GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Binny Mills Ltd (BOM:535620) » Definitions » Total Assets

Binny Mills (BOM:535620) Total Assets : ₹1,792.43 Mil (As of Mar. 2024)


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

What is Binny Mills Total Assets?

Binny Mills's Total Assets for the quarter that ended in Mar. 2024 was ₹1,792.43 Mil.

During the past 12 months, Binny Mills's average Total Assets Growth Rate was -2.10% per year. During the past 3 years, the average Total Assets Growth Rate was 0.20% per year. During the past 5 years, the average Total Assets Growth Rate was 0.40% per year.

During the past 13 years, Binny Mills's highest 3-Year average Total Assets Growth Rate was 1.00%. The lowest was -0.40%. And the median was -0.20%.

Total Assets is connected with ROA %. Binny Mills's annualized ROA % for the quarter that ended in Mar. 2024 was -13.98%. Total Assets is also linked to Revenue through Asset Turnover. Binny Mills's Asset Turnover for the quarter that ended in Mar. 2024 was 0.01.


Binny Mills Total Assets Historical Data

The historical data trend for Binny Mills'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.

Binny Mills Total Assets Chart

Binny Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,718.13 1,738.68 1,758.43 1,769.66 1,792.43

Binny Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,769.66 - 1,777.65 1,777.72 1,792.43

Binny Mills 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.

Binny Mills'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 )
=-1818.843+3611.275
=1,792.43

Binny Mills'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 )
=-1818.843+3611.275
=1,792.43

* 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.


Binny Mills  (BOM:535620) Total Assets Explanation

Total Assets is connected with ROA %.

Binny Mills'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 )
=-249.496/( (1777.719+1792.432)/ 2 )
=-249.496/1785.0755
=-13.98 %

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.

Binny Mills'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 )
=17.606/( (1777.719+1792.432)/ 2 )
=17.606/1785.0755
=0.01

* 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.

Binny Mills Total Assets Related Terms

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


Binny Mills (BOM:535620) Business Description

Traded in Other Exchanges
N/A
Address
TCP Sapthagiri Bhavan, New No. 4, Old No. 10, Karpagambal Nagar, Mylapore, Chennai, TN, IND, 600004
Binny Mills Ltd is engaged in the retail trading of textile products. The business activity of the firm is operated through three divisions namely Warehousing, Showrooms, and Textiles. The Warehousing division has rented its warehouses and is deriving rental income from it. The Showrooms are engaged in the retail selling of textile materials and the Textile division is engaged in selling textile materials, particularly uniform materials, bedspreads, and other textile varieties. The company generates the majority of its revenue from the Warehousing division.

Binny Mills (BOM:535620) Headlines

No Headlines