Entertainment Network (India) (BOM:532700) Total Assets : ₹0 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Entertainment Network (India) Total Assets?

Entertainment Network (India)'s Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil.

During the past 12 months, Entertainment Network (India)'s average Total Assets Growth Rate was -11.40% per year. During the past 3 years, the average Total Assets Growth Rate was -9.20% per year. During the past 5 years, the average Total Assets Growth Rate was -4.30% per year. During the past 10 years, the average Total Assets Growth Rate was 11.80% per year.

During the past 13 years, Entertainment Network (India)'s highest 3-Year average Total Assets Growth Rate was 54.90%. The lowest was -23.20%. And the median was -1.65%.

Total Assets is connected with ROA %. Entertainment Network (India)'s annualized ROA % for the quarter that ended in Dec. 2023 was 8.90%. Total Assets is also linked to Revenue through Asset Turnover. Entertainment Network (India)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.14.

Entertainment Network (India) Total Assets Historical Data

The historical data trend for Entertainment Network (India)'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.

Entertainment Network (India) Total Assets Chart

Entertainment Network (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

11,457.72

13,211.80

11,123.49

11,062.04

10,869.11

Entertainment Network (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															-	10,869.11	-	10,736.50	-

Entertainment Network (India) 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.

Entertainment Network (India)'s Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	7463.147	+	3405.966
	=	10,869

Entertainment Network (India)'s Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	N/A	+	N/A
	=	N/A

Entertainment Network (India) (BOM:532700) Total Assets Explanation

Total Assets is connected with ROA %.

Entertainment Network (India)'s annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	955.568	/	( (10736.497	+	0)	/ 1 )
	=	955.568	/	10736.497
	=	8.90 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Entertainment Network (India)'s Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1522.455	/	( (10736.497	+	0)	/ 1 )
=	1522.455	/	10736.497
=	0.14

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.

Entertainment Network (India) Total Assets Related Terms

Thank you for viewing the detailed overview of Entertainment Network (India)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Entertainment Network (India) (BOM:532700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Entertainment Network (India) Ltd (BOM:532700) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

ENIL:India

Address

Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013

Website

https://www.enil.co.in

Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

Entertainment Network (India) (BOM:532700) Headlines

No Headlines