Aries Agro's Total Assets for the quarter that ended in Mar. 2024 was ₹5,175 Mil.
During the past 12 months, Aries Agro's average Total Assets Growth Rate was -1.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 0.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 1.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.20% per year.
During the past 13 years, Aries Agro's highest 3-Year average Total Assets Growth Rate was 46.40%. The lowest was 0.70%. And the median was 3.10%.
The historical data trend for Aries Agro'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.
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.
Aries Agro's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
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.
Aries Agro's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Aries Agro Total Assets Related Terms
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Aries Agro Ltd is involved in the business of manufacturing of micronutrients and other customized nutritional products for plants and animals. The organization has only one business segment, Agri inputs. The company also deals in Veterinary products on a small scale. It has also started dealing and manufacturing Soluble fertilizers and Sulphur based fertilizers. Some of the products produced by the company are agromin soil application, ASA max powder, ASA granules, Chelamin, macrofert, chelacop, and fishmin.
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