irisbusiness.com

IRIS Business Services Ltd is a provider of software products for compliance, data, and analytics. It offers products such as IRIS CARBON, a cloud-based filing platform that helps companies and mutual funds to meet their enterprise reporting needs, IRIS FinX, an integrated consolidation application, which enables end-to-end financial reporting by extracting data from various source; IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies and IRIS iDEAL, a regulation reporting application for banks and financial institutions. The group's segments are Collect, Create and Consume. Its geographic segments are Middle Eastern Countries, America (including Canada and South American countries), Europe, India, Others.

IRIS Business Services (BOM:540735) Headlines

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