Blue Chip Tex Industries (BOM:506981) Total Assets : ₹416 Mil (As of Mar. 2024)

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What is Blue Chip Tex Industries Total Assets?

Blue Chip Tex Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹416 Mil.

During the past 12 months, Blue Chip Tex Industries's average Total Assets Growth Rate was -8.00% per year. During the past 3 years, the average Total Assets Growth Rate was -6.60% per year. During the past 5 years, the average Total Assets Growth Rate was -5.60% per year. During the past 10 years, the average Total Assets Growth Rate was 7.50% per year.

During the past 13 years, Blue Chip Tex Industries's highest 3-Year average Total Assets Growth Rate was 87.60%. The lowest was -6.60%. And the median was 20.50%.

Total Assets is connected with ROA %. Blue Chip Tex Industries's annualized ROA % for the quarter that ended in Mar. 2024 was -9.62%. Total Assets is also linked to Revenue through Asset Turnover. Blue Chip Tex Industries's Asset Turnover for the quarter that ended in Mar. 2024 was 1.43.

Blue Chip Tex Industries Total Assets Historical Data

The historical data trend for Blue Chip Tex Industries'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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Blue Chip Tex Industries Total Assets Chart

Blue Chip Tex Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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527.83

567.80

485.51

477.78

416.24

Blue Chip Tex Industries 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															477.78	-	455.37	-	416.24

Blue Chip Tex Industries 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.

Blue Chip Tex Industries'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 )
	=	277.533	+	138.704
	=	416

Blue Chip Tex Industries'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 )
	=	277.533	+	138.704
	=	416

Blue Chip Tex Industries (BOM:506981) Total Assets Explanation

Total Assets is connected with ROA %.

Blue Chip Tex Industries'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 )
	=	-40.052	/	( (0	+	416.237)	/ 1 )
	=	-40.052	/	416.237
	=	-9.62 %

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.

Blue Chip Tex Industries'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 )
=	596.662	/	( (0	+	416.237)	/ 1 )
=	596.662	/	416.237
=	1.43

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.

Blue Chip Tex Industries Total Assets Related Terms

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Blue Chip Tex Industries (BOM:506981) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Blue Chip Tex Industries Ltd (BOM:506981) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Jamnalal Bajaj Road, Office no. 15,16 and 17, Maker Chambers-III, 1st Floor, Nariman Point, Mumbai, MH, IND, 400021

Website

https://www.bluechiptexindustrieslimited.com

Blue Chip Tex Industries Ltd is an India based company engaged in the business of Polyester Texturised. It is a manufacturer of synthetic or artificial filament yarn, tenacity yarn including high tenacity yarn. The company's main business segment is manufacturing of polyester texturised yarn and sale in the domestic market.

Blue Chip Tex Industries (BOM:506981) Headlines

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