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Vax Housing Finance (BOM:531650) Total Assets : ₹435.33 Mil (As of Sep. 2022)


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What is Vax Housing Finance Total Assets?

Vax Housing Finance's Total Assets for the quarter that ended in Sep. 2022 was ₹435.33 Mil.

Total Assets is connected with ROA %. Vax Housing Finance's annualized ROA % for the quarter that ended in Sep. 2022 was 0.02%. Total Assets is also linked to Revenue through Asset Turnover. Vax Housing Finance's Asset Turnover for the quarter that ended in Sep. 2022 was 0.00.


Vax Housing Finance Total Assets Historical Data

The historical data trend for Vax Housing Finance'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.

* Premium members only.

Vax Housing Finance Total Assets Chart

Vax Housing Finance Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 433.94 434.12 434.44 434.77 435.11

Vax Housing Finance Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 434.92 - 435.11 - 435.33

Vax Housing Finance 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.

Vax Housing Finance's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets=Total Equity (A: Mar. 2022 )+Total Liabilities (A: Mar. 2022 )
=427.345+7.761
=435.11

Vax Housing Finance's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets=Total Equity (Q: Sep. 2022 )+Total Liabilities (Q: Sep. 2022 )
=427.391+7.938
=435.33

* 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.


Vax Housing Finance  (BOM:531650) Total Assets Explanation

Total Assets is connected with ROA %.

Vax Housing Finance's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0.092/( (0+435.329)/ 1 )
=0.092/435.329
=0.02 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) 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.

Vax Housing Finance's Asset Turnover for the quarter that ended in Sep. 2022 is

Asset Turnover
=Revenue (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=0.112/( (0+435.329)/ 1 )
=0.112/435.329
=0.00

* 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.

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.

Vax Housing Finance Total Assets Related Terms

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Vax Housing Finance (BOM:531650) Business Description

Traded in Other Exchanges
N/A
Address
301, Simandhar Estate, Near Sakar 3, Income Tax, Ahmedabad, GJ, IND, 380009
Vax Housing Finance Corp Ltd is engaged in credit services. The firm generates its revenue in the form of interest.

Vax Housing Finance (BOM:531650) Headlines

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