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Novateor Research Laboratories (BOM:542771) Total Assets : ₹111.34 Mil (As of Sep. 2024)


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What is Novateor Research Laboratories Total Assets?

Novateor Research Laboratories's Total Assets for the quarter that ended in Sep. 2024 was ₹111.34 Mil.

During the past 12 months, Novateor Research Laboratories's average Total Assets Growth Rate was 20.70% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 13.90% per year.

During the past 8 years, Novateor Research Laboratories's highest 3-Year average Total Assets Growth Rate was 66.00%. The lowest was 2.50%. And the median was 21.30%.

Total Assets is connected with ROA %. Novateor Research Laboratories's annualized ROA % for the quarter that ended in Sep. 2024 was 0.62%. Total Assets is also linked to Revenue through Asset Turnover. Novateor Research Laboratories's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.


Novateor Research Laboratories Total Assets Historical Data

The historical data trend for Novateor Research Laboratories'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.

Novateor Research Laboratories Total Assets Chart

Novateor Research Laboratories Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial 87.95 89.72 81.41 89.51 104.59

Novateor Research Laboratories Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 83.75 89.51 93.90 104.59 111.34

Novateor Research Laboratories 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.

Novateor Research Laboratories'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 )
=87.627+16.962
=104.59

Novateor Research Laboratories's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=96.485+14.858
=111.34

* 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.


Novateor Research Laboratories  (BOM:542771) Total Assets Explanation

Total Assets is connected with ROA %.

Novateor Research Laboratories's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.664/( (104.589+111.343)/ 2 )
=0.664/107.966
=0.62 %

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

Novateor Research Laboratories's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=7.932/( (104.589+111.343)/ 2 )
=7.932/107.966
=0.07

* 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.

Novateor Research Laboratories Total Assets Related Terms

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Novateor Research Laboratories Business Description

Traded in Other Exchanges
N/A
Address
Anandnagar Cross Road, 100 Feet Ring Road, 1026, Dev Atelier, Opposite Dev Auram, Prahladnagar, Ahmedabad, GJ, IND, 380015
Novateor Research Laboratories Ltd is a company engaged in the development of novel personal care products that are intended to provide safe, easy, and innovative approaches to the existing traditional personal care solutions. The company's teeth-whitening products are sold under the brand name SmiloShine. The company manufactures three different variants of teeth whitening strips, teeth whitening toothpaste and brush, kids's toothpaste and tongue cleaner, and teeth whitening gel.

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