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Ascensive Educare (BOM:543443) Total Assets : ₹236.6 Mil (As of Sep. 2024)


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What is Ascensive Educare Total Assets?

Ascensive Educare's Total Assets for the quarter that ended in Sep. 2024 was ₹236.6 Mil.

Warning Sign:

If a company builds assets at 24.5% a year, faster than its revenue growth rate of 16% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Ascensive Educare's average Total Assets Growth Rate was 20.60% per year. During the past 3 years, the average Total Assets Growth Rate was 23.50% per year. During the past 5 years, the average Total Assets Growth Rate was 24.50% per year.

During the past 6 years, Ascensive Educare's highest 3-Year average Total Assets Growth Rate was 33.40%. The lowest was 23.50%. And the median was 24.40%.

Total Assets is connected with ROA %. Ascensive Educare's annualized ROA % for the quarter that ended in Sep. 2024 was 5.46%. Total Assets is also linked to Revenue through Asset Turnover. Ascensive Educare's Asset Turnover for the quarter that ended in Sep. 2024 was 0.55.

Ascensive Educare Total Assets Historical Data

The historical data trend for Ascensive Educare'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.

Ascensive Educare Total Assets Chart

Ascensive Educare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial 106.47 123.70 180.24 190.93 217.17

Ascensive Educare Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 164.57 190.93 207.27 217.17 236.59

Ascensive Educare 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.

Ascensive Educare'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 )
=123.445+93.725
=217.2

Ascensive Educare'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 )
=135.861+100.731
=236.6

* 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.

Ascensive Educare  (BOM:543443) Total Assets Explanation

Total Assets is connected with ROA %.

Ascensive Educare'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 )
=12.382/( (217.17+236.592)/ 2 )
=12.382/226.881
=5.46 %

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.

Ascensive Educare'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 )
=124.744/( (217.17+236.592)/ 2 )
=124.744/226.881
=0.55

* 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.

Ascensive Educare Total Assets Related Terms

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Ascensive Educare Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ascensive Educare Ltd (BOM:543443) » Definitions » Total Assets
Comparable Companies
BOM:532475 BOM:539761 NSE:VINSYS BOM:539682 BOM:540403 NSE:DRONE BOM:540062 NSE:LAWSIKHO NSE:GLOBAL NSE:ARIHANTACA TAL EDU LRN LOPE GHC ATGE LAUR SZSE:002607 SZSE:300364 ADX:ALEFEDT
Traded in Other Exchanges
N/A
Address
Sector- I, BF-32, 2nd Floor, Salt Lake City, Bidhannagar, Kolkata, WB, IND, 700064
Website
https://www.ascensiveeducare.com
Ascensive Educare Ltd is a responsive skill development company in Kolkata offering vocational training, and educational consulting in collaboration with Central, State Governments, Industries and Industry Associations. The Company is exclusively engaged in the business of providing skill development training services.

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