Venus Pipes & Tubes (BOM:543528) Total Assets : ₹0 Mil (As of Dec. 2024)

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What is Venus Pipes & Tubes Total Assets?

Venus Pipes & Tubes's Total Assets for the quarter that ended in Dec. 2024 was ₹0 Mil.

Warning Sign:

If a company builds assets at 61% a year, faster than its revenue growth rate of 45.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Venus Pipes & Tubes's average Total Assets Growth Rate was 43.10% per year. During the past 3 years, the average Total Assets Growth Rate was 76.90% per year. During the past 5 years, the average Total Assets Growth Rate was 61.00% per year.

During the past 6 years, Venus Pipes & Tubes's highest 3-Year average Total Assets Growth Rate was 76.90%. The lowest was 47.40%. And the median was 67.70%.

Total Assets is connected with ROA %. Venus Pipes & Tubes's annualized ROA % for the quarter that ended in Dec. 2024 was 7.61%. Total Assets is also linked to Revenue through Asset Turnover. Venus Pipes & Tubes's Asset Turnover for the quarter that ended in Dec. 2024 was 0.24.

Venus Pipes & Tubes Total Assets Historical Data

The historical data trend for Venus Pipes & Tubes'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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Venus Pipes & Tubes Total Assets Chart

Venus Pipes & Tubes Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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1,071.91

1,375.39

2,478.92

5,074.40

7,575.85

Venus Pipes & Tubes Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial													-	7,575.85	-	9,445.33	-

Venus Pipes & Tubes 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.

Venus Pipes & Tubes'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 )
	=	4060.94	+	3514.91
	=	7,576

Venus Pipes & Tubes'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

Venus Pipes & Tubes (BOM:543528) Total Assets Explanation

Total Assets is connected with ROA %.

Venus Pipes & Tubes'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 )
	=	718.92	/	( (9445.33	+	0)	/ 1 )
	=	718.92	/	9445.33
	=	7.61 %

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.

Venus Pipes & Tubes'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 )
=	2313.03	/	( (9445.33	+	0)	/ 1 )
=	2313.03	/	9445.33
=	0.24

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.

Venus Pipes & Tubes Total Assets Related Terms

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Venus Pipes & Tubes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Venus Pipes & Tubes Ltd (BOM:543528) » Definitions » Total Assets

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VENUSPIPES:India

Address

Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201

Website

https://www.venuspipes.com

Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories namely seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision and heat exchanger tubes, stainless steel hydraulic and instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.

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