India Capital Growth Fund (LSE:IGC) Total Assets : £174.72 Mil (As of Jun. 2024)

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What is India Capital Growth Fund Total Assets?

India Capital Growth Fund's Total Assets for the quarter that ended in Jun. 2024 was £174.72 Mil.

During the past 12 months, India Capital Growth Fund's average Total Assets Growth Rate was 21.20% per year. During the past 3 years, the average Total Assets Growth Rate was 15.60% per year. During the past 5 years, the average Total Assets Growth Rate was 9.90% per year. During the past 10 years, the average Total Assets Growth Rate was 13.50% per year.

During the past 13 years, India Capital Growth Fund's highest 3-Year average Total Assets Growth Rate was 42.20%. The lowest was -24.50%. And the median was 10.60%.

Total Assets is connected with ROA %. India Capital Growth Fund's annualized ROA % for the quarter that ended in Jun. 2024 was 17.34%. Total Assets is also linked to Revenue through Asset Turnover. India Capital Growth Fund's Asset Turnover for the quarter that ended in Jun. 2024 was 0.09.

India Capital Growth Fund Total Assets Historical Data

The historical data trend for India Capital Growth Fund'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.

India Capital Growth Fund Total Assets Chart

India Capital Growth Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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99.76

110.10

151.48

135.79

174.85

India Capital Growth Fund Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															111.22	135.79	146.20	174.85	174.72

India Capital Growth Fund 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.

India Capital Growth Fund's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	173.502	+	1.347
	=	174.85

India Capital Growth Fund'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 )
	=	172.928	+	1.788
	=	174.72

India Capital Growth Fund (LSE:IGC) Total Assets Explanation

Total Assets is connected with ROA %.

India Capital Growth Fund'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 )
	=	30.306	/	( (174.849	+	174.716)	/ 2 )
	=	30.306	/	174.7825
	=	17.34 %

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.

India Capital Growth Fund'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 )
=	16.103	/	( (174.849	+	174.716)	/ 2 )
=	16.103	/	174.7825
=	0.09

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.

India Capital Growth Fund Total Assets Related Terms

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India Capital Growth Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » India Capital Growth Fund Ltd (LSE:IGC) » Definitions » Total Assets

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N/A

Address

Royal Avenue, 1 Royal Plaza, St Peter Port, GGY, GY1 2HL

Website

https://www.indiacapitalgrowth.com

India Capital Growth Fund Ltd is a closed-ended investment company. The company's investment objective is to provide long-term capital appreciation by investing in companies based in India. Its investment policy permits the company to make investments in a range of Indian equity and equity-linked securities and predominantly in listed mid and small-cap Indian companies with a smaller proportion in unlisted Indian companies. Investment may also be made in large-cap listed Indian companies and in companies incorporated outside India that have significant operations or markets in India. The company's activities are focused on two areas namely Mauritius and India.