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Saraswati Commercial (India) (BOM:512020) Total Assets : ₹0.0 Mil (As of Dec. 2023)


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What is Saraswati Commercial (India) Total Assets?

Saraswati Commercial (India)'s Total Assets for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

During the past 12 months, Saraswati Commercial (India)'s average Total Assets Growth Rate was 10.40% per year. During the past 3 years, the average Total Assets Growth Rate was 42.20% per year. During the past 5 years, the average Total Assets Growth Rate was 17.70% per year. During the past 10 years, the average Total Assets Growth Rate was 35.30% per year.

During the past 13 years, Saraswati Commercial (India)'s highest 3-Year average Total Assets Growth Rate was 113.00%. The lowest was -1.50%. And the median was 38.50%.

Total Assets is connected with ROA %. Saraswati Commercial (India)'s annualized ROA % for the quarter that ended in Dec. 2023 was 22.78%. Total Assets is also linked to Revenue through Asset Turnover. Saraswati Commercial (India)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Saraswati Commercial (India) Total Assets Historical Data

The historical data trend for Saraswati Commercial (India)'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.

* Premium members only.

Saraswati Commercial (India) Total Assets Chart

Saraswati Commercial (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,539.97 1,680.61 2,989.86 4,880.85 4,905.04

Saraswati Commercial (India) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4,905.04 - 5,850.82 -

Saraswati Commercial (India) 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.

Saraswati Commercial (India)'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 )
=4412.086+492.952
=4,905.0

Saraswati Commercial (India)'s Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=N/A+N/A
=N/A

* 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.


Saraswati Commercial (India)  (BOM:512020) Total Assets Explanation

Total Assets is connected with ROA %.

Saraswati Commercial (India)'s annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1332.648/( (5850.823+0)/ 1 )
=1332.648/5850.823
=22.78 %

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

Saraswati Commercial (India)'s Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=10.378/( (5850.823+0)/ 1 )
=10.378/5850.823
=0.00

* 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.

Saraswati Commercial (India) Total Assets Related Terms

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Saraswati Commercial (India) (BOM:512020) Business Description

Traded in Other Exchanges
N/A
Address
209-210, Arcadia Building, 2nd Floor, Plot No. 195, Nariman Point, Mumbai, MH, IND, 400021
Saraswati Commercial (India) Ltd is an India-based non-banking financial company. it is engaged in the business of investments and trading in shares and securities and lending activities.

Saraswati Commercial (India) (BOM:512020) Headlines

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