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Arabian Petroleum (NSE:ARABIAN) Total Assets : ₹991 Mil (As of Mar. 2024)


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What is Arabian Petroleum Total Assets?

Arabian Petroleum's Total Assets for the quarter that ended in Mar. 2024 was ₹991 Mil.

During the past 12 months, Arabian Petroleum's average Total Assets Growth Rate was 25.30% per year. During the past 3 years, the average Total Assets Growth Rate was 23.70% per year. During the past 5 years, the average Total Assets Growth Rate was 26.00% per year.

During the past 6 years, Arabian Petroleum's highest 3-Year average Total Assets Growth Rate was 31.40%. The lowest was 23.70%. And the median was 27.80%.

Total Assets is connected with ROA %. Arabian Petroleum's annualized ROA % for the quarter that ended in Mar. 2024 was 7.75%. Total Assets is also linked to Revenue through Asset Turnover. Arabian Petroleum's Asset Turnover for the quarter that ended in Mar. 2024 was 2.98.

Arabian Petroleum Total Assets Historical Data

The historical data trend for Arabian Petroleum'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.

Arabian Petroleum Total Assets Chart

Arabian Petroleum Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial 372.69 503.19 713.49 765.09 990.63

Arabian Petroleum Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets Get a 7-Day Free Trial 372.69 503.19 713.49 765.09 990.63

Arabian Petroleum 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.

Arabian Petroleum'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 )
=490.77+499.856
=991

Arabian Petroleum'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 )
=490.77+499.856
=991

* 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.

Arabian Petroleum  (NSE:ARABIAN) Total Assets Explanation

Total Assets is connected with ROA %.

Arabian Petroleum's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=68.05/( (765.088+990.626)/ 2 )
=68.05/877.857
=7.75 %

Note: The Net Income data used here is one times the annual (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.

Arabian Petroleum's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2618.544/( (765.088+990.626)/ 2 )
=2618.544/877.857
=2.98

* 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.

Arabian Petroleum Total Assets Related Terms

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Arabian Petroleum Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Petroleum Ltd (NSE:ARABIAN) » Definitions » Total Assets
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BOM:523232 BOM:530025 BOM:524624 BOM:543400 BOM:532543 NSE:RELIANCE MPC PSX VLO OHEL:NESTE TPE:6505 NSE:IOC XKAZ:KMGZ TSE:5020 DINO IST:TUPRS BOM:500547 XKRX:096770 HKSE:00135 TSE:5019
Traded in Other Exchanges
N/A
Address
Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505
Website
https://www.arabianpetroleum.co.in
Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

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