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Cospower Engineering (BOM:543172) Total Assets : ₹348.4 Mil (As of Mar. 2024)


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What is Cospower Engineering Total Assets?

Cospower Engineering's Total Assets for the quarter that ended in Mar. 2024 was ₹348.4 Mil.

Warning Sign:

If a company builds assets at 33.2% a year, faster than its revenue growth rate of 10.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Cospower Engineering's average Total Assets Growth Rate was 11.10% per year. During the past 3 years, the average Total Assets Growth Rate was 27.40% per year. During the past 5 years, the average Total Assets Growth Rate was 33.20% per year.

During the past 8 years, Cospower Engineering's highest 3-Year average Total Assets Growth Rate was 37.90%. The lowest was 13.20%. And the median was 27.40%.

Total Assets is connected with ROA %. Cospower Engineering's annualized ROA % for the quarter that ended in Mar. 2024 was 7.80%. Total Assets is also linked to Revenue through Asset Turnover. Cospower Engineering's Asset Turnover for the quarter that ended in Mar. 2024 was 0.45.


Cospower Engineering Total Assets Historical Data

The historical data trend for Cospower Engineering'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.

Cospower Engineering Total Assets Chart

Cospower Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial 124.58 172.84 226.66 313.84 348.39

Cospower Engineering Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 226.66 270.08 313.84 325.92 348.39

Cospower Engineering 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.

Cospower Engineering'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 )
=72.221+276.172
=348.4

Cospower Engineering's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=72.221+276.172
=348.4

* 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.


Cospower Engineering  (BOM:543172) Total Assets Explanation

Total Assets is connected with ROA %.

Cospower Engineering's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=26.294/( (325.921+348.393)/ 2 )
=26.294/337.157
=7.80 %

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

Cospower Engineering's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=152.448/( (325.921+348.393)/ 2 )
=152.448/337.157
=0.45

* 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.

Cospower Engineering Total Assets Related Terms

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Cospower Engineering (BOM:543172) Business Description

Traded in Other Exchanges
N/A
Address
Chincholi Bunder Road, 403, Chandra-Raj Building, Behind Vivanta Hospital, Malad (West), Mumbai, MH, IND, 400064
Cospower Engineering Ltd is engaged in the business of manufacturing of electrical panels, harmonic filters and substations, and equipment mounting structures. It provides turnkey services which involve supply, installation, commissioning, testing, and comprehensive maintenance of electric products. The company has extended its product range to other power-related products that are needed to complete the electrical system. It offers under one roof a complete package of electrical systems and solutions. Its business comprises of manufacturing and supplying of re-active power compensation systems, harmonic filters, and other engineering goods.

Cospower Engineering (BOM:543172) Headlines

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