Agarwal Industrial's Total Assets for the quarter that ended in Mar. 2024 was ₹11,200 Mil.
Warning Sign:
If a company builds assets at 35.9% a year, faster than its revenue growth rate of 22.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Agarwal Industrial's average Total Assets Growth Rate was 47.70% per year.
During the past 3 years, the average Total Assets Growth Rate was 41.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 35.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 27.40% per year.
During the past 13 years, Agarwal Industrial's highest 3-Year average Total Assets Growth Rate was 41.90%. The lowest was 14.60%. And the median was 30.80%.
The historical data trend for Agarwal Industrial'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.
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.
Agarwal Industrial's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Agarwal Industrial (NSE:AGARIND) Total Assets Explanation
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.
Agarwal Industrial's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Agarwal Industrial Total Assets Related Terms
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Agarwal Industrial (NSE:AGARIND) Business Description
Agarwal Industrial Corp Ltd is engaged in the business activities of manufacturing and trading of petrochemicals, logistics of Bitumen and Liquefied Petroleum Gas (LPG) and energy generation through wind mills. The company's operating segment includes Petrochemical business; Logistics and Windmill. It generates maximum revenue from the Petrochemicals segment which includes Bituminous and Allied Products. The company's products categories include Paving Grade Bitumen; Industrial Grade Bitumen; Bitumen Emulsion for Road Construction; CRMB: Crumb Rubber Modified Bitumen; Polymer Modified bitumen (PMB); Byproducts/Waterproofing materials; and Bituminous Expansion Jointing Boards.
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