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Go Digit General Insurance (BOM:544179) Total Assets : ₹0 Mil (As of Dec. 2024)


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What is Go Digit General Insurance Total Assets?

Go Digit General Insurance's Total Assets for the quarter that ended in Dec. 2024 was ₹0 Mil.

Total Assets is connected with ROA %. Go Digit General Insurance's annualized ROA % for the quarter that ended in Dec. 2024 was 2.30%. Total Assets is also linked to Revenue through Asset Turnover. Go Digit General Insurance's Asset Turnover for the quarter that ended in Dec. 2024 was 0.12.


Go Digit General Insurance Total Assets Historical Data

The historical data trend for Go Digit General Insurance'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.

Go Digit General Insurance Total Assets Chart

Go Digit General Insurance Annual Data
Trend Mar21 Mar22 Mar23
Total Assets
66,491.31 109,885.90 143,948.63

Go Digit General Insurance Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only - 167,934.45 - 206,165.10 -

Go Digit General Insurance 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.

Go Digit General Insurance'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 )
=33467.54+110481.09
=143,949

Go Digit General Insurance'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

* 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.


Go Digit General Insurance  (BOM:544179) Total Assets Explanation

Total Assets is connected with ROA %.

Go Digit General Insurance'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 )
=4740.8/( (206165.1+0)/ 1 )
=4740.8/206165.1
=2.30 %

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.

Go Digit General Insurance'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 )
=24363.8/( (206165.1+0)/ 1 )
=24363.8/206165.1
=0.12

* 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.

Go Digit General Insurance Total Assets Related Terms

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Go Digit General Insurance Business Description

Traded in Other Exchanges
Address
4th B Cross Road, Atlantis, 95, Koramangala Industrial Layout, 5th Block, Bengaluru, KA, IND, 560095
Go Digit General Insurance Ltd is a diversified insurance company. It offers insurance products across various segments such as Fire, Marine Cargo, Marine Hull, Motor, Aviation, Personal Accident, Health insurance, and others. Maximum revenue is generated from its Motor insurance products. Geographically, the company operates in India.

Go Digit General Insurance Headlines

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