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Gandhar Oil Refinery (India) (BOM:544029) Total Assets : ₹19,400 Mil (As of Mar. 2024)


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What is Gandhar Oil Refinery (India) Total Assets?

Gandhar Oil Refinery (India)'s Total Assets for the quarter that ended in Mar. 2024 was ₹19,400 Mil.

During the past 12 months, Gandhar Oil Refinery (India)'s average Total Assets Growth Rate was 4.90% per year. During the past 3 years, the average Total Assets Growth Rate was 14.80% per year.

During the past 4 years, Gandhar Oil Refinery (India)'s highest 3-Year average Total Assets Growth Rate was 14.80%. The lowest was 14.80%. And the median was 14.80%.

Total Assets is connected with ROA %. Gandhar Oil Refinery (India)'s annualized ROA % for the quarter that ended in Mar. 2024 was 1.88%. Total Assets is also linked to Revenue through Asset Turnover. Gandhar Oil Refinery (India)'s Asset Turnover for the quarter that ended in Mar. 2024 was 0.48.

Gandhar Oil Refinery (India) Total Assets Historical Data

The historical data trend for Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India) Total Assets Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
10,976.96 13,182.09 16,134.35 19,399.94

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial - 16,134.35 17,955.74 - 19,399.94

Gandhar Oil Refinery (India) 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.

Gandhar Oil Refinery (India)'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 )
=12236.08+7163.86
=19,400

Gandhar Oil Refinery (India)'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 )
=12236.08+7163.86
=19,400

* 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.

Gandhar Oil Refinery (India)  (BOM:544029) Total Assets Explanation

Total Assets is connected with ROA %.

Gandhar Oil Refinery (India)'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 )
=365.6/( (0+19399.94)/ 1 )
=365.6/19399.94
=1.88 %

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.

Gandhar Oil Refinery (India)'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 )
=9392.41/( (0+19399.94)/ 1 )
=9392.41/19399.94
=0.48

* 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.

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.

Gandhar Oil Refinery (India) Total Assets Related Terms

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Gandhar Oil Refinery (India) (BOM:544029) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gandhar Oil Refinery (India) Ltd (BOM:544029) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
GANDHAR:India
Address
S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400 062
Website
https://www.gandharoil.com
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The Company is engaged in three segments namely, manufacturing and trading of petroleum products/specialty oils, trading of non-coking coal, and providing consignment, del-credere agency services for sale of polymers to local markets.

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