Humming Bird Education (BOM:542592) Total Assets : ₹36.31 Mil (As of Sep. 2023)

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What is Humming Bird Education Total Assets?

Humming Bird Education's Total Assets for the quarter that ended in Sep. 2023 was ₹36.31 Mil.

During the past 12 months, Humming Bird Education's average Total Assets Growth Rate was 288.40% per year. During the past 3 years, the average Total Assets Growth Rate was 1.40% per year. During the past 5 years, the average Total Assets Growth Rate was 21.60% per year.

During the past 8 years, Humming Bird Education's highest 3-Year average Total Assets Growth Rate was 103.40%. The lowest was -14.10%. And the median was 53.00%.

Total Assets is connected with ROA %. Humming Bird Education's annualized ROA % for the quarter that ended in Sep. 2023 was 28.98%. Total Assets is also linked to Revenue through Asset Turnover. Humming Bird Education's Asset Turnover for the quarter that ended in Sep. 2023 was 1.34.

Humming Bird Education Total Assets Historical Data

The historical data trend for Humming Bird Education'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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Humming Bird Education Total Assets Chart

Humming Bird Education Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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31.48

34.40

23.28

19.82

22.53

Humming Bird Education Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial									23.65	19.82	27.61	22.53	36.31

Humming Bird Education 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.

Humming Bird Education'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 )
	=	20.491	+	2.043
	=	22.53

Humming Bird Education'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 )
	=	24.755	+	11.559
	=	36.31

Humming Bird Education (BOM:542592) Total Assets Explanation

Total Assets is connected with ROA %.

Humming Bird Education's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	8.526	/	( (22.534	+	36.314)	/ 2 )
	=	8.526	/	29.424
	=	28.98 %

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

Humming Bird Education's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	39.501	/	( (22.534	+	36.314)	/ 2 )
=	39.501	/	29.424
=	1.34

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.

Humming Bird Education Total Assets Related Terms

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Humming Bird Education (BOM:542592) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Humming Bird Education Ltd (BOM:542592) » Definitions » Total Assets

Comparable Companies

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Address

Wazirpur Industrial Area, A 95/ 3, 2nd Floor, Delhi, IND, 110052

Website

https://hummingbirdeducation.com

Humming Bird Education Ltd is an Indian-based company operating in the education sector. It organizes Olympiads, where students are evaluated on a scientifically constructed syllabus and their academic performance is ranked relative to their peer group. Geographically, the company has a presence across India and Internationally.

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