Niks Technology (BOM:543282) Total Assets : ₹38.72 Mil (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Niks Technology Total Assets?

Niks Technology's Total Assets for the quarter that ended in Sep. 2023 was ₹38.72 Mil.

Warning Sign:

If a company builds assets at 101.9% a year, faster than its revenue growth rate of 59.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Niks Technology's average Total Assets Growth Rate was 31.00% per year. During the past 3 years, the average Total Assets Growth Rate was 73.20% per year. During the past 5 years, the average Total Assets Growth Rate was 101.90% per year.

During the past 6 years, Niks Technology's highest 3-Year average Total Assets Growth Rate was 137.70%. The lowest was 73.20%. And the median was 110.70%.

Total Assets is connected with ROA %. Niks Technology's annualized ROA % for the quarter that ended in Sep. 2023 was 19.08%. Total Assets is also linked to Revenue through Asset Turnover. Niks Technology's Asset Turnover for the quarter that ended in Sep. 2023 was 0.55.

Niks Technology Total Assets Historical Data

The historical data trend for Niks Technology'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.

Niks Technology Total Assets Chart

Niks Technology Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

0.74

4.03

15.63

13.77

29.90

Niks Technology Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial					13.38	13.77	18.83	29.90	38.72

Niks Technology 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.

Niks Technology'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 )
	=	12.553	+	17.343
	=	29.90

Niks Technology's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	15.826	+	22.896
	=	38.72

Niks Technology (BOM:543282) Total Assets Explanation

Total Assets is connected with ROA %.

Niks Technology's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	6.546	/	( (29.896	+	38.722)	/ 2 )
	=	6.546	/	34.309
	=	19.08 %

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

Niks Technology's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	18.824	/	( (29.896	+	38.722)	/ 2 )
=	18.824	/	34.309
=	0.55

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.

Niks Technology Total Assets Related Terms

Thank you for viewing the detailed overview of Niks Technology's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Niks Technology (BOM:543282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Niks Technology Ltd (BOM:543282) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020

Website

https://www.nikstech.com

Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.

Niks Technology (BOM:543282) Headlines

No Headlines