TGIF Agribusiness (BOM:544175) Total Assets : ₹101.79 Mil (As of Sep. 2024)

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What is TGIF Agribusiness Total Assets?

TGIF Agribusiness's Total Assets for the quarter that ended in Sep. 2024 was ₹101.79 Mil.

During the past 12 months, TGIF Agribusiness's average Total Assets Growth Rate was 217.40% per year.

Total Assets is connected with ROA %. TGIF Agribusiness's annualized ROA % for the quarter that ended in Sep. 2024 was 32.25%. Total Assets is also linked to Revenue through Asset Turnover. TGIF Agribusiness's Asset Turnover for the quarter that ended in Sep. 2024 was 0.31.

TGIF Agribusiness Total Assets Historical Data

The historical data trend for TGIF Agribusiness'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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TGIF Agribusiness Total Assets Chart

TGIF Agribusiness Annual Data

Trend

Mar21

Mar22

Mar23

Total Assets

29.16

6.53

18.75

TGIF Agribusiness Semi-Annual Data
	Mar21	Mar22	Mar23	Sep24
Total Assets	29.16	6.53	18.75	101.79

TGIF Agribusiness 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.

TGIF Agribusiness's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	17.589	+	1.163
	=	18.75

TGIF Agribusiness'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 )
	=	99.392	+	2.402
	=	101.79

TGIF Agribusiness (BOM:544175) Total Assets Explanation

Total Assets is connected with ROA %.

TGIF Agribusiness's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	19.438	/	( (18.752	+	101.794)	/ 2 )
	=	19.438	/	60.273
	=	32.25 %

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.

TGIF Agribusiness's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	18.667	/	( (18.752	+	101.794)	/ 2 )
=	18.667	/	60.273
=	0.31

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.

TGIF Agribusiness Total Assets Related Terms

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TGIF Agribusiness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TGIF Agribusiness Ltd (BOM:544175) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

A/52, Fairy Society, 5th Floor, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.tgifagri.com

TGIF Agribusiness Ltd is majorly a horticulture company engaged in open farming of certain fruits and vegetables. It is engaged in the farming of pomegranate and also engaged in the farming and cultivation of dragon fruits and Sagwan trees.

TGIF Agribusiness Headlines

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