Enkei Wheels (India) (BOM:533477) Total Assets : ₹0 Mil (As of Mar. 2024)

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What is Enkei Wheels (India) Total Assets?

Enkei Wheels (India)'s Total Assets for the quarter that ended in Mar. 2024 was ₹0 Mil.

Warning Sign:

If a company builds assets at 14.8% a year, faster than its revenue growth rate of 7.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Enkei Wheels (India)'s average Total Assets Growth Rate was 7.30% per year. During the past 3 years, the average Total Assets Growth Rate was 7.40% per year. During the past 5 years, the average Total Assets Growth Rate was 14.80% per year. During the past 10 years, the average Total Assets Growth Rate was 7.40% per year.

During the past 13 years, Enkei Wheels (India)'s highest 3-Year average Total Assets Growth Rate was 22.70%. The lowest was -8.90%. And the median was 8.20%.

Total Assets is connected with ROA %. Enkei Wheels (India)'s annualized ROA % for the quarter that ended in Mar. 2024 was 6.65%. Total Assets is also linked to Revenue through Asset Turnover. Enkei Wheels (India)'s Asset Turnover for the quarter that ended in Mar. 2024 was 0.42.

Enkei Wheels (India) Total Assets Historical Data

The historical data trend for Enkei Wheels (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.

Enkei Wheels (India) Total Assets Chart

Enkei Wheels (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,295.97

4,523.25

4,882.82

4,937.62

5,335.54

Enkei Wheels (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	5,395.49	-	5,335.54	-

Enkei Wheels (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.

Enkei Wheels (India)'s Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2332.41	+	3003.13
	=	5,336

Enkei Wheels (India)'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 )
	=	N/A	+	N/A
	=	N/A

Enkei Wheels (India) (BOM:533477) Total Assets Explanation

Total Assets is connected with ROA %.

Enkei Wheels (India)'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 )
	=	354.8	/	( (5335.54	+	0)	/ 1 )
	=	354.8	/	5335.54
	=	6.65 %

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.

Enkei Wheels (India)'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 )
=	2216.14	/	( (5335.54	+	0)	/ 1 )
=	2216.14	/	5335.54
=	0.42

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.

Enkei Wheels (India) Total Assets Related Terms

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Enkei Wheels (India) (BOM:533477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Enkei Wheels (India) Ltd (BOM:533477) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gat No. 1425, Village Shikrapur, Taluka Shirur, Pune, IND, 412208

Website

http://www.enkei.in

Enkei Wheels (India) Ltd is involved in the manufacturing of aluminum alloy casting wheels for two-wheelers as well as four-wheelers. The company only operating business segment that is Automotive Wheels. It sells its product in two forms that are manufactured goods; which consist of wheels for two and four-wheeler vehicles, and traded goods; which include wheels for four-wheelers and accessories.

Enkei Wheels (India) (BOM:533477) Headlines

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