VL E-Governance & IT Solutions (BOM:543958) Total Assets : ₹25,171.4 Mil (As of Mar. 2024)

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What is VL E-Governance & IT Solutions Total Assets?

VL E-Governance & IT Solutions's Total Assets for the quarter that ended in Mar. 2024 was ₹25,171.4 Mil.

Total Assets is connected with ROA %. VL E-Governance & IT Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was -25.98%. Total Assets is also linked to Revenue through Asset Turnover. VL E-Governance & IT Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

VL E-Governance & IT Solutions Total Assets Historical Data

The historical data trend for VL E-Governance & IT Solutions'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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VL E-Governance & IT Solutions Total Assets Chart

VL E-Governance & IT Solutions Annual Data

Trend

Mar23

Mar24

Total Assets

25,171.45

VL E-Governance & IT Solutions Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial			-	-	27,175.57	-	25,171.45

VL E-Governance & IT Solutions 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.

VL E-Governance & IT Solutions'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 )
	=	24484.184	+	687.265
	=	25,171.4

VL E-Governance & IT Solutions'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 )
	=	24484.184	+	687.265
	=	25,171.4

VL E-Governance & IT Solutions (BOM:543958) Total Assets Explanation

Total Assets is connected with ROA %.

VL E-Governance & IT Solutions'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 )
	=	-6538.904	/	( (0	+	25171.449)	/ 1 )
	=	-6538.904	/	25171.449
	=	-25.98 %

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.

VL E-Governance & IT Solutions'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 )
=	0	/	( (0	+	25171.449)	/ 1 )
=	0	/	25171.449
=	0.00

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.

VL E-Governance & IT Solutions Total Assets Related Terms

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VL E-Governance & IT Solutions (BOM:543958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

VLEGOV:India

Address

Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093

Website

VL E Governance and IT Solutions Pvt Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports.

VL E-Governance & IT Solutions (BOM:543958) Headlines

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