Sumedha Fiscal Services (BOM:530419) Total Assets : ₹650 Mil (As of Sep. 2024)

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What is Sumedha Fiscal Services Total Assets?

Sumedha Fiscal Services's Total Assets for the quarter that ended in Sep. 2024 was ₹650 Mil.

During the past 12 months, Sumedha Fiscal Services's average Total Assets Growth Rate was 7.70% per year. During the past 3 years, the average Total Assets Growth Rate was 7.80% per year. During the past 5 years, the average Total Assets Growth Rate was 10.30% per year. During the past 10 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 13 years, Sumedha Fiscal Services's highest 3-Year average Total Assets Growth Rate was 22.70%. The lowest was -1.70%. And the median was 9.45%.

Total Assets is connected with ROA %. Sumedha Fiscal Services's annualized ROA % for the quarter that ended in Sep. 2024 was 18.69%. Total Assets is also linked to Revenue through Asset Turnover. Sumedha Fiscal Services's Asset Turnover for the quarter that ended in Sep. 2024 was 0.51.

Sumedha Fiscal Services Total Assets Historical Data

The historical data trend for Sumedha Fiscal Services'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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Sumedha Fiscal Services Total Assets Chart

Sumedha Fiscal Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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411.29

482.63

523.75

532.15

597.84

Sumedha Fiscal Services Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															573.72	-	597.84	-	650.01

Sumedha Fiscal Services 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.

Sumedha Fiscal Services'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 )
	=	574.158	+	23.682
	=	598

Sumedha Fiscal Services'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 )
	=	616.415	+	33.593
	=	650

Sumedha Fiscal Services (BOM:530419) Total Assets Explanation

Total Assets is connected with ROA %.

Sumedha Fiscal Services'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 )
	=	121.508	/	( (0	+	650.008)	/ 1 )
	=	121.508	/	650.008
	=	18.69 %

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.

Sumedha Fiscal Services'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 )
=	333.065	/	( (0	+	650.008)	/ 1 )
=	333.065	/	650.008
=	0.51

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.

Sumedha Fiscal Services Total Assets Related Terms

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Sumedha Fiscal Services Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sumedha Fiscal Services Ltd (BOM:530419) » Definitions » Total Assets

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Address

8B Middleton Street, 6A Geetanjali, Kolkata, WB, IND, 700 071

Website

https://www.sumedhafiscal.com

Sumedha Fiscal Services Ltd is engaged in providing financial services. It operates in the investment banking segment. The company is engaged in providing various fee-based services such as fund mobilization through the issuance of debt, quasi-equity, structured hybrid instruments, etc. corporate restructuring, trading, and loan syndications. Its vast clientele includes India's public and private corporates. The Company engaged in the business of Investment Banking which constitutes a single reporting segment.

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