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Techknowgreen Solutions (BOM:543991) Total Assets : ₹299.1 Mil (As of Mar. 2024)


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What is Techknowgreen Solutions Total Assets?

Techknowgreen Solutions's Total Assets for the quarter that ended in Mar. 2024 was ₹299.1 Mil.

During the past 12 months, Techknowgreen Solutions's average Total Assets Growth Rate was 133.60% per year. During the past 3 years, the average Total Assets Growth Rate was 38.30% per year.

During the past 4 years, Techknowgreen Solutions's highest 3-Year average Total Assets Growth Rate was 38.30%. The lowest was 38.30%. And the median was 38.30%.

Total Assets is connected with ROA %. Techknowgreen Solutions's annualized ROA % for the quarter that ended in Mar. 2024 was 20.00%. Total Assets is also linked to Revenue through Asset Turnover. Techknowgreen Solutions's Asset Turnover for the quarter that ended in Mar. 2024 was 0.50.


Techknowgreen Solutions Total Assets Historical Data

The historical data trend for Techknowgreen Solutions'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.

Techknowgreen Solutions Total Assets Chart

Techknowgreen Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
118.18 95.39 123.73 299.14

Techknowgreen Solutions Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Total Assets 118.18 95.39 123.73 274.64 299.14

Techknowgreen Solutions 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.

Techknowgreen Solutions'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 )
=277.511+21.625
=299.1

Techknowgreen Solutions'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 )
=277.511+21.625
=299.1

* 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.


Techknowgreen Solutions  (BOM:543991) Total Assets Explanation

Total Assets is connected with ROA %.

Techknowgreen Solutions'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 )
=57.39/( (274.638+299.136)/ 2 )
=57.39/286.887
=20.00 %

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.

Techknowgreen Solutions'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 )
=142.214/( (274.638+299.136)/ 2 )
=142.214/286.887
=0.50

* 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.

Techknowgreen Solutions Total Assets Related Terms

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Techknowgreen Solutions (BOM:543991) Business Description

Traded in Other Exchanges
N/A
Address
Flat-202, Hem Opal Apartment, Plot No. 26, Ekta Park Society, Wakdewadi, Pune, MH, IND, 411003
Techknowgreen Solutions Ltd is an environmental consulting company. It is engaged in the business of 'providing consulting services in almost every realm of environment & infrastructure planning, solutions to every problem of environment & climate change, which are both environmentally as well as economically feasible. It is one of the first companies in India to provide environmental IT solutions through cutting-edge software applications and compliance solutions. The company has diverse experience in handling complex projects across various industries like infrastructure, chemical, automobile, healthcare, manufacturing, real estate and national/state governments. Its client base includes government, semi-government organizations, MNCs, large companies, mid-size companies and MSMEs.

Techknowgreen Solutions (BOM:543991) Headlines

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