Goodyear India (BOM:500168) Total Assets : ₹11,794 Mil (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Goodyear India Total Assets?

Goodyear India's Total Assets for the quarter that ended in Mar. 2024 was ₹11,794 Mil.

During the past 12 months, Goodyear India's average Total Assets Growth Rate was -5.10% per year. During the past 3 years, the average Total Assets Growth Rate was 9.50% per year. During the past 5 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 13 years, Goodyear India's highest 3-Year average Total Assets Growth Rate was 15.90%. The lowest was 3.30%. And the median was 8.80%.

Total Assets is connected with ROA %. Goodyear India's annualized ROA % for the quarter that ended in Mar. 2024 was -1.43%. Total Assets is also linked to Revenue through Asset Turnover. Goodyear India's Asset Turnover for the quarter that ended in Mar. 2024 was 0.47.

Goodyear India Total Assets Historical Data

The historical data trend for Goodyear 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.

Goodyear India Total Assets Chart

Goodyear India Annual Data

Trend

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

13,068.00

13,906.00

13,650.10

12,612.90

11,793.90

Goodyear India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															12,612.90	-	13,020.10	-	11,793.90

Goodyear 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.

Goodyear India's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	5814.5	+	5979.4
	=	11,794

Goodyear India's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	5814.5	+	5979.4
	=	11,794

Goodyear India (BOM:500168) Total Assets Explanation

Total Assets is connected with ROA %.

Goodyear India's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-168.4	/	( (0	+	11793.9)	/ 1 )
	=	-168.4	/	11793.9
	=	-1.43 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Goodyear India's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	5505.3	/	( (0	+	11793.9)	/ 1 )
=	5505.3	/	11793.9
=	0.47

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.

Goodyear India Total Assets Related Terms

Thank you for viewing the detailed overview of Goodyear India's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Goodyear India (BOM:500168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Goodyear India Ltd (BOM:500168) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1st Floor, ABW Elegance Tower, Plot No. 8, Commercial Centre, Jasola, New Delhi, IND, 110 025

Website

https://www.goodyear.co.in

Goodyear India Ltd is an Indian company. The company is engaged in the business of manufacturing and trading tyres, tubes, and flaps. It sells tyres of its own brand Goodyear. Geographically, it derives a majority of revenue from India. Its only operating segment is Automotive tyres, tubes, and flaps. It generates maximum revenue from Tyres products.

Goodyear India (BOM:500168) Headlines

No Headlines