Comfort Fincap (BOM:535267) Total Assets : ₹831.17 Mil (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Comfort Fincap Total Assets?

Comfort Fincap's Total Assets for the quarter that ended in Mar. 2024 was ₹831.17 Mil.

During the past 12 months, Comfort Fincap's average Total Assets Growth Rate was 6.20% per year. During the past 3 years, the average Total Assets Growth Rate was 4.20% per year. During the past 5 years, the average Total Assets Growth Rate was 9.40% per year. During the past 10 years, the average Total Assets Growth Rate was 16.00% per year.

During the past 13 years, Comfort Fincap's highest 3-Year average Total Assets Growth Rate was 27.50%. The lowest was 4.20%. And the median was 12.50%.

Total Assets is connected with ROA %. Comfort Fincap's annualized ROA % for the quarter that ended in Mar. 2024 was 3.43%. Total Assets is also linked to Revenue through Asset Turnover. Comfort Fincap's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Comfort Fincap Total Assets Historical Data

The historical data trend for Comfort Fincap'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.

Comfort Fincap Total Assets Chart

Comfort Fincap Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

573.89

735.34

975.43

789.14

831.17

Comfort Fincap Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	789.14	811.61	-	831.17

Comfort Fincap 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.

Comfort Fincap'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 )
	=	550.105	+	281.068
	=	831.17

Comfort Fincap'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 )
	=	550.105	+	281.068
	=	831.17

Comfort Fincap (BOM:535267) Total Assets Explanation

Total Assets is connected with ROA %.

Comfort Fincap'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 )
	=	28.468	/	( (0	+	831.173)	/ 1 )
	=	28.468	/	831.173
	=	3.43 %

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.

Comfort Fincap'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 )
=	28.78	/	( (0	+	831.173)	/ 1 )
=	28.78	/	831.173
=	0.03

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.

Comfort Fincap Total Assets Related Terms

Thank you for viewing the detailed overview of Comfort Fincap's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Comfort Fincap (BOM:535267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Comfort Fincap Ltd (BOM:535267) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

S.V. Road, Opposite Natraj Market, A-301, Hetal Arch, Malad (West), Mumbai, MH, IND, 400064

Website

http://www.comfortfincap.com

Comfort Fincap Ltd is an India based non-banking financial company. It provides various financial solutions to commercial, industrial and financial clients. Its offerings include advancing loans against listed shares, securities, and properties, corporate loans, personal loans, trade financing, promoter funding, IPO (initial public offer) financing, bills discounting, margin funding, trading in shares and securities and arbitrage business in stock and commodity market. It generates revenue in the form of professional fees and interest income received from loans and advances and term deposits.

Comfort Fincap (BOM:535267) Headlines

No Headlines