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Aeroflex Industries (BOM:543972) Total Assets : ₹3,750 Mil (As of Mar. 2024)


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What is Aeroflex Industries Total Assets?

Aeroflex Industries's Total Assets for the quarter that ended in Mar. 2024 was ₹3,750 Mil.

During the past 12 months, Aeroflex Industries's average Total Assets Growth Rate was 29.60% per year. During the past 3 years, the average Total Assets Growth Rate was 19.40% per year.

During the past 5 years, Aeroflex Industries's highest 3-Year average Total Assets Growth Rate was 19.40%. The lowest was 10.90%. And the median was 15.15%.

Total Assets is connected with ROA %. Aeroflex Industries's annualized ROA % for the quarter that ended in Mar. 2024 was 10.56%. Total Assets is also linked to Revenue through Asset Turnover. Aeroflex Industries's Asset Turnover for the quarter that ended in Mar. 2024 was 0.42.


Aeroflex Industries Total Assets Historical Data

The historical data trend for Aeroflex Industries'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.

Aeroflex Industries Total Assets Chart

Aeroflex Industries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
1,571.91 1,616.43 1,834.38 2,139.77 3,749.70

Aeroflex Industries Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Assets Get a 7-Day Free Trial 1,834.38 - 2,139.77 3,471.31 3,749.70

Aeroflex Industries 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.

Aeroflex Industries'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 )
=2931.498+818.197
=3,750

Aeroflex Industries'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 )
=2931.498+818.197
=3,750

* 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.


Aeroflex Industries  (BOM:543972) Total Assets Explanation

Total Assets is connected with ROA %.

Aeroflex Industries'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 )
=381.382/( (3471.307+3749.695)/ 2 )
=381.382/3610.501
=10.56 %

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.

Aeroflex Industries'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 )
=1509.012/( (3471.307+3749.695)/ 2 )
=1509.012/3610.501
=0.42

* 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.

Aeroflex Industries Total Assets Related Terms

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Aeroflex Industries (BOM:543972) Business Description

Traded in Other Exchanges
Address
Plot No. 41, 42/13, 42/14 & 42/18, Village Chal, Behind IGPL, near Taloja MIDC, Panvel, Navi Mumbai, MH, IND, 410 208
Aeroflex Industries Ltd is a manufacturer and supplier of environment-friendly metallic flexible flow solution products catering to global as well as domestic markets. It supply products to a wide spectrum of industries for the controlled flow of all forms of substances including air, liquid, and solid, Solution products are required in fire sprinklers, gas supply, the flow of air (conditioned/controlled) in aircraft, fueling and hydraulics in aircraft. The company exports its products to more than 80 countries including Europe, the USA and others.

Aeroflex Industries (BOM:543972) Headlines

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