Fino Payments Bank (BOM:543386) Total Assets : ₹35,265 Mil (As of Sep. 2024)

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What is Fino Payments Bank Total Assets?

Fino Payments Bank's Total Assets for the quarter that ended in Sep. 2024 was ₹35,265 Mil.

Warning Sign:

If a company builds assets at 55.5% a year, faster than its revenue growth rate of 21.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Fino Payments Bank's average Total Assets Growth Rate was 14.50% per year. During the past 3 years, the average Total Assets Growth Rate was 47.10% per year. During the past 5 years, the average Total Assets Growth Rate was 55.50% per year.

During the past 6 years, Fino Payments Bank's highest 3-Year average Total Assets Growth Rate was 71.80%. The lowest was 45.60%. And the median was 47.10%.

Total Assets is connected with ROA %. Fino Payments Bank's annualized ROA % for the quarter that ended in Sep. 2024 was 2.40%. Total Assets is also linked to Revenue through Asset Turnover. Fino Payments Bank's Asset Turnover for the quarter that ended in Sep. 2024 was 0.12.

Fino Payments Bank Total Assets Historical Data

The historical data trend for Fino Payments Bank'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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Fino Payments Bank Total Assets Chart

Fino Payments Bank Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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6,240.01

10,102.91

16,800.02

24,664.02

34,191.12

Fino Payments Bank Quarterly Data
	Mar19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial														30,501.60	-	34,191.12	-	35,264.70

Fino Payments Bank 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.

Fino Payments Bank'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 )
	=	6431.688	+	27759.436
	=	34,191

Fino Payments Bank'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 )
	=	6911.8	+	28352.9
	=	35,265

Fino Payments Bank (BOM:543386) Total Assets Explanation

Total Assets is connected with ROA %.

Fino Payments Bank's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	846	/	( (0	+	35264.7)	/ 1 )
	=	846	/	35264.7
	=	2.40 %

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

Fino Payments Bank's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	4303.6	/	( (0	+	35264.7)	/ 1 )
=	4303.6	/	35264.7
=	0.12

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.

Fino Payments Bank Total Assets Related Terms

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Fino Payments Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fino Payments Bank Ltd (BOM:543386) » Definitions » Total Assets

Traded in Other Exchanges

FINOPB:India

Address

TTC Industrial Area, Mindspace Juinagar, Plot No Gen 2/1/F, Tower 1, 8 th Floor, MIDC Shirwane, Juinagar, Navi Mumbai, MH, IND, 400 706

Website

https://www.finobank.com

Fino Payments Bank Ltd is a fintech company offering a diverse range of financial products and services that are digital and have a payments focus. It offers such products and services to the target market through a pan-India distribution network and proprietary technologies. The business of the Bank has been segregated into four segments: Treasury, Corporate Banking, Retail Banking, and Other Banking Operations.

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