Ashoka Buildcon's Total Assets for the quarter that ended in Mar. 2024 was ₹191,244 Mil.
During the past 12 months, Ashoka Buildcon's average Total Assets Growth Rate was 10.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 4.80% per year.
During the past 13 years, Ashoka Buildcon's highest 3-Year average Total Assets Growth Rate was 108.40%. The lowest was -7.20%. And the median was 8.70%.
The historical data trend for Ashoka Buildcon'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.
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.
Ashoka Buildcon's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Ashoka Buildcon (NSE:ASHOKA) Total Assets Explanation
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.
Ashoka Buildcon's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Ashoka Buildcon Total Assets Related Terms
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Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities includes Engineering, Procurement and Construction activity of infra projects, Build operate and transfer includes Annuity to develop infra developer under BOT & Annuity, and Sale of Goods consist mainly Sale of construction material which includes RMC and Real estate. The company has its business operations across India. The majority of the revenue is generated from construction and contract-related activity.
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