Niyogin Fintech (BOM:538772) Total Assets : ₹4,521 Mil (As of Mar. 2024)

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What is Niyogin Fintech Total Assets?

Niyogin Fintech's Total Assets for the quarter that ended in Mar. 2024 was ₹4,521 Mil.

During the past 12 months, Niyogin Fintech's average Total Assets Growth Rate was 29.80% per year. During the past 3 years, the average Total Assets Growth Rate was 19.40% per year. During the past 5 years, the average Total Assets Growth Rate was 31.50% per year. During the past 10 years, the average Total Assets Growth Rate was 75.50% per year.

During the past 11 years, Niyogin Fintech's highest 3-Year average Total Assets Growth Rate was 1230.60%. The lowest was -79.00%. And the median was 56.10%.

Total Assets is connected with ROA %. Niyogin Fintech's annualized ROA % for the quarter that ended in Mar. 2024 was -1.88%. Total Assets is also linked to Revenue through Asset Turnover. Niyogin Fintech's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Niyogin Fintech Total Assets Historical Data

The historical data trend for Niyogin Fintech'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.

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Niyogin Fintech Total Assets Chart

Niyogin Fintech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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2,503.85

3,681.09

3,629.91

3,446.83

4,520.64

Niyogin Fintech 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															3,446.83	-	4,173.66	-	4,520.64

Niyogin Fintech 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.

Niyogin Fintech'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 )
	=	2877.589	+	1643.047
	=	4,521

Niyogin Fintech'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 )
	=	2877.589	+	1643.047
	=	4,521

Niyogin Fintech (BOM:538772) Total Assets Explanation

Total Assets is connected with ROA %.

Niyogin Fintech'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 )
	=	-84.864	/	( (0	+	4520.636)	/ 1 )
	=	-84.864	/	4520.636
	=	-1.88 %

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.

Niyogin Fintech'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 )
=	483.797	/	( (0	+	4520.636)	/ 1 )
=	483.797	/	4520.636
=	0.11

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.

Niyogin Fintech Total Assets Related Terms

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Niyogin Fintech (BOM:538772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Niyogin Fintech Ltd (BOM:538772) » Definitions » Total Assets

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Address

Kirol Road, 311/312, 3rd Floor, Neelkanth Corporate IT Park, Vidyavihar (West), Mumbai, MH, IND, 400086

Website

https://www.niyogin.com

Niyogin Fintech Ltd is an Indian non-banking finance company. It is engaged in providing lending facilities and credit services to small and medium business. Geographically, it operates only in India. The company generates its revenue in the form of interest income, processing fees, Bounce charges, and other finance charges.

Niyogin Fintech (BOM:538772) Headlines

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