Permanent Magnets (BOM:504132) Total Assets : ₹0 Mil (As of Jun. 2024)

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What is Permanent Magnets Total Assets?

Permanent Magnets's Total Assets for the quarter that ended in Jun. 2024 was ₹0 Mil.

During the past 12 months, Permanent Magnets's average Total Assets Growth Rate was 12.90% per year. During the past 3 years, the average Total Assets Growth Rate was 31.60% per year. During the past 5 years, the average Total Assets Growth Rate was 22.90% per year. During the past 10 years, the average Total Assets Growth Rate was 13.50% per year.

During the past 13 years, Permanent Magnets's highest 3-Year average Total Assets Growth Rate was 31.60%. The lowest was -7.60%. And the median was 4.60%.

Total Assets is connected with ROA %. Permanent Magnets's annualized ROA % for the quarter that ended in Jun. 2024 was 10.55%. Total Assets is also linked to Revenue through Asset Turnover. Permanent Magnets's Asset Turnover for the quarter that ended in Jun. 2024 was 0.28.

Permanent Magnets Total Assets Historical Data

The historical data trend for Permanent Magnets'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.

Permanent Magnets Total Assets Chart

Permanent Magnets Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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731.09

939.92

1,159.71

1,512.63

1,910.30

Permanent Magnets Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															-	1,651.40	-	1,910.30	-

Permanent Magnets 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.

Permanent Magnets'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 )
	=	1296.4	+	613.9
	=	1,910

Permanent Magnets's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	N/A	+	N/A
	=	N/A

Permanent Magnets (BOM:504132) Total Assets Explanation

Total Assets is connected with ROA %.

Permanent Magnets's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	201.6	/	( (1910.3	+	0)	/ 1 )
	=	201.6	/	1910.3
	=	10.55 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Permanent Magnets's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	543.2	/	( (1910.3	+	0)	/ 1 )
=	543.2	/	1910.3
=	0.28

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.

Permanent Magnets Total Assets Related Terms

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Permanent Magnets Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Permanent Magnets Ltd (BOM:504132) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Plot No. B-3, MIDC Industrial Area, Village Mira, Mira Road (East), Thane, MH, IND, 401107

Website

https://www.pmlindia.com

Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast magnets and parts and accessories for electricity meters and its application. The magnets are used in electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. Its product portfolio includes magnetic assemblies, shunts, brass terminals, magnetic separators, electromagnets, alnico magnets, and others. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. The company operates in one single segment which is Engineering and Current Sensing application.

Permanent Magnets Headlines

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