Mishra Dhatu Nigam's Total Assets for the quarter that ended in Mar. 2024 was ₹29,054 Mil.
Warning Sign:
If a company builds assets at 10.3% a year, faster than its revenue growth rate of 7.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Mishra Dhatu Nigam's average Total Assets Growth Rate was 0.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 13.40% per year.
During the past 12 years, Mishra Dhatu Nigam's highest 3-Year average Total Assets Growth Rate was 36.80%. The lowest was -10.00%. And the median was 7.00%.
The historical data trend for Mishra Dhatu Nigam'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.
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.
Mishra Dhatu Nigam's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Mishra Dhatu Nigam (BOM:541195) Total Assets Explanation
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.
Mishra Dhatu Nigam's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Mishra Dhatu Nigam Total Assets Related Terms
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Mishra Dhatu Nigam (BOM:541195) Business Description
Mishra Dhatu Nigam Ltd is engaged in the business of manufacturing of superalloys, titanium, special purpose steel, and other special metals. The Company is in the business of manufacturing of super alloys and other special metals which constitutes as their single reportable segment. The firm's product offerings include superalloys, electrical and electronic alloys, armour products, moly products, and other related products. In addition, it provides testing, evaluation and consulting services.
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