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Magson Retail and Distribution (NSE:MAGSON) Total Assets : ₹324.1 Mil (As of Sep. 2023)


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What is Magson Retail and Distribution Total Assets?

Magson Retail and Distribution's Total Assets for the quarter that ended in Sep. 2023 was ₹324.1 Mil.

Total Assets is connected with ROA %. Magson Retail and Distribution's annualized ROA % for the quarter that ended in Sep. 2023 was 6.88%. Total Assets is also linked to Revenue through Asset Turnover. Magson Retail and Distribution's Asset Turnover for the quarter that ended in Sep. 2023 was 1.32.


Magson Retail and Distribution Total Assets Historical Data

The historical data trend for Magson Retail and Distribution'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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Magson Retail and Distribution Total Assets Chart

Magson Retail and Distribution Annual Data
Trend Mar21 Mar22 Mar23
Total Assets
128.38 149.47 199.99

Magson Retail and Distribution Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Total Assets 128.38 149.47 - 199.99 324.13

Magson Retail and Distribution 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.

Magson Retail and Distribution'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 )
=92.626+107.361
=200.0

Magson Retail and Distribution'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 )
=229.826+94.299
=324.1

* 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.


Magson Retail and Distribution  (NSE:MAGSON) Total Assets Explanation

Total Assets is connected with ROA %.

Magson Retail and Distribution'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 )
=18.04/( (199.987+324.125)/ 2 )
=18.04/262.056
=6.88 %

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.

Magson Retail and Distribution'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 )
=345.907/( (199.987+324.125)/ 2 )
=345.907/262.056
=1.32

* 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.

Magson Retail and Distribution Total Assets Related Terms

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Magson Retail and Distribution (NSE:MAGSON) Business Description

Traded in Other Exchanges
N/A
Address
Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015
Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

Magson Retail and Distribution (NSE:MAGSON) Headlines

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