Eastern Gases (BOM:540790) Total Assets: ₹789.0 Mil (As of Mar. 2018)

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What is Eastern Gases Total Assets?

Eastern Gases BOM:540790 Total Assets is ₹789.0 Mil as of Mar. 2018.

Eastern Gases's Total Assets for the quarter that ended in Mar. 2018 was ₹789.0 Mil.

Total Assets is connected with ROA %. Eastern Gases's annualized ROA % for the quarter that ended in Mar. 2018 was -10.38%. Total Assets is also linked to Revenue through Asset Turnover. Eastern Gases's Asset Turnover for the quarter that ended in Mar. 2018 was 0.02.

Eastern Gases  (BOM:540790) Total Assets Explanation

Total Assets is connected with ROA %.

Eastern Gases's annualized ROA % for the quarter that ended in Mar. 2018 is

ROA %=Net Income (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=-81.864/( (0+789.02)/ 1 )
=-81.864/789.02
=-10.38 %

Note: The Net Income data used here is four times the quarterly (Mar. 2018) 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.

Eastern Gases's Asset Turnover for the quarter that ended in Mar. 2018 is

Asset Turnover
=Revenue (Q: Mar. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Mar. 2018 ))/ count )
=15.836/( (0+789.02)/ 1 )
=15.836/789.02
=0.02

* 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.

Eastern Gases Total Assets Related Terms

Eastern Gases Total Assets Historical Data

* Premium members only.

The historical data trend for Eastern Gases'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.

Eastern Gases Total Assets Chart

Eastern Gases Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 903.80 940.05 956.86 946.04 789.02

Eastern Gases Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 946.04 0.00 1,139.99 0.00 789.02

Eastern Gases 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.

Eastern Gases's Total Assets for the fiscal year that ended in Mar. 2018 is calculated as

Total Assets=Total Equity (A: Mar. 2018 )+Total Liabilities (A: Mar. 2018 )
=-57.464+846.484
=789.0

Eastern Gases's Total Assets for the quarter that ended in Mar. 2018 is calculated as

Total Assets=Total Equity (Q: Mar. 2018 )+Total Liabilities (Q: Mar. 2018 )
=-57.464+846.484
=789.0

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ₹789.0 Mil mean?
Eastern Gases (BOM:540790) has a Total Assets of ₹789.0 Mil as of Mar. 2018. The total amount of assets as recorded on a company's balance sheet. View historical data on Eastern Gases and its competitors.
Is Eastern Gases' Total Assets too high?
Eastern Gases' current Total Assets is ₹789.0 Mil.
How does Eastern Gases' Total Assets compare to ICNN and QEGY?
Eastern Gases' Total Assets of ₹789.0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Oil & Gas company?
A good Total Assets depends on the Oil & Gas industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Eastern Gases and its competitors. Eastern Gases's current Total Assets is ₹789.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastern Gases stock overvalued right now?
Eastern Gases (BOM:540790) has a current Total Assets of ₹789.0 Mil. The current Total Assets is ₹789.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Eastern Gases (BOM:540790), the current Total Assets is ₹789.0 Mil as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Eastern Gases Business Description

Industry EnergyOil & Gas
Address 1 Kyd Street, 43 Palace Court, Kolkata, WB, IND, 700016
Eastern Gases Ltd is engaged in bottling, trading and retailing of LPG and general goods bulk supplies. The company deals in LPG, Propane, Butane, and Ammonia for industrial and commercial usage. It caters to the requirement of industrial user and packed users of LPG as well as Auto LPG segment. The company caters the commercial cylinder market of West Bengal, Bihar, and Orissa from its own bottling plant situated at Durgapur. Its Auto LPG Retail Outlet is present in Paschim Medinipur, West Bengal.