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RSD Finance (BOM:539875) Total Assets : ₹2,755 Mil (As of Mar. 2024)


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What is RSD Finance Total Assets?

RSD Finance's Total Assets for the quarter that ended in Mar. 2024 was ₹2,755 Mil.

During the past 12 months, RSD Finance's average Total Assets Growth Rate was 3.00% per year. During the past 3 years, the average Total Assets Growth Rate was 9.60% per year. During the past 5 years, the average Total Assets Growth Rate was 8.20% per year. During the past 10 years, the average Total Assets Growth Rate was 16.30% per year.

During the past 13 years, RSD Finance's highest 3-Year average Total Assets Growth Rate was 73.50%. The lowest was 5.50%. And the median was 13.10%.

Total Assets is connected with ROA %. RSD Finance's annualized ROA % for the quarter that ended in Mar. 2024 was 7.07%. Total Assets is also linked to Revenue through Asset Turnover. RSD Finance's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.


RSD Finance Total Assets Historical Data

The historical data trend for RSD Finance'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.

RSD Finance Total Assets Chart

RSD Finance 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 2,032.83 2,142.28 2,518.43 2,634.75 2,754.51

RSD Finance 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 2,634.75 - 2,746.50 - 2,754.51

RSD Finance 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.

RSD Finance'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 )
=2314.971+439.54
=2,755

RSD Finance'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 )
=2314.971+439.54
=2,755

* 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.


RSD Finance  (BOM:539875) Total Assets Explanation

Total Assets is connected with ROA %.

RSD Finance'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 )
=194.732/( (0+2754.511)/ 1 )
=194.732/2754.511
=7.07 %

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.

RSD Finance'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 )
=329.448/( (0+2754.511)/ 1 )
=329.448/2754.511
=0.12

* 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.

RSD Finance Total Assets Related Terms

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RSD Finance (BOM:539875) Business Description

Traded in Other Exchanges
N/A
Address
Ramdas Bhatta, Bistupur, Holding No - 4, The Alcor Hotel, Purbi Singhbhum, Jamshedpur, JH, IND, 831001
RSD Finance Ltd is an India-based company non-banking financial company that invests in the capital market as well as in the money market. The company also provides Job Work services. It operates only in India. The segments of the group are the Investment & Finance segment and Job Work segment, of which key revenue is derived from the Investment & Finance segment.

RSD Finance (BOM:539875) Headlines

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