Proventus Agrocom (NSE:PROV) Total Assets : ₹1,424 Mil (As of Mar. 2024)

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What is Proventus Agrocom Total Assets?

Proventus Agrocom's Total Assets for the quarter that ended in Mar. 2024 was ₹1,424 Mil.

During the past 3 years, the average Total Assets Growth Rate was 15.50% per year.

During the past 5 years, Proventus Agrocom's highest 3-Year average Total Assets Growth Rate was 15.50%. The lowest was 15.50%. And the median was 15.50%.

Total Assets is connected with ROA %. Proventus Agrocom's annualized ROA % for the quarter that ended in Mar. 2024 was 5.91%. Total Assets is also linked to Revenue through Asset Turnover. Proventus Agrocom's Asset Turnover for the quarter that ended in Mar. 2024 was 1.86.

Proventus Agrocom Total Assets Historical Data

The historical data trend for Proventus Agrocom'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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Proventus Agrocom Total Assets Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

893.69

884.34

1,013.11

1,424.19

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial			884.34	1,013.11	-	1,771.11	1,424.19

Proventus Agrocom 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.

Proventus Agrocom's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	1227.022	+	197.165
	=	1,424

Proventus Agrocom's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1227.022	+	197.165
	=	1,424

Proventus Agrocom (NSE:PROV) Total Assets Explanation

Total Assets is connected with ROA %.

Proventus Agrocom's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	94.464	/	( (1771.106	+	1424.187)	/ 2 )
	=	94.464	/	1597.6465
	=	5.91 %

Note: The Net Income data used here is two times the semi-annual (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.

Proventus Agrocom's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	2964.793	/	( (1771.106	+	1424.187)	/ 2 )
=	2964.793	/	1597.6465
=	1.86

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.

Proventus Agrocom Total Assets Related Terms

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Proventus Agrocom (NSE:PROV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Village Mulgaon, MV Road, Unit 515, 5th Floor, C Wing, 1 MTR Cabin, Atrium, Andheri East, Near Acme Plaza, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. Its approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain; in the end, being a one-stop shop for the consumers. Its products include cashew, almonds, walnuts, raisins, sunflower seeds, pistachios and other dry fruits, nuts, seeds and berries.