Ashirwad Capital (BOM:512247) Total Assets : ₹191.91 Mil (As of Mar. 2024)

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What is Ashirwad Capital Total Assets?

Ashirwad Capital's Total Assets for the quarter that ended in Mar. 2024 was ₹191.91 Mil.

Warning Sign:

If a company builds assets at 23.2% a year, faster than its revenue growth rate of 18.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Ashirwad Capital's average Total Assets Growth Rate was 42.80% per year. During the past 3 years, the average Total Assets Growth Rate was 25.40% per year. During the past 5 years, the average Total Assets Growth Rate was 23.20% per year. During the past 10 years, the average Total Assets Growth Rate was 9.80% per year.

During the past 13 years, Ashirwad Capital's highest 3-Year average Total Assets Growth Rate was 37.30%. The lowest was -6.40%. And the median was 1.30%.

Total Assets is connected with ROA %. Ashirwad Capital's annualized ROA % for the quarter that ended in Mar. 2024 was 3.89%. Total Assets is also linked to Revenue through Asset Turnover. Ashirwad Capital's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Ashirwad Capital Total Assets Historical Data

The historical data trend for Ashirwad Capital'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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Ashirwad Capital Total Assets Chart

Ashirwad Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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63.84

97.38

128.63

134.36

191.91

Ashirwad Capital 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															134.36	-	141.21	-	191.91

Ashirwad Capital 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.

Ashirwad Capital'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 )
	=	189.164	+	2.747
	=	191.91

Ashirwad Capital'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 )
	=	189.164	+	2.747
	=	191.91

Ashirwad Capital (BOM:512247) Total Assets Explanation

Total Assets is connected with ROA %.

Ashirwad Capital'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 )
	=	7.468	/	( (0	+	191.911)	/ 1 )
	=	7.468	/	191.911
	=	3.89 %

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.

Ashirwad Capital'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 )
=	3.838	/	( (0	+	191.911)	/ 1 )
=	3.838	/	191.911
=	0.02

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.

Ashirwad Capital Total Assets Related Terms

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Ashirwad Capital (BOM:512247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ashirwad Capital Ltd (BOM:512247) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

J. R. Boricha Marg, Opposite Kasturba Hospital, 303, Tantia Jogani Industrial Estate, Lower Parel, Mumbai, MH, IND, 400011

Website

http://www.ashirwadcapital.co.in

Ashirwad Capital Ltd is a non-banking finance company engaged in the business of investments. The company is involved in the trading and investment of shares and securities and focuses on long-term investments in blue-chip scripts, with a view to well-timed entry and exit. The Company is engaged interalia, in the business of Carvings of Precious and semi-precious stones, paintings, and jewelry.

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