Dollex Agrotech (NSE:DOLLEX) Total Assets : ₹1,614 Mil (As of Sep. 2023)

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What is Dollex Agrotech Total Assets?

Dollex Agrotech's Total Assets for the quarter that ended in Sep. 2023 was ₹1,614 Mil.

During the past 3 years, the average Total Assets Growth Rate was 22.80% per year.

During the past 4 years, Dollex Agrotech's highest 3-Year average Total Assets Growth Rate was 22.80%. The lowest was 22.80%. And the median was 22.80%.

Total Assets is connected with ROA %. Dollex Agrotech's annualized ROA % for the quarter that ended in Sep. 2023 was 3.92%. Total Assets is also linked to Revenue through Asset Turnover. Dollex Agrotech's Asset Turnover for the quarter that ended in Sep. 2023 was 0.34.

Dollex Agrotech Total Assets Historical Data

The historical data trend for Dollex Agrotech'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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Dollex Agrotech Total Assets Chart

Dollex Agrotech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Assets

888.50

1,049.93

1,138.22

1,681.15

Dollex Agrotech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial			1,049.93	1,138.22	-	1,681.15	1,614.49

Dollex Agrotech 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.

Dollex Agrotech'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 )
	=	499.893	+	1181.261
	=	1,681

Dollex Agrotech'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 )
	=	532.214	+	1082.274
	=	1,614

Dollex Agrotech (NSE:DOLLEX) Total Assets Explanation

Total Assets is connected with ROA %.

Dollex Agrotech'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 )
	=	64.642	/	( (1681.154	+	1614.488)	/ 2 )
	=	64.642	/	1647.821
	=	3.92 %

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.

Dollex Agrotech'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 )
=	561.194	/	( (1681.154	+	1614.488)	/ 2 )
=	561.194	/	1647.821
=	0.34

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.

Dollex Agrotech Total Assets Related Terms

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Dollex Agrotech (NSE:DOLLEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dollex Agrotech Ltd (NSE:DOLLEX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

19/1 Manorama Ganj, 205, Naroli Arcade, Near Palasia Square, Indore, MP, IND, 452001

Website

https://www.dollex.in

Dollex Agrotech Ltd is engaged in the business of manufacturing and trading sugar with captive power cogeneration capabilities. The company also produces and sells its by-products such as molasses, pressed, and bagasse. The bagasse is used to generate power. Further, it is engaged in power generation up to the captive power of 3 MW.

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