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Ashoka India Equity Investment Trust (LSE:AIE) Total Assets : £457.2 Mil (As of Jun. 2024)


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What is Ashoka India Equity Investment Trust Total Assets?

Ashoka India Equity Investment Trust's Total Assets for the quarter that ended in Jun. 2024 was £457.2 Mil.

During the past 12 months, Ashoka India Equity Investment Trust's average Total Assets Growth Rate was 90.30% per year. During the past 3 years, the average Total Assets Growth Rate was 45.00% per year. During the past 5 years, the average Total Assets Growth Rate was 50.60% per year.

During the past 6 years, Ashoka India Equity Investment Trust's highest 3-Year average Total Assets Growth Rate was 50.00%. The lowest was 45.00%. And the median was 48.20%.

Total Assets is connected with ROA %. Ashoka India Equity Investment Trust's annualized ROA % for the quarter that ended in Jun. 2024 was 30.42%. Total Assets is also linked to Revenue through Asset Turnover. Ashoka India Equity Investment Trust's Asset Turnover for the quarter that ended in Jun. 2024 was 0.18.

Ashoka India Equity Investment Trust Total Assets Historical Data

The historical data trend for Ashoka India Equity Investment Trust'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.

Ashoka India Equity Investment Trust Total Assets Chart

Ashoka India Equity Investment Trust Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial 74.47 155.51 190.62 243.71 457.17

Ashoka India Equity Investment Trust Semi-Annual Data
Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.62 220.87 243.71 312.23 457.17

Ashoka India Equity Investment Trust 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.

Ashoka India Equity Investment Trust's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=435.439+21.727
=457.2

Ashoka India Equity Investment Trust's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=435.439+21.727
=457.2

* 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.

Ashoka India Equity Investment Trust  (LSE:AIE) Total Assets Explanation

Total Assets is connected with ROA %.

Ashoka India Equity Investment Trust's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=117.042/( (312.226+457.166)/ 2 )
=117.042/384.696
=30.42 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Ashoka India Equity Investment Trust's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=69.503/( (312.226+457.166)/ 2 )
=69.503/384.696
=0.18

* 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.

Ashoka India Equity Investment Trust Total Assets Related Terms

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Ashoka India Equity Investment Trust Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ashoka India Equity Investment Trust PLC (LSE:AIE) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
46-48 James Street, London, GBR, W1U 1EZ
Website
https://www.ashokaindiaequity.com
Ashoka India Equity Investment Trust PLC is an asset management company. The principal activities of the company are to invest in securities listed on stock exchanges in India and listed securities of companies with a presence in India.

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