Ekennis Software Service (BOM:543475) Total Assets : ₹60.53 Mil (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Ekennis Software Service Total Assets?

Ekennis Software Service's Total Assets for the quarter that ended in Sep. 2023 was ₹60.53 Mil.

During the past 12 months, Ekennis Software Service's average Total Assets Growth Rate was -12.10% per year. During the past 3 years, the average Total Assets Growth Rate was 46.60% per year.

During the past 4 years, Ekennis Software Service's highest 3-Year average Total Assets Growth Rate was 46.60%. The lowest was 46.60%. And the median was 46.60%.

Total Assets is connected with ROA %. Ekennis Software Service's annualized ROA % for the quarter that ended in Sep. 2023 was 7.52%. Total Assets is also linked to Revenue through Asset Turnover. Ekennis Software Service's Asset Turnover for the quarter that ended in Sep. 2023 was 0.28.

Ekennis Software Service Total Assets Historical Data

The historical data trend for Ekennis Software Service'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.

Ekennis Software Service Total Assets Chart

Ekennis Software Service Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Assets

16.39

22.15

55.59

61.24

Ekennis Software Service Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial			-	55.59	63.25	61.24	60.53

Ekennis Software Service 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.

Ekennis Software Service'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 )
	=	50.088	+	11.152
	=	61.24

Ekennis Software Service'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 )
	=	52.377	+	8.154
	=	60.53

Ekennis Software Service (BOM:543475) Total Assets Explanation

Total Assets is connected with ROA %.

Ekennis Software Service'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 )
	=	4.576	/	( (61.24	+	60.531)	/ 2 )
	=	4.576	/	60.8855
	=	7.52 %

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.

Ekennis Software Service'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 )
=	16.936	/	( (61.24	+	60.531)	/ 2 )
=	16.936	/	60.8855
=	0.28

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.

Ekennis Software Service Total Assets Related Terms

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

Ekennis Software Service (BOM:543475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ekennis Software Service Ltd (BOM:543475) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1&2 Second Floor, Neeladri Circle, Electronic City Phase-1, Dodathogur Village, Bangalore, KA, IND, 560100

Website

https://www.ekennis.com

Ekennis Software Service Ltd operates in the Information technology and Printing Industry. It is in the business of Software IT Solution and Consulting Services, IT Product / Software Development and Software Training, Enterprise Resource Planning solutions, Learning Management solutions, 3D Printing, Digital Printing and Packaging Design Management consultancy. The company generates majority of its revenue from Manpower Supply Services.

Ekennis Software Service (BOM:543475) Headlines

No Headlines