Confidence Futuristic Energetech (BOM:539991) Total Assets : ₹0 Mil (As of Dec. 2024)

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What is Confidence Futuristic Energetech Total Assets?

Confidence Futuristic Energetech's Total Assets for the quarter that ended in Dec. 2024 was ₹0 Mil.

Warning Sign:

If a company builds assets at 98.3% a year, faster than its revenue growth rate of 62.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Confidence Futuristic Energetech's average Total Assets Growth Rate was 31.70% per year. During the past 3 years, the average Total Assets Growth Rate was 101.70% per year. During the past 5 years, the average Total Assets Growth Rate was 98.30% per year. During the past 10 years, the average Total Assets Growth Rate was 49.30% per year.

During the past 13 years, Confidence Futuristic Energetech's highest 3-Year average Total Assets Growth Rate was 151.80%. The lowest was 2.40%. And the median was 22.00%.

Total Assets is connected with ROA %. Confidence Futuristic Energetech's annualized ROA % for the quarter that ended in Dec. 2024 was 3.84%. Total Assets is also linked to Revenue through Asset Turnover. Confidence Futuristic Energetech's Asset Turnover for the quarter that ended in Dec. 2024 was 0.20.

Confidence Futuristic Energetech Total Assets Historical Data

The historical data trend for Confidence Futuristic Energetech'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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Confidence Futuristic Energetech Total Assets Chart

Confidence Futuristic Energetech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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170.86

308.96

2,118.27

2,711.56

2,517.63

Confidence Futuristic Energetech Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															-	2,517.63	-	3,146.85	-

Confidence Futuristic Energetech 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.

Confidence Futuristic Energetech'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 )
	=	1620.043	+	897.591
	=	2,518

Confidence Futuristic Energetech's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	N/A	+	N/A
	=	N/A

Confidence Futuristic Energetech (BOM:539991) Total Assets Explanation

Total Assets is connected with ROA %.

Confidence Futuristic Energetech's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	120.892	/	( (3146.853	+	0)	/ 1 )
	=	120.892	/	3146.853
	=	3.84 %

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

Confidence Futuristic Energetech's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	619.851	/	( (3146.853	+	0)	/ 1 )
=	619.851	/	3146.853
=	0.20

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.

Confidence Futuristic Energetech Total Assets Related Terms

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Confidence Futuristic Energetech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Confidence Futuristic Energetech Ltd (BOM:539991) » Definitions » Total Assets

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Address

34A, Central Bazar Road, Confidence Tower, Ramdaspeth, Nagpur, MH, IND, 440010

Website

https://cfel.co.in

Confidence Futuristic Energetech Ltd is engaged in offering Composite Liquefied petroleum gas Cylinders. The company has launched a blast proof, translucent, and light-weight composite cylinders under the brand name GoGas Elite. It is into selling LPG to both domestic and commercial users.

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