Rasandik Engineering Industries India (BOM:522207) Total Assets : ₹1,848.7 Mil (As of Mar. 2024)

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What is Rasandik Engineering Industries India Total Assets?

Rasandik Engineering Industries India's Total Assets for the quarter that ended in Mar. 2024 was ₹1,848.7 Mil.

During the past 12 months, Rasandik Engineering Industries India's average Total Assets Growth Rate was -19.20% per year. During the past 3 years, the average Total Assets Growth Rate was -10.40% per year. During the past 5 years, the average Total Assets Growth Rate was -8.00% per year. During the past 10 years, the average Total Assets Growth Rate was -3.40% per year.

During the past 13 years, Rasandik Engineering Industries India's highest 3-Year average Total Assets Growth Rate was 5.20%. The lowest was -10.40%. And the median was -2.50%.

Total Assets is connected with ROA %. Rasandik Engineering Industries India's annualized ROA % for the quarter that ended in Mar. 2024 was 27.55%. Total Assets is also linked to Revenue through Asset Turnover. Rasandik Engineering Industries India's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Rasandik Engineering Industries India Total Assets Historical Data

The historical data trend for Rasandik Engineering Industries India'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.

Rasandik Engineering Industries India Total Assets Chart

Rasandik Engineering Industries India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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2,535.52

2,528.40

2,469.52

2,250.70

1,848.67

Rasandik Engineering Industries India 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															2,250.70	-	2,102.42	-	1,848.67

Rasandik Engineering Industries India 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.

Rasandik Engineering Industries India'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 )
	=	1006.949	+	841.723
	=	1,848.7

Rasandik Engineering Industries India'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 )
	=	1006.949	+	841.723
	=	1,848.7

Rasandik Engineering Industries India (BOM:522207) Total Assets Explanation

Total Assets is connected with ROA %.

Rasandik Engineering Industries India'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 )
	=	509.376	/	( (0	+	1848.672)	/ 1 )
	=	509.376	/	1848.672
	=	27.55 %

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.

Rasandik Engineering Industries India'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 )
=	189.632	/	( (0	+	1848.672)	/ 1 )
=	189.632	/	1848.672
=	0.10

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.

Rasandik Engineering Industries India Total Assets Related Terms

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Rasandik Engineering Industries India (BOM:522207) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rasandik Engineering Industries India Ltd (BOM:522207) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

13/14, Roz-Ka-Meo Industrial Area, Sohna District, Gurugram, HR, IND, 122103

Website

https://www.rasandik.com

Rasandik Engineering Industries India Ltd is engaged in the manufacturing of sheet metal components, TWB and tool and dies for automobiles. The company's products include Tailored welding blanks, Engineering solutions, Tools and dies, Body-in-white (BIW) parts, Suspension parts, Fuel tanks, Exhaust line and CNC bending, Scissor Jack, and White goods. The company earns a majority of its revenue from the domestic sales of sheet metal. The company has only one business segment which is the manufacturing of components.

Rasandik Engineering Industries India (BOM:522207) Headlines

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