Adinath Textiles (BOM:514113) Total Assets : ₹43.94 Mil (As of Sep. 2024)

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What is Adinath Textiles Total Assets?

Adinath Textiles's Total Assets for the quarter that ended in Sep. 2024 was ₹43.94 Mil.

During the past 12 months, Adinath Textiles's average Total Assets Growth Rate was 12.00% per year. During the past 3 years, the average Total Assets Growth Rate was 4.50% per year. During the past 5 years, the average Total Assets Growth Rate was 3.50% per year. During the past 10 years, the average Total Assets Growth Rate was -1.30% per year.

During the past 13 years, Adinath Textiles's highest 3-Year average Total Assets Growth Rate was 6.40%. The lowest was -23.50%. And the median was -3.20%.

Total Assets is connected with ROA %. Adinath Textiles's annualized ROA % for the quarter that ended in Sep. 2024 was 4.79%. Total Assets is also linked to Revenue through Asset Turnover. Adinath Textiles's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Adinath Textiles Total Assets Historical Data

The historical data trend for Adinath Textiles'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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Adinath Textiles Total Assets Chart

Adinath Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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32.34

34.06

34.72

36.98

41.64

Adinath Textiles Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															38.80	-	41.64	-	43.94

Adinath Textiles 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.

Adinath Textiles'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 )
	=	28.897	+	12.745
	=	41.64

Adinath Textiles's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	30.622	+	13.316
	=	43.94

Adinath Textiles (BOM:514113) Total Assets Explanation

Total Assets is connected with ROA %.

Adinath Textiles's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	2.104	/	( (0	+	43.938)	/ 1 )
	=	2.104	/	43.938
	=	4.79 %

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

Adinath Textiles's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0	/	( (0	+	43.938)	/ 1 )
=	0	/	43.938
=	0.00

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.

Adinath Textiles Total Assets Related Terms

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Adinath Textiles Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Adinath Textiles Ltd (BOM:514113) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Chandigarh Road, P.O. Sahabana, Village Bholapur, Ludhiana, PB, IND, 141123

Website

https://www.adinathtextiles.com

Adinath Textiles Ltd is currently engaged in the business of giving its property on operating lease to different tenants. In addition, the company is actively engaged in profound deliberations, exploring the prospects of embarking upon a new business venture within the confines of its esteemed premises.

Adinath Textiles Headlines

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