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Tamilnadu Steel Tubes (BOM:513540) Total Assets : ₹0.0 Mil (As of Dec. 2024)


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What is Tamilnadu Steel Tubes Total Assets?

Tamilnadu Steel Tubes's Total Assets for the quarter that ended in Dec. 2024 was ₹0.0 Mil.

Warning Sign:

If a company builds assets at 5.5% a year, faster than its revenue growth rate of 4.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Tamilnadu Steel Tubes's average Total Assets Growth Rate was -4.50% per year. During the past 3 years, the average Total Assets Growth Rate was 10.60% per year. During the past 5 years, the average Total Assets Growth Rate was 5.50% per year. During the past 10 years, the average Total Assets Growth Rate was 0.10% per year.

During the past 13 years, Tamilnadu Steel Tubes's highest 3-Year average Total Assets Growth Rate was 10.60%. The lowest was -10.20%. And the median was 0.80%.

Total Assets is connected with ROA %. Tamilnadu Steel Tubes's annualized ROA % for the quarter that ended in Dec. 2024 was 0.25%. Total Assets is also linked to Revenue through Asset Turnover. Tamilnadu Steel Tubes's Asset Turnover for the quarter that ended in Dec. 2024 was 0.54.


Tamilnadu Steel Tubes Total Assets Historical Data

The historical data trend for Tamilnadu Steel Tubes'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.

Tamilnadu Steel Tubes Total Assets Chart

Tamilnadu Steel Tubes 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 261.22 245.48 292.84 325.86 318.39

Tamilnadu Steel Tubes Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 318.39 - 298.96 -

Tamilnadu Steel Tubes 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.

Tamilnadu Steel Tubes'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 )
=94.822+223.568
=318.4

Tamilnadu Steel Tubes's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 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.


Tamilnadu Steel Tubes  (BOM:513540) Total Assets Explanation

Total Assets is connected with ROA %.

Tamilnadu Steel Tubes's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=0.752/( (298.96+0)/ 1 )
=0.752/298.96
=0.25 %

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

Tamilnadu Steel Tubes's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=161.115/( (298.96+0)/ 1 )
=161.115/298.96
=0.54

* 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.

Tamilnadu Steel Tubes Total Assets Related Terms

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Tamilnadu Steel Tubes Business Description

Traded in Other Exchanges
N/A
Address
Wheatcrofts Road, No,22, First Floor, Nungambakkam, Chennai, TN, IND, 600 034
Tamilnadu Steel Tubes Ltd manufactures Mild Steel Tubes, both Black and Galvanised, Square and Rectangle Pipes. The company's manufacturing unit is located at Maraimalai Nagar, Kanchipuram District, Tamil Nadu. The company is engaged in manufacturing and exporting a wide range of MS Pipes, GI Pipes, Square Pipes and Rectangle Pipes.

Tamilnadu Steel Tubes Headlines

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