Mahip Industries (BOM:542503) Total Assets : ₹332.71 Mil (As of Mar. 2023)

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What is Mahip Industries Total Assets?

Mahip Industries's Total Assets for the quarter that ended in Mar. 2023 was ₹332.71 Mil.

During the past 12 months, Mahip Industries's average Total Assets Growth Rate was -42.30% per year. During the past 3 years, the average Total Assets Growth Rate was -32.00% per year. During the past 5 years, the average Total Assets Growth Rate was -27.60% per year. During the past 10 years, the average Total Assets Growth Rate was -5.70% per year.

During the past 11 years, Mahip Industries's highest 3-Year average Total Assets Growth Rate was 22.10%. The lowest was -32.00%. And the median was 2.70%.

Total Assets is connected with ROA %. Mahip Industries's annualized ROA % for the quarter that ended in Mar. 2023 was -2.58%. Total Assets is also linked to Revenue through Asset Turnover. Mahip Industries's Asset Turnover for the quarter that ended in Mar. 2023 was 0.00.

Mahip Industries Total Assets Historical Data

The historical data trend for Mahip Industries'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.

* Premium members only.

Mahip Industries Total Assets Chart

Mahip Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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973.52

608.65

337.03

332.71

193.75

Mahip Industries Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Total Assets	Get a 7-Day Free Trial										560.78	337.03	392.38	332.71	193.75

Mahip Industries 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.

Mahip Industries'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 )
	=	-102.283	+	296.028
	=	193.75

Mahip Industries's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2023 )	+	Total Liabilities (Q: Mar. 2023 )
	=	-82.074	+	414.786
	=	332.71

Mahip Industries (BOM:542503) Total Assets Explanation

Total Assets is connected with ROA %.

Mahip Industries's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %	=	Net Income (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
	=	-9.348	/	( (392.376	+	332.712)	/ 2 )
	=	-9.348	/	362.544
	=	-2.58 %

Note: The Net Income data used here is two times the semi-annual (Mar. 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.

Mahip Industries's Asset Turnover for the quarter that ended in Mar. 2023 is

	Asset Turnover
=	Revenue (Q: Mar. 2023 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Mar. 2023 ))	/ count )
=	0	/	( (392.376	+	332.712)	/ 2 )
=	0	/	362.544
=	0.00

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.

Mahip Industries Total Assets Related Terms

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Mahip Industries (BOM:542503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mahip Industries Ltd (BOM:542503) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makarba, S.G. Road, A-902, Safal Solitaire, Near Divya Bhaskar, Ahmedabad, GJ, IND, 380015

Website

http://www.mahipindustriesltd.in

Mahip Industries Ltd is a manufacturer and trader of corrugated boxes. The company offers corrugated boxes for milk and biscuits, for drugs and medicines, processed and semi-processed foods, edible oils, fruits and vegetables, and for electronic goods.

Mahip Industries (BOM:542503) Headlines

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