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Amiable Logistics (India) (NSE:AMIABLE) Total Assets : ₹121.2 Mil (As of Mar. 2023)


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What is Amiable Logistics (India) Total Assets?

Amiable Logistics (India)'s Total Assets for the quarter that ended in Mar. 2023 was ₹121.2 Mil.

During the past 12 months, Amiable Logistics (India)'s average Total Assets Growth Rate was 243.70% per year. During the past 3 years, the average Total Assets Growth Rate was 43.80% per year.

During the past 4 years, Amiable Logistics (India)'s highest 3-Year average Total Assets Growth Rate was 43.80%. The lowest was 43.80%. And the median was 43.80%.

Total Assets is connected with ROA %. Amiable Logistics (India)'s annualized ROA % for the quarter that ended in Mar. 2023 was 9.23%. Total Assets is also linked to Revenue through Asset Turnover. Amiable Logistics (India)'s Asset Turnover for the quarter that ended in Mar. 2023 was 1.72.


Amiable Logistics (India) Total Assets Historical Data

The historical data trend for Amiable Logistics (India)'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.

Amiable Logistics (India) Total Assets Chart

Amiable Logistics (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Total Assets
46.41 31.75 36.98 121.18

Amiable Logistics (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Total Assets 46.41 31.75 36.98 65.70 121.18

Amiable Logistics (India) 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.

Amiable Logistics (India)'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 )
=68.91+52.266
=121.2

Amiable Logistics (India)'s Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=68.91+52.266
=121.2

* 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.


Amiable Logistics (India)  (NSE:AMIABLE) Total Assets Explanation

Total Assets is connected with ROA %.

Amiable Logistics (India)'s annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=8.628/( (65.701+121.175)/ 2 )
=8.628/93.438
=9.23 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2023) 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.

Amiable Logistics (India)'s Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Sep. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=160.306/( (65.701+121.175)/ 2 )
=160.306/93.438
=1.72

* 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.

Amiable Logistics (India) Total Assets Related Terms

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Amiable Logistics (India) (NSE:AMIABLE) Business Description

Traded in Other Exchanges
N/A
Address
Neelkanth Business Park, Kirol Village, 322, 3rd Floor, D-Wing, Near Bus Depot Vidhyavihar (West), Mumbai, MH, IND, 400086
Amiable Logistics (India) Ltd is engaged in the business of providing services to importers and exporters for the smooth clearance of all kinds of imports and exports by air and sea as a clearing and forwarding agent and customs house broker.

Amiable Logistics (India) (NSE:AMIABLE) Headlines

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