Balgopal Commercial (BOM:539834) Total Assets : ₹483.8 Mil (As of Sep. 2024)

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What is Balgopal Commercial Total Assets?

Balgopal Commercial's Total Assets for the quarter that ended in Sep. 2024 was ₹483.8 Mil.

Warning Sign:

If a company builds assets at 18.5% a year, faster than its revenue growth rate of 15.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Balgopal Commercial's average Total Assets Growth Rate was 118.40% per year. During the past 3 years, the average Total Assets Growth Rate was 28.30% per year. During the past 5 years, the average Total Assets Growth Rate was 18.50% per year. During the past 10 years, the average Total Assets Growth Rate was 1.40% per year.

During the past 13 years, Balgopal Commercial's highest 3-Year average Total Assets Growth Rate was 28.30%. The lowest was -20.00%. And the median was 0.30%.

Total Assets is connected with ROA %. Balgopal Commercial's annualized ROA % for the quarter that ended in Sep. 2024 was 58.66%. Total Assets is also linked to Revenue through Asset Turnover. Balgopal Commercial's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Balgopal Commercial Total Assets Historical Data

The historical data trend for Balgopal Commercial'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.

Balgopal Commercial Total Assets Chart

Balgopal Commercial Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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95.38

165.20

187.71

176.38

347.42

Balgopal Commercial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															220.46	-	347.42	-	483.76

Balgopal Commercial 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.

Balgopal Commercial'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 )
	=	285.764	+	61.655
	=	347.4

Balgopal Commercial's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	395.573	+	88.188
	=	483.8

Balgopal Commercial (BOM:539834) Total Assets Explanation

Total Assets is connected with ROA %.

Balgopal Commercial's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	283.78	/	( (0	+	483.761)	/ 1 )
	=	283.78	/	483.761
	=	58.66 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Balgopal Commercial's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	3.317	/	( (0	+	483.761)	/ 1 )
=	3.317	/	483.761
=	0.01

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.

Balgopal Commercial Total Assets Related Terms

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Balgopal Commercial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Balgopal Commercial Ltd (BOM:539834) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Jijamata Road, Upadhyay Compound, Flat No. B-002, Dreamax Vega, Lobby Level Floor, Pump House, Andheri (East), Mumbai, MH, IND, 400093

Website

http://www.bcommercial.org

Balgopal Commercial Ltd is mainly engaged in trading activities and invests and acquires or otherwise deals in derivatives, shares, debentures, bonds, obligations, and securities issued/guaranteed by the Government, state, Dominion in India, or elsewhere. The company generates the majority of its revenue from the sale of securities.

Balgopal Commercial Headlines

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