Lorenzini Apparels (BOM:540952) Total Assets : ₹476.8 Mil (As of Sep. 2023)

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What is Lorenzini Apparels Total Assets?

Lorenzini Apparels's Total Assets for the quarter that ended in Sep. 2023 was ₹476.8 Mil.

Warning Sign:

If a company builds assets at 18.9% a year, faster than its revenue growth rate of 7.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Lorenzini Apparels's average Total Assets Growth Rate was 38.00% per year. During the past 3 years, the average Total Assets Growth Rate was 16.30% per year. During the past 5 years, the average Total Assets Growth Rate was 18.90% per year. During the past 10 years, the average Total Assets Growth Rate was 29.40% per year.

During the past 11 years, Lorenzini Apparels's highest 3-Year average Total Assets Growth Rate was 66.60%. The lowest was -5.90%. And the median was 28.90%.

Total Assets is connected with ROA %. Lorenzini Apparels's annualized ROA % for the quarter that ended in Sep. 2023 was 11.70%. Total Assets is also linked to Revenue through Asset Turnover. Lorenzini Apparels's Asset Turnover for the quarter that ended in Sep. 2023 was 0.72.

Lorenzini Apparels Total Assets Historical Data

The historical data trend for Lorenzini Apparels'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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Lorenzini Apparels Total Assets Chart

Lorenzini Apparels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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216.23

266.75

311.72

355.55

415.27

Lorenzini Apparels Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial												256.62	355.55	348.17	415.27	476.83

Lorenzini Apparels 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.

Lorenzini Apparels'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 )
	=	154.06	+	261.213
	=	415.3

Lorenzini Apparels'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 )
	=	180.205	+	296.623
	=	476.8

Lorenzini Apparels (BOM:540952) Total Assets Explanation

Total Assets is connected with ROA %.

Lorenzini Apparels'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 )
	=	52.172	/	( (415.273	+	476.828)	/ 2 )
	=	52.172	/	446.0505
	=	11.70 %

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.

Lorenzini Apparels'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 )
=	321.142	/	( (415.273	+	476.828)	/ 2 )
=	321.142	/	446.0505
=	0.72

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.

Lorenzini Apparels Total Assets Related Terms

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Lorenzini Apparels (BOM:540952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lorenzini Apparels Ltd (BOM:540952) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LAL:India

Address

C-64, Okhla Industrial Area Phase - I, New Delhi, Delhi, IND, 110020

Website

https://www.mymonteil.com

Lorenzini Apparels Ltd is engaged in the business of manufacturing, designing, and marketing ready-made garments in India. The company offers formal, semi-formal, and casual wear for men and women casual wear under the brand names Monteil and Munero Monteil, and Calgari. Its products include jeans, shirts, jackets, t-shirts, trousers, sweatshirts, sweaters, blazers, waistcoats, shorts, and capris. In addition, the company also outsources the garments manufacturing on a work basis from third-party contractors.

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