Balu Forge Industries (BOM:531112) Total Assets : ₹0 Mil (As of Dec. 2024)

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What is Balu Forge Industries Total Assets?

Balu Forge Industries's Total Assets for the quarter that ended in Dec. 2024 was ₹0 Mil.

Warning Sign:

If a company builds assets at 512.4% a year, faster than its revenue growth rate of 66% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Balu Forge Industries's average Total Assets Growth Rate was 58.60% per year. During the past 3 years, the average Total Assets Growth Rate was 54.50% per year. During the past 5 years, the average Total Assets Growth Rate was 512.40% per year. During the past 10 years, the average Total Assets Growth Rate was 210.40% per year.

During the past 13 years, Balu Forge Industries's highest 3-Year average Total Assets Growth Rate was 1107.20%. The lowest was -35.00%. And the median was 47.05%.

Total Assets is connected with ROA %. Balu Forge Industries's annualized ROA % for the quarter that ended in Dec. 2024 was 21.26%. Total Assets is also linked to Revenue through Asset Turnover. Balu Forge Industries's Asset Turnover for the quarter that ended in Dec. 2024 was 0.23.

Balu Forge Industries Total Assets Historical Data

The historical data trend for Balu Forge 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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Balu Forge Industries Total Assets Chart

Balu Forge Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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4.14

1,713.62

2,844.34

3,707.57

7,124.61

Balu Forge Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															-	7,124.61	-	11,101.68	-

Balu Forge 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.

Balu Forge 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 )
	=	5529.637	+	1594.969
	=	7,125

Balu Forge Industries's Total Assets for the quarter that ended in Dec. 2024 is calculated as

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

Balu Forge Industries (BOM:531112) Total Assets Explanation

Total Assets is connected with ROA %.

Balu Forge Industries's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	2360.232	/	( (11101.681	+	0)	/ 1 )
	=	2360.232	/	11101.681
	=	21.26 %

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

Balu Forge Industries's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	2557.83	/	( (11101.681	+	0)	/ 1 )
=	2557.83	/	11101.681
=	0.23

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.

Balu Forge Industries Total Assets Related Terms

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Balu Forge Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Balu Forge Industries Ltd (BOM:531112) » Definitions » Total Assets

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BALUFORGE:India

Address

45 Telly Park Road, 506, 5th Floor, Imperial Palace, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.baluindustries.com

Balu Forge Industries Ltd is engaged in the business of steel forging. The company is a supplier of crankshafts to Original Equipment Manufacturers (OEMs) in India and other countries. It serves railways; car manufacturers; industrial vehicles; defense; oil and gas; agriculture; pumps and other industries. It has a single operating segment: Manufacturing and selling Steel Forging Products. Geographically, the company derives a majority of its revenue from outside India.

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