Amin Tannery (BOM:541771) Total Assets : ₹639.6 Mil (As of Sep. 2023)

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What is Amin Tannery Total Assets?

Amin Tannery's Total Assets for the quarter that ended in Sep. 2023 was ₹639.6 Mil.

Warning Sign:

If a company builds assets at 6.3% a year, faster than its revenue growth rate of 3.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Amin Tannery's average Total Assets Growth Rate was -2.20% per year. During the past 3 years, the average Total Assets Growth Rate was 8.00% per year. During the past 5 years, the average Total Assets Growth Rate was 6.30% per year.

During the past 10 years, Amin Tannery's highest 3-Year average Total Assets Growth Rate was 2050.20%. The lowest was 1.50%. And the median was 10.90%.

Total Assets is connected with ROA %. Amin Tannery's annualized ROA % for the quarter that ended in Sep. 2023 was 0.47%. Total Assets is also linked to Revenue through Asset Turnover. Amin Tannery's Asset Turnover for the quarter that ended in Sep. 2023 was 0.16.

Amin Tannery Total Assets Historical Data

The historical data trend for Amin Tannery'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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Amin Tannery Total Assets Chart

Amin Tannery Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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482.50

528.89

551.95

659.15

672.75

Amin Tannery Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															661.04	-	672.75	-	639.60

Amin Tannery 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.

Amin Tannery'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 )
	=	121.297	+	551.449
	=	672.7

Amin Tannery's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	123.27	+	516.33
	=	639.6

Amin Tannery (BOM:541771) Total Assets Explanation

Total Assets is connected with ROA %.

Amin Tannery's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	3.02	/	( (0	+	639.6)	/ 1 )
	=	3.02	/	639.6
	=	0.47 %

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

Amin Tannery's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	101.109	/	( (0	+	639.6)	/ 1 )
=	101.109	/	639.6
=	0.16

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.

Amin Tannery Total Assets Related Terms

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Amin Tannery (BOM:541771) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Amin Tannery Ltd (BOM:541771) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

15/288 C, Civil Lines, Kanpur, UP, IND, 208001

Website

https://www.amintannery.in

Amin Tannery Ltd is an Indian-Based manufacturer and exporter of finished leather and leather shoes. It is engaged in the sale, purchase, manufacturing, refining, export, import, and deals as an agent in all classes of leather, hides, skins, and all chemicals and other materials required for converting hides and skins into leather and the business of tanners, curriers, hide and skin merchants. Its products offering includes finished leather and leather shoes including shoes and boots.

Amin Tannery (BOM:541771) Headlines

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