Yash Innoventures (BOM:523650) Total Assets : ₹271.35 Mil (As of Mar. 2024)

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What is Yash Innoventures Total Assets?

Yash Innoventures's Total Assets for the quarter that ended in Mar. 2024 was ₹271.35 Mil.

During the past 12 months, Yash Innoventures's average Total Assets Growth Rate was -4.80% per year. During the past 3 years, the average Total Assets Growth Rate was 34.20% per year. During the past 5 years, the average Total Assets Growth Rate was 49.10% per year. During the past 10 years, the average Total Assets Growth Rate was 22.20% per year.

During the past 13 years, Yash Innoventures's highest 3-Year average Total Assets Growth Rate was 76.30%. The lowest was -47.60%. And the median was 2.50%.

Total Assets is connected with ROA %. Yash Innoventures's annualized ROA % for the quarter that ended in Mar. 2024 was -0.74%. Total Assets is also linked to Revenue through Asset Turnover. Yash Innoventures's Asset Turnover for the quarter that ended in Mar. 2024 was -0.00.

Yash Innoventures Total Assets Historical Data

The historical data trend for Yash Innoventures'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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Yash Innoventures Total Assets Chart

Yash Innoventures Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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56.61

128.48

262.45

284.39

271.35

Yash Innoventures 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															284.39	-	268.51	-	271.35

Yash Innoventures 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.

Yash Innoventures'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 )
	=	139.955	+	131.395
	=	271.35

Yash Innoventures'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 )
	=	139.955	+	131.395
	=	271.35

Yash Innoventures (BOM:523650) Total Assets Explanation

Total Assets is connected with ROA %.

Yash Innoventures'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 )
	=	-2.012	/	( (0	+	271.35)	/ 1 )
	=	-2.012	/	271.35
	=	-0.74 %

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.

Yash Innoventures'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 )
=	-0.014	/	( (0	+	271.35)	/ 1 )
=	-0.014	/	271.35
=	-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.

Yash Innoventures Total Assets Related Terms

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Yash Innoventures (BOM:523650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Yash Innoventures Ltd (BOM:523650) » Definitions » Total Assets

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Address

S.G.Highway, Behind Prahladnagar Garden, 1st Floor, Corporate House No. 3, Parshwanath Business Park, Ahmedabad, GJ, IND, 380014

Website

https://www.yashinnoventures.com

Yash Innoventures Ltd, formerly Redex Protech Ltd operates in the fire extinguisher equipment industry. The company is engaged in the manufacturing fire extinguisher equipment, smoke alarms, and smoke detectors. The company is operating in two segments i.e. Construction & Infrastructure and Fire Extinguisher. The maximum contribution of revenue consists of rental income which is generated from the leasing of the property.

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