Shree Bhavya Fabrics's Total Assets for the quarter that ended in Mar. 2024 was ₹1,547 Mil.
During the past 12 months, Shree Bhavya Fabrics's average Total Assets Growth Rate was -4.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 1.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 1.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.90% per year.
During the past 13 years, Shree Bhavya Fabrics's highest 3-Year average Total Assets Growth Rate was 7.00%. The lowest was 0.30%. And the median was 3.60%.
The historical data trend for Shree Bhavya Fabrics'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.
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.
Shree Bhavya Fabrics's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Shree Bhavya Fabrics (BOM:521131) Total Assets Explanation
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.
Shree Bhavya Fabrics's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Shree Bhavya Fabrics Total Assets Related Terms
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Shree Bhavya Fabrics (BOM:521131) Business Description
Shree Bhavya Fabrics Ltd ventures in the textile industry. The company is engaged in textile manufacturing and related activities. It offers fabric and grey fabrics, including fabricated and home textiles. It offers products, including home furnishings, bottom-weight fabric, and shirting fabric. Its home furnishings include bed sheets, quilt covers/duvet covers, flat sheets, fitted sheets, and cushion covers. The company's bottom-weight products include dobbies, double cloth, corduroys, cotton twills, and others. Its shirting fabric products include casuals, plaid, striped, military, and western.
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