Avanti Feeds (NSE:AVANTIFEED) Total Assets

: ₹0 Mil (As of Dec. 2023)

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Avanti Feeds's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil.

Warning Sign:

If a company builds assets at 12.1% a year, faster than its revenue growth rate of 9.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Avanti Feeds's average Total Assets Growth Rate was -11.00% per year. During the past 3 years, the average Total Assets Growth Rate was 12.40% per year. During the past 5 years, the average Total Assets Growth Rate was 12.10% per year. During the past 10 years, the average Total Assets Growth Rate was 19.40% per year.

During the past 13 years, Avanti Feeds's highest 3-Year average Total Assets Growth Rate was 40.10%. The lowest was -11.90%. And the median was 19.85%.

Total Assets is connected with ROA %. Avanti Feeds's annualized ROA % for the quarter that ended in Dec. 2023 was 9.75%. Total Assets is also linked to Revenue through Asset Turnover. Avanti Feeds's Asset Turnover for the quarter that ended in Dec. 2023 was 0.42.

Avanti Feeds Total Assets Historical Data

The historical data trend for Avanti Feeds'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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Avanti Feeds Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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16,148.19

18,799.51

22,822.26

25,162.09

27,346.49

Avanti Feeds 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															-	27,346.49	-	29,742.61	-

Avanti Feeds 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.

Avanti Feeds'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 )
	=	23768.478	+	3578.008
	=	27,346

Avanti Feeds'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

Avanti Feeds (NSE:AVANTIFEED) Total Assets Explanation

Total Assets is connected with ROA %.

Avanti Feeds'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 )
	=	2898.628	/	( (29742.606	+	0)	/ 1 )
	=	2898.628	/	29742.606
	=	9.75 %

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.

Avanti Feeds'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 )
=	12532.344	/	( (29742.606	+	0)	/ 1 )
=	12532.344	/	29742.606
=	0.42

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.

Avanti Feeds Total Assets Related Terms

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Avanti Feeds (NSE:AVANTIFEED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Avanti Feeds Ltd (NSE:AVANTIFEED) » Definitions » Total Assets

Traded in Other Exchanges

512573:India

Address

G-2, Concorde Apartments, 6-3-658, Somajiguda, Hyderabad, TG, IND, 500082

Website

https://www.avantifeeds.com

Avanti Feeds Ltd is an Indian company which is engaged in the manufacturing of prawn and fish feeds and shrimp processor. The company's operating segments include Shrimp Feed, Shrimp Hatchery and Wind Mills. It generates maximum revenue from the Shrimp Feed segment. Geographically, it derives a majority of its revenue from India and also has a presence in the USA and the Rest of the world. Its product includes prawn feed, scampi feed, and fish feed.

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