AB Cotspin India (NSE:ABCOTS) Total Assets : ₹1,487 Mil (As of Sep. 2023)

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

What is AB Cotspin India Total Assets?

AB Cotspin India's Total Assets for the quarter that ended in Sep. 2023 was ₹1,487 Mil.

During the past 12 months, AB Cotspin India's average Total Assets Growth Rate was 44.80% per year. During the past 3 years, the average Total Assets Growth Rate was 41.50% per year.

During the past 5 years, AB Cotspin India's highest 3-Year average Total Assets Growth Rate was 41.50%. The lowest was 14.70%. And the median was 28.10%.

Total Assets is connected with ROA %. AB Cotspin India's annualized ROA % for the quarter that ended in Sep. 2023 was 2.65%. Total Assets is also linked to Revenue through Asset Turnover. AB Cotspin India's Asset Turnover for the quarter that ended in Sep. 2023 was 0.74.

AB Cotspin India Total Assets Historical Data

The historical data trend for AB Cotspin 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.

AB Cotspin India Total Assets Chart

AB Cotspin India Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

550.48

527.62

636.49

828.03

1,494.37

AB Cotspin India Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial			-	828.03	1,042.91	1,494.37	1,487.42

AB Cotspin 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.

AB Cotspin India'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 )
	=	425.784	+	1068.585
	=	1,494

AB Cotspin India'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 )
	=	451.084	+	1036.332
	=	1,487

AB Cotspin India (NSE:ABCOTS) Total Assets Explanation

Total Assets is connected with ROA %.

AB Cotspin India'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 )
	=	39.582	/	( (1494.369	+	1487.416)	/ 2 )
	=	39.582	/	1490.8925
	=	2.65 %

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.

AB Cotspin India'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 )
=	1110.153	/	( (1494.369	+	1487.416)	/ 2 )
=	1110.153	/	1490.8925
=	0.74

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.

AB Cotspin India Total Assets Related Terms

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

AB Cotspin India (NSE:ABCOTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AB Cotspin India Ltd (NSE:ABCOTS) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Goniana Road, NH-54, Near lake-3, Bathinda, PB, IND, 151001

Website

https://www.abcotspin.com

AB Cotspin India Ltd has one segment of activity namely Cotton Ginning. Revenue is generated from the sale of products. The company is engaged in manufacturing cotton yarns & fabrics both combed and karded, knitted fabric, cottonseed oil and oilcake catering to the requirements of niche customers who in turn are engaged in making garments for their international buyers.

AB Cotspin India (NSE:ABCOTS) Headlines

No Headlines