G Tec Jainx Education (NSE:GTECJAINX) Total Assets : ₹70.30 Mil (As of Sep. 2023)

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What is G Tec Jainx Education Total Assets?

G Tec Jainx Education's Total Assets for the quarter that ended in Sep. 2023 was ₹70.30 Mil.

During the past 3 years, the average Total Assets Growth Rate was -19.50% per year. During the past 5 years, the average Total Assets Growth Rate was -6.70% per year.

During the past 7 years, G Tec Jainx Education's highest 3-Year average Total Assets Growth Rate was 60.20%. The lowest was -19.50%. And the median was -2.35%.

Total Assets is connected with ROA %. G Tec Jainx Education's annualized ROA % for the quarter that ended in Sep. 2023 was 4.88%. Total Assets is also linked to Revenue through Asset Turnover. G Tec Jainx Education's Asset Turnover for the quarter that ended in Sep. 2023 was 0.30.

G Tec Jainx Education Total Assets Historical Data

The historical data trend for G Tec Jainx Education'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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G Tec Jainx Education Total Assets Chart

G Tec Jainx Education Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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90.47

129.67

92.26

50.38

62.61

G Tec Jainx Education Quarterly Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															-	68.00	-	62.61	70.30

G Tec Jainx Education 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.

G Tec Jainx Education'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 )
	=	51.279	+	11.334
	=	62.61

G Tec Jainx Education'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 )
	=	51.918	+	18.386
	=	70.30

G Tec Jainx Education (NSE:GTECJAINX) Total Assets Explanation

Total Assets is connected with ROA %.

G Tec Jainx Education'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 )
	=	3.24	/	( (62.613	+	70.304)	/ 2 )
	=	3.24	/	66.4585
	=	4.88 %

Note: The Net Income data used here is four times the quarterly (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.

G Tec Jainx Education'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 )
=	19.747	/	( (62.613	+	70.304)	/ 2 )
=	19.747	/	66.4585
=	0.30

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.

G Tec Jainx Education Total Assets Related Terms

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G Tec Jainx Education (NSE:GTECJAINX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » G Tec Jainx Education Ltd (NSE:GTECJAINX) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pinnacle Corporate Park, Bandra Kurla Complex, Unit No. 12/A, Ninth Floor, A?Wing, Bandra East, Mumbai, MH, IND, 400051

Website

https://www.keerti.org

G Tec Jainx Education Ltd Formerly Keerti Knowledge and Skills Ltd operates as an Information Technology training institute. The company's services include basic computer knowledge, internet, surfing, computer courses like Microsoft Office, accounting and financial management, inventory management, also various Programming Languages such as C++, .Net, Java, and Oracle, among others.

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