Relaxo Footwears (BOM:530517) Total Assets : ₹27,139 Mil (As of Mar. 2024)

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What is Relaxo Footwears Total Assets?

Relaxo Footwears's Total Assets for the quarter that ended in Mar. 2024 was ₹27,139 Mil.

Warning Sign:

If a company builds assets at 9% a year, faster than its revenue growth rate of 5.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Relaxo Footwears's average Total Assets Growth Rate was 14.10% per year. During the past 3 years, the average Total Assets Growth Rate was 11.40% per year. During the past 5 years, the average Total Assets Growth Rate was 9.00% per year. During the past 10 years, the average Total Assets Growth Rate was 14.10% per year.

During the past 13 years, Relaxo Footwears's highest 3-Year average Total Assets Growth Rate was 29.40%. The lowest was 6.50%. And the median was 17.40%.

Total Assets is connected with ROA %. Relaxo Footwears's annualized ROA % for the quarter that ended in Mar. 2024 was 9.05%. Total Assets is also linked to Revenue through Asset Turnover. Relaxo Footwears's Asset Turnover for the quarter that ended in Mar. 2024 was 0.28.

Relaxo Footwears Total Assets Historical Data

The historical data trend for Relaxo Footwears'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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Relaxo Footwears Total Assets Chart

Relaxo Footwears Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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18,410.80

21,758.00

23,825.90

24,947.90

27,139.10

Relaxo Footwears 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															24,947.90	-	-	-	27,139.10

Relaxo Footwears 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.

Relaxo Footwears'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 )
	=	20011.1	+	7128
	=	27,139

Relaxo Footwears'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 )
	=	20011.1	+	7128
	=	27,139

Relaxo Footwears (BOM:530517) Total Assets Explanation

Total Assets is connected with ROA %.

Relaxo Footwears'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 )
	=	2455.6	/	( (0	+	27139.1)	/ 1 )
	=	2455.6	/	27139.1
	=	9.05 %

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.

Relaxo Footwears'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 )
=	7472.1	/	( (0	+	27139.1)	/ 1 )
=	7472.1	/	27139.1
=	0.28

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.

Relaxo Footwears Total Assets Related Terms

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Relaxo Footwears (BOM:530517) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Relaxo Footwears Ltd (BOM:530517) » Definitions » Total Assets

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RELAXO:India

Address

Aggarwal City Square, Plot No. 10, Mangalam Palace, District Centre, Sector-3, Rohini, New Delhi, IND, 110085

Website

https://www.relaxofootwear.com

Relaxo Footwears Ltd manufactures footwear in India that it sells under the brand names Flite, Bahamas, Hawaii, Sparx, Schoolmate, Elena, and Casualz. Roughly half of the company's production is non-leather footwear, including a wide variety of slippers. Relaxo sells its products directly through its company-owned retail stores and online shopping portal, and Relaxo sells its products wholesale to distributors and through export operations. The Company has only one segment Footwear and related products. The vast majority of sales are generated in India, where the company's hundreds of Relaxo Shoppe retail stores are located.

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