Ashirwad Steels & Industries (BOM:526847) Total Assets : ₹0.00 Mil (As of Jun. 2024)

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What is Ashirwad Steels & Industries Total Assets?

Ashirwad Steels & Industries's Total Assets for the quarter that ended in Jun. 2024 was ₹0.00 Mil.

During the past 12 months, Ashirwad Steels & Industries's average Total Assets Growth Rate was 1.10% per year. During the past 3 years, the average Total Assets Growth Rate was 11.60% per year. During the past 5 years, the average Total Assets Growth Rate was 6.30% per year. During the past 10 years, the average Total Assets Growth Rate was 6.00% per year.

During the past 13 years, Ashirwad Steels & Industries's highest 3-Year average Total Assets Growth Rate was 11.60%. The lowest was -7.20%. And the median was 5.30%.

Total Assets is connected with ROA %. Ashirwad Steels & Industries's annualized ROA % for the quarter that ended in Jun. 2024 was 2.95%. Total Assets is also linked to Revenue through Asset Turnover. Ashirwad Steels & Industries's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Ashirwad Steels & Industries Total Assets Historical Data

The historical data trend for Ashirwad Steels & Industries'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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Ashirwad Steels & Industries Total Assets Chart

Ashirwad Steels & Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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587.73

572.03

613.83

783.86

809.42

Ashirwad Steels & Industries Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															-	794.16	-	809.42	-

Ashirwad Steels & Industries 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.

Ashirwad Steels & Industries'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 )
	=	808.494	+	0.929
	=	809.42

Ashirwad Steels & Industries's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	N/A	+	N/A
	=	N/A

Ashirwad Steels & Industries (BOM:526847) Total Assets Explanation

Total Assets is connected with ROA %.

Ashirwad Steels & Industries's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	23.88	/	( (809.423	+	0)	/ 1 )
	=	23.88	/	809.423
	=	2.95 %

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

Ashirwad Steels & Industries's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	3.501	/	( (809.423	+	0)	/ 1 )
=	3.501	/	809.423
=	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.

Ashirwad Steels & Industries Total Assets Related Terms

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Ashirwad Steels & Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashirwad Steels & Industries Ltd (BOM:526847) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069

Website

https://www.ashirwadsteels.com

Ashirwad Steels & Industries Ltd is an Indian based company that operates in the sponge iron business. It is involved in the manufacturing of sponge iron using iron-ore and coal as the raw materials. The sponge iron is used as input by the steel melting shops to produce ingots and billets which are thereafter re-rolled by the rolling mills to produce end steel products like Rods, Bars, Plain Rounds, Angles, Flats, Channels, Girders and others. Geographically, the business activity is carried out through the region of India and derives revenue through the sale of products.

Ashirwad Steels & Industries Headlines

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