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Accuracy Shipping (NSE:ACCURACY) Total Assets : ₹2,783 Mil (As of Mar. 2024)


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What is Accuracy Shipping Total Assets?

Accuracy Shipping's Total Assets for the quarter that ended in Mar. 2024 was ₹2,783 Mil.

During the past 12 months, Accuracy Shipping's average Total Assets Growth Rate was -1.50% per year. During the past 3 years, the average Total Assets Growth Rate was 11.30% per year. During the past 5 years, the average Total Assets Growth Rate was 12.50% per year. During the past 10 years, the average Total Assets Growth Rate was 35.00% per year.

During the past 12 years, Accuracy Shipping's highest 3-Year average Total Assets Growth Rate was 104.30%. The lowest was 11.30%. And the median was 44.80%.

Total Assets is connected with ROA %. Accuracy Shipping's annualized ROA % for the quarter that ended in Mar. 2024 was 13.20%. Total Assets is also linked to Revenue through Asset Turnover. Accuracy Shipping's Asset Turnover for the quarter that ended in Mar. 2024 was 0.62.


Accuracy Shipping Total Assets Historical Data

The historical data trend for Accuracy Shipping'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.

Accuracy Shipping Total Assets Chart

Accuracy Shipping Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,801.15 1,990.58 3,003.68 2,861.94 2,783.10

Accuracy Shipping Quarterly Data
Sep18 Mar19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,861.94 - 2,827.80 - 2,783.10

Accuracy Shipping 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.

Accuracy Shipping'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 )
=1161.37+1621.73
=2,783

Accuracy Shipping's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1161.37+1621.73
=2,783

* 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.


Accuracy Shipping  (NSE:ACCURACY) Total Assets Explanation

Total Assets is connected with ROA %.

Accuracy Shipping's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=367.24/( (0+2783.1)/ 1 )
=367.24/2783.1
=13.20 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Accuracy Shipping's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1713.45/( (0+2783.1)/ 1 )
=1713.45/2783.1
=0.62

* 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.

Accuracy Shipping Total Assets Related Terms

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Accuracy Shipping (NSE:ACCURACY) Business Description

Traded in Other Exchanges
N/A
Address
Indian Oil Pump Road, ASL House, Survey No. 42, Plot No. 11, Meghpar Borichi, Near Genus Factory, Anjar, Kachchh, GJ, IND, 370110
Accuracy Shipping Ltd is a logistics service provider in India. It offers customized and ends to end logistics solutions and services including transportation and distribution, freight forwarding, clearing and forwarding service, custom house clearance, warehousing and value-added services. It offers freight services for the export and import of cargo by multiple modes of transport such as sea, road and air.

Accuracy Shipping (NSE:ACCURACY) Headlines

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