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Rita Finance and Leasing (BOM:543256) Total Assets : ₹0.00 Mil (As of Dec. 2024)


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What is Rita Finance and Leasing Total Assets?

Rita Finance and Leasing's Total Assets for the quarter that ended in Dec. 2024 was ₹0.00 Mil.

During the past 12 months, Rita Finance and Leasing's average Total Assets Growth Rate was 15.70% per year. During the past 3 years, the average Total Assets Growth Rate was 4.60% per year. During the past 5 years, the average Total Assets Growth Rate was 28.40% per year. During the past 10 years, the average Total Assets Growth Rate was 42.30% per year.

During the past 11 years, Rita Finance and Leasing's highest 3-Year average Total Assets Growth Rate was 114.20%. The lowest was 4.60%. And the median was 40.15%.

Total Assets is connected with ROA %. Rita Finance and Leasing's annualized ROA % for the quarter that ended in Dec. 2024 was 0.82%. Total Assets is also linked to Revenue through Asset Turnover. Rita Finance and Leasing's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.


Rita Finance and Leasing Total Assets Historical Data

The historical data trend for Rita Finance and Leasing'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.

Rita Finance and Leasing Total Assets Chart

Rita Finance and Leasing Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.72 149.88 215.85 155.89 158.88

Rita Finance and Leasing Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 158.88 - 185.80 -

Rita Finance and Leasing 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.

Rita Finance and Leasing'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 )
=155.148+3.729
=158.88

Rita Finance and Leasing's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=N/A+N/A
=N/A

* 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.


Rita Finance and Leasing  (BOM:543256) Total Assets Explanation

Total Assets is connected with ROA %.

Rita Finance and Leasing's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1.516/( (185.801+0)/ 1 )
=1.516/185.801
=0.82 %

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

Rita Finance and Leasing's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1.719/( (185.801+0)/ 1 )
=1.719/185.801
=0.01

* 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.

Rita Finance and Leasing Total Assets Related Terms

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Rita Finance and Leasing Business Description

Traded in Other Exchanges
N/A
Address
D-328, Basement Floor, Defence Colony, New Delhi, IND, 110024
Rita Finance and Leasing Ltd operate as a non-banking finance company. The company is engaged primarily in the business of advancing loans and investing/trading in securities.

Rita Finance and Leasing Headlines

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