Hero MotoCorp (Hero MotoCorp) Total Assets : $0.00 Mil (As of Dec. 2023)

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What is Hero MotoCorp Total Assets?

Hero MotoCorp's Total Assets for the quarter that ended in Dec. 2023 was $0.00 Mil.

During the past 12 months, Hero MotoCorp's average Total Assets Growth Rate was 16.00% per year. During the past 3 years, the average Total Assets Growth Rate was 10.80% per year. During the past 5 years, the average Total Assets Growth Rate was 9.10% per year. During the past 10 years, the average Total Assets Growth Rate was 12.00% per year.

During the past 13 years, Hero MotoCorp's highest 3-Year average Total Assets Growth Rate was 18.80%. The lowest was -0.60%. And the median was 12.20%.

Total Assets is connected with ROA %. Hero MotoCorp's annualized ROA % for the quarter that ended in Dec. 2023 was 16.59%. Total Assets is also linked to Revenue through Asset Turnover. Hero MotoCorp's Asset Turnover for the quarter that ended in Dec. 2023 was 0.37.

Hero MotoCorp Total Assets Historical Data

The historical data trend for Hero MotoCorp'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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Hero MotoCorp Total Assets Chart

Hero MotoCorp Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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2,662.90

2,639.11

3,171.69

2,950.32

2,907.26

Hero MotoCorp 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															-	2,907.26	-	3,167.34	-

Hero MotoCorp 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.

Hero MotoCorp'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 )
	=	2039.789	+	867.473
	=	2,907.26

Hero MotoCorp'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

Hero MotoCorp (GREY:HRTQY) Total Assets Explanation

Total Assets is connected with ROA %.

Hero MotoCorp'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 )
	=	525.336	/	( (3167.342	+	0)	/ 1 )
	=	525.336	/	3167.342
	=	16.59 %

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.

Hero MotoCorp'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 )
=	1175.662	/	( (3167.342	+	0)	/ 1 )
=	1175.662	/	3167.342
=	0.37

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.

Hero MotoCorp Total Assets Related Terms

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Hero MotoCorp (Hero MotoCorp) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hero MotoCorp Ltd (GREY:HRTQY) » Definitions » Total Assets

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HEROMOTOCO:India 500182:India

Address

Nelson Mandela Road, The Grand Plaza, Plot No. 2, Vasant Kunj - Phase -II, New Delhi, IND, 110070

Website

https://www.heromotocorp.com

Hero MotoCorp Ltd is a motorcycle manufacturing company domiciled in India. The company manufactures and distributes motorcycles, scooters, and related spare parts. Sales of motorcycles comprise the largest contribution to consolidated revenue, followed by scooter sales. While Hero MotoCorp derives the vast majority of revenue from domestic operations, the company also has operations in Latin America, South Asia, Africa, and the Middle East. Hero MotoCorp principally manufactures and assembles production domestically. The Company primarily operates in the automotive segment. The automotive segment includes all activities related to development, design, manufacture, assembly and sale of vehicles, as well as sale of related parts and accessories.

Hero MotoCorp (Hero MotoCorp) Headlines

From GuruFocus

Q3 2024 Hero MotoCorp Ltd Earnings Call Transcript

By GuruFocus Research • 02-12-2024