Globe Textiles (India)'s Total Assets for the quarter that ended in Mar. 2025 was ₹3,852 Mil.
Warning Sign:
If a company builds assets at 12.1% a year, faster than its revenue growth rate of 2.7% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Globe Textiles (India)'s average Total Assets Growth Rate was 55.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 14.00% 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 17.10% per year.
During the past 13 years, Globe Textiles (India)'s highest 3-Year average Total Assets Growth Rate was 38.70%. The lowest was 4.90%. And the median was 18.90%.
* 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.
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.
Globe Textiles (India)'s Total Assets for the fiscal year that ended in Mar. 2025 is calculated as
* 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.
Globe Textiles (India) (NSE:GLOBE) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2025) 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.
Globe Textiles (India)'s Asset Turnover for the quarter that ended in Mar. 2025 is
* 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.
Globe Textiles (India) Total Assets Related Terms
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Globe Textiles (India) Ltd manufactures, supplies, and trades textile and apparel products and services from fiber to fashion. The company products include Denim and Non-Denim Fabrics, Shirting Fabrics, Printed Fabrics, Home Textiles, Jeans and Yarns. The company has its operations in India and outside India.
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