Music Broadcast (BOM:540366) Total Assets : ₹0 Mil (As of Dec. 2023)

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What is Music Broadcast Total Assets?

Music Broadcast's Total Assets for the quarter that ended in Dec. 2023 was ₹0 Mil.

During the past 12 months, Music Broadcast's average Total Assets Growth Rate was -2.60% per year. During the past 3 years, the average Total Assets Growth Rate was 8.60% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year. During the past 10 years, the average Total Assets Growth Rate was 13.60% per year.

During the past 12 years, Music Broadcast's highest 3-Year average Total Assets Growth Rate was 52.10%. The lowest was -9.50%. And the median was 8.60%.

Total Assets is connected with ROA %. Music Broadcast's annualized ROA % for the quarter that ended in Dec. 2023 was 1.57%. Total Assets is also linked to Revenue through Asset Turnover. Music Broadcast's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Music Broadcast Total Assets Historical Data

The historical data trend for Music Broadcast'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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Music Broadcast Total Assets Chart

Music Broadcast Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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7,305.10

6,877.69

6,566.72

6,540.66

6,561.89

Music Broadcast Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Total Assets	Get a 7-Day Free Trial															-	6,503.78	-	6,561.89	-

Music Broadcast 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.

Music Broadcast'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 )
	=	5247.49	+	1314.402
	=	6,562

Music Broadcast'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 )
	=	N/A	+	N/A
	=	N/A

Music Broadcast (BOM:540366) Total Assets Explanation

Total Assets is connected with ROA %.

Music Broadcast's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	102.764	/	( (6561.892	+	0)	/ 1 )
	=	102.764	/	6561.892
	=	1.57 %

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.

Music Broadcast's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	604.357	/	( (6561.892	+	0)	/ 1 )
=	604.357	/	6561.892
=	0.09

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.

Music Broadcast Total Assets Related Terms

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Music Broadcast (BOM:540366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Broadcast Ltd (BOM:540366) » Definitions » Total Assets

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RADIOCITY:India

Address

Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.radiocity.in

Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.

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