Happy Forgings (BOM:544057) Total Assets : ₹0 Mil (As of Dec. 2024)

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What is Happy Forgings Total Assets?

Happy Forgings's Total Assets for the quarter that ended in Dec. 2024 was ₹0 Mil.

During the past 12 months, Happy Forgings's average Total Assets Growth Rate was 27.90% per year. During the past 3 years, the average Total Assets Growth Rate was 27.70% per year.

During the past 4 years, Happy Forgings's highest 3-Year average Total Assets Growth Rate was 27.70%. The lowest was 27.70%. And the median was 27.70%.

Total Assets is connected with ROA %. Happy Forgings's annualized ROA % for the quarter that ended in Dec. 2024 was 12.78%. Total Assets is also linked to Revenue through Asset Turnover. Happy Forgings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.18.

Happy Forgings Total Assets Historical Data

The historical data trend for Happy Forgings'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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Happy Forgings Total Assets Chart

Happy Forgings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Assets

8,763.84

11,298.69

13,261.61

18,859.51

Happy Forgings Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial						-	18,859.51	-	20,198.99	-

Happy Forgings 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.

Happy Forgings'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 )
	=	16124.921	+	2734.589
	=	18,860

Happy Forgings'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

Happy Forgings (BOM:544057) Total Assets Explanation

Total Assets is connected with ROA %.

Happy Forgings'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 )
	=	2581.896	/	( (20198.988	+	0)	/ 1 )
	=	2581.896	/	20198.988
	=	12.78 %

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.

Happy Forgings'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 )
=	3543.246	/	( (20198.988	+	0)	/ 1 )
=	3543.246	/	20198.988
=	0.18

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.

Happy Forgings Total Assets Related Terms

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Happy Forgings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Happy Forgings Ltd (BOM:544057) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

HAPPYFORGE:India

Address

H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421

Website

https://www.happyforgingsltd.com

Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.

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