G G Automotive Gears (BOM:531399) Total Assets : ₹806.8 Mil (As of Mar. 2024)

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What is G G Automotive Gears Total Assets?

G G Automotive Gears's Total Assets for the quarter that ended in Mar. 2024 was ₹806.8 Mil.

During the past 12 months, G G Automotive Gears's average Total Assets Growth Rate was 11.00% per year. During the past 3 years, the average Total Assets Growth Rate was 13.10% per year. During the past 5 years, the average Total Assets Growth Rate was 4.20% per year.

During the past 8 years, G G Automotive Gears's highest 3-Year average Total Assets Growth Rate was 24.40%. The lowest was -1.70%. And the median was 3.10%.

Total Assets is connected with ROA %. G G Automotive Gears's annualized ROA % for the quarter that ended in Mar. 2024 was 6.15%. Total Assets is also linked to Revenue through Asset Turnover. G G Automotive Gears's Asset Turnover for the quarter that ended in Mar. 2024 was 0.36.

G G Automotive Gears Total Assets Historical Data

The historical data trend for G G Automotive Gears'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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G G Automotive Gears Total Assets Chart

G G Automotive Gears Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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662.32

542.98

649.12

713.90

806.77

G G Automotive Gears 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															713.90	-	738.97	-	806.77

G G Automotive Gears 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.

G G Automotive Gears'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 )
	=	317.43	+	489.34
	=	806.8

G G Automotive Gears'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 )
	=	317.43	+	489.34
	=	806.8

G G Automotive Gears (BOM:531399) Total Assets Explanation

Total Assets is connected with ROA %.

G G Automotive Gears'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 )
	=	49.592	/	( (0	+	806.77)	/ 1 )
	=	49.592	/	806.77
	=	6.15 %

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.

G G Automotive Gears'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 )
=	293.703	/	( (0	+	806.77)	/ 1 )
=	293.703	/	806.77
=	0.36

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.

G G Automotive Gears Total Assets Related Terms

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G G Automotive Gears (BOM:531399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » G G Automotive Gears Ltd (BOM:531399) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

A.B. Road, Plot Number 2-A, I. S. Gajra Industrial Area-1, Dewas, MP, IND, 455 001

Website

https://ggautomotive.com

G G Automotive Gears Ltd is an India-based company. It is engaged in designing, manufacturing, supplying, and servicing Gears, Pinions, and Gearboxes. Geographically, it operates and derives revenue from India. The company's product portfolio includes Railway Gears & Shafts, Forged Components & Machined Blanks, Industrial Gears & Gearboxes, Internal rings, Mining & Earth-moving Equipment Spares, Reduction gearboxes, Worm gears, and others.

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