Purohit Construction (BOM:538993) Total Assets : ₹22.25 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Purohit Construction Total Assets?

Purohit Construction's Total Assets for the quarter that ended in Dec. 2023 was ₹22.25 Mil.

During the past 12 months, Purohit Construction's average Total Assets Growth Rate was -34.90% per year. During the past 3 years, the average Total Assets Growth Rate was -30.50% per year. During the past 5 years, the average Total Assets Growth Rate was -27.20% per year.

During the past 10 years, Purohit Construction's highest 3-Year average Total Assets Growth Rate was 7.10%. The lowest was -30.50%. And the median was -23.60%.

Total Assets is connected with ROA %. Purohit Construction's annualized ROA % for the quarter that ended in Dec. 2023 was -19.04%. Total Assets is also linked to Revenue through Asset Turnover. Purohit Construction's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Purohit Construction Total Assets Historical Data

The historical data trend for Purohit Construction'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.

Purohit Construction Total Assets Chart

Purohit Construction Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

88.45

102.73

64.49

34.98

27.59

Purohit Construction Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															34.85	27.59	25.03	23.65	22.25

Purohit Construction 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.

Purohit Construction's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	24.65	+	2.939
	=	27.59

Purohit Construction's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	20.933	+	1.314
	=	22.25

Purohit Construction (BOM:538993) Total Assets Explanation

Total Assets is connected with ROA %.

Purohit Construction's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-4.368	/	( (23.646	+	22.247)	/ 2 )
	=	-4.368	/	22.9465
	=	-19.04 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Purohit Construction's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (23.646	+	22.247)	/ 2 )
=	0	/	22.9465
=	0.00

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.

Purohit Construction Total Assets Related Terms

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

Purohit Construction (BOM:538993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Purohit Construction Ltd (BOM:538993) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

401, Purohit House, Opposite Sardar Patel Stadium, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

https://www.purohitconstruction.com

Purohit Construction Ltd is an Indian-based company that operates in the real estate business. The activity of the group includes general construction business which includes alteration, addition, repair, and maintenance of non-residential buildings, carried out on the own-account basis or on a fee or contract basis. It primarily holds an interest in the development of residential, commercial, and CSR projects. The few projects of the group are Sopan Life Style, Sopan Elegance, Sopan Heights, Sukh Sagar, Ami apartment, Shaswat, Sukan, Podar Jumbo Kids and others.

Purohit Construction (BOM:538993) Headlines

No Headlines