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Arihant Academy (NSE:ARIHANTACA) Total Assets : ₹422.0 Mil (As of Sep. 2024)


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What is Arihant Academy Total Assets?

Arihant Academy's Total Assets for the quarter that ended in Sep. 2024 was ₹422.0 Mil.

During the past 3 years, the average Total Assets Growth Rate was 26.20% per year.

During the past 5 years, Arihant Academy's highest 3-Year average Total Assets Growth Rate was 26.20%. The lowest was 18.20%. And the median was 22.20%.

Total Assets is connected with ROA %. Arihant Academy's annualized ROA % for the quarter that ended in Sep. 2024 was 15.71%. Total Assets is also linked to Revenue through Asset Turnover. Arihant Academy's Asset Turnover for the quarter that ended in Sep. 2024 was 0.28.

Arihant Academy Total Assets Historical Data

The historical data trend for Arihant Academy'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.

Arihant Academy Total Assets Chart

Arihant Academy Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
81.43 82.91 110.49 280.47 354.68

Arihant Academy Quarterly Data
Mar20 Mar21 Mar22 Sep22 Dec22 Mar23 Sep23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only - 280.47 325.95 354.68 421.97

Arihant Academy 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.

Arihant Academy'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 )
=212.018+142.662
=354.7

Arihant Academy's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=229.156+192.814
=422.0

* 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.

Arihant Academy  (NSE:ARIHANTACA) Total Assets Explanation

Total Assets is connected with ROA %.

Arihant Academy's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=61/( (354.68+421.97)/ 2 )
=61/388.325
=15.71 %

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

Arihant Academy's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=110.126/( (354.68+421.97)/ 2 )
=110.126/388.325
=0.28

* 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.

Arihant Academy Total Assets Related Terms

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Arihant Academy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Academy Ltd (NSE:ARIHANTACA) » Definitions » Total Assets
Comparable Companies
BOM:532339 BOM:509026 BOM:526709 BOM:533287 NSE:LAWSIKHO BOM:526471 BOM:532019 BOM:517063 BOM:526677 BOM:542592 EDU LRN TAL LOPE GHC ATGE LAUR SZSE:002607 HKSE:09636 SZSE:300364
Traded in Other Exchanges
N/A
Address
Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066
Website
https://www.arihantacademy.com
Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced), MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

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