MFL India (BOM:526622) Total Assets : ₹189.8 Mil (As of Sep. 2024)

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What is MFL India Total Assets?

MFL India's Total Assets for the quarter that ended in Sep. 2024 was ₹189.8 Mil.

During the past 12 months, MFL India's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 29.10% per year. During the past 5 years, the average Total Assets Growth Rate was 16.30% per year. During the past 10 years, the average Total Assets Growth Rate was -27.00% per year.

During the past 13 years, MFL India's highest 3-Year average Total Assets Growth Rate was 430.30%. The lowest was -64.00%. And the median was 7.25%.

Total Assets is connected with ROA %. MFL India's annualized ROA % for the quarter that ended in Sep. 2024 was -9.15%. Total Assets is also linked to Revenue through Asset Turnover. MFL India's Asset Turnover for the quarter that ended in Sep. 2024 was 0.67.

MFL India Total Assets Historical Data

The historical data trend for MFL 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.

MFL India Total Assets Chart

MFL India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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51.08

77.60

5.54

182.93

171.56

MFL India Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															198.31	-	171.56	-	189.80

MFL 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.

MFL 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 )
	=	-19.509	+	191.066
	=	171.6

MFL India'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 )
	=	-24.006	+	213.804
	=	189.8

MFL India (BOM:526622) Total Assets Explanation

Total Assets is connected with ROA %.

MFL India'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 )
	=	-17.368	/	( (0	+	189.798)	/ 1 )
	=	-17.368	/	189.798
	=	-9.15 %

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.

MFL India'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 )
=	126.508	/	( (0	+	189.798)	/ 1 )
=	126.508	/	189.798
=	0.67

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.

MFL India Total Assets Related Terms

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MFL India Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MFL India Ltd (BOM:526622) » Definitions » Total Assets

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Address

94/4, Main Market, UG-F, UG-9, Village-Patparganj, Patparganj, New Delhi, IND, 110091

Website

https://www.mflindia.info

MFL India Ltd is an India-based transport and logistics company. Its only operating segment is Transportation/Trucking. The company fleet includes a mixed variety of heavy-weight cargo carriers, along with a diversified portfolio of transportation services that includes high-capacity trucks and trailers. Its logistics portfolio includes freight management, cargo brokerage, and intermodal. The commodities mainly transported are retail store merchandise, two-wheeler motorcycles, consumer products, fast-moving consumer goods, other manufactured products, and grocery products.

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