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Empire Industries (BOM:509525) Total Assets : ₹0 Mil (As of Jun. 2024)


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What is Empire Industries Total Assets?

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

During the past 12 months, Empire Industries's average Total Assets Growth Rate was -3.90% per year. During the past 3 years, the average Total Assets Growth Rate was -1.20% per year. During the past 5 years, the average Total Assets Growth Rate was -1.00% per year. During the past 10 years, the average Total Assets Growth Rate was 7.30% per year.

During the past 13 years, Empire Industries's highest 3-Year average Total Assets Growth Rate was 18.60%. The lowest was -3.90%. And the median was 9.80%.

Total Assets is connected with ROA %. Empire Industries's annualized ROA % for the quarter that ended in Jun. 2024 was 5.33%. Total Assets is also linked to Revenue through Asset Turnover. Empire Industries's Asset Turnover for the quarter that ended in Jun. 2024 was 0.21.


Empire Industries Total Assets Historical Data

The historical data trend for Empire 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.

* Premium members only.

Empire Industries Total Assets Chart

Empire Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,837.23 7,130.15 7,067.86 7,396.59 7,270.67

Empire Industries 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 7,473.60 - 7,270.67 -

Empire 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.

Empire 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 )
=3002.167+4268.502
=7,271

Empire Industries'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

* 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.


Empire Industries  (BOM:509525) Total Assets Explanation

Total Assets is connected with ROA %.

Empire Industries'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 )
=387.472/( (7270.669+0)/ 1 )
=387.472/7270.669
=5.33 %

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.

Empire Industries'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 )
=1516.65/( (7270.669+0)/ 1 )
=1516.65/7270.669
=0.21

* 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.

Empire Industries Total Assets Related Terms

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Empire Industries Business Description

Traded in Other Exchanges
N/A
Address
414, Senapati Bapat Marg, Empire Complex, Lower Parel, Mumbai, MH, IND, 400 013
Empire Industries Ltd is a multi-divisional company engaged in different businesses. Its segments are Manufacturing - comprising of manufacturing glass bottles; Trading, Business Support Services, Consultancy, Commission; and Property development. The company derives revenue primarily from the business of manufacturing of container glass, trading in frozen foods, indenting and real estate. It also imports frozen foods from the global market and distributes them to hotels, provides office space on a leave and license basis to companies and banks, develops residential, and provides workspace solutions to clients. The company operates in India and internationally.

Empire Industries Headlines

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