Ashapura Logistics (NSE:ASHALOG) Total Assets : ₹1,264 Mil (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Ashapura Logistics Total Assets?

Ashapura Logistics's Total Assets for the quarter that ended in Mar. 2024 was ₹1,264 Mil.

During the past 12 months, Ashapura Logistics's average Total Assets Growth Rate was 17.20% per year. During the past 3 years, the average Total Assets Growth Rate was 2.60% per year.

During the past 4 years, Ashapura Logistics's highest 3-Year average Total Assets Growth Rate was 2.60%. The lowest was 2.60%. And the median was 2.60%.

Total Assets is connected with ROA %. Ashapura Logistics's annualized ROA % for the quarter that ended in Mar. 2024 was 10.70%. Total Assets is also linked to Revenue through Asset Turnover. Ashapura Logistics's Asset Turnover for the quarter that ended in Mar. 2024 was 1.72.

Ashapura Logistics Total Assets Historical Data

The historical data trend for Ashapura Logistics'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.

Ashapura Logistics Total Assets Chart

Ashapura Logistics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Assets

1,129.21

1,156.88

1,046.17

1,264.49

Ashapura Logistics Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Total Assets	1,129.21	1,156.88	1,046.17	1,264.49

Ashapura Logistics 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.

Ashapura Logistics'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 )
	=	657.446	+	607.042
	=	1,264

Ashapura Logistics'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 )
	=	657.446	+	607.042
	=	1,264

Ashapura Logistics (NSE:ASHALOG) Total Assets Explanation

Total Assets is connected with ROA %.

Ashapura Logistics'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 )
	=	123.571	/	( (1046.166	+	1264.488)	/ 2 )
	=	123.571	/	1155.327
	=	10.70 %

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.

Ashapura Logistics'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 )
=	1990.091	/	( (1046.166	+	1264.488)	/ 2 )
=	1990.091	/	1155.327
=	1.72

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.

Ashapura Logistics Total Assets Related Terms

Thank you for viewing the detailed overview of Ashapura Logistics's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Ashapura Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ashapura Logistics Ltd (NSE:ASHALOG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

S.G. Highway, B-902 Shapath Hexa, Opposite High Court, Sola, Ahmedabad, GJ, IND, 380060

Website

https://www.ashapura.in

Ashapura Logistics Ltd is an integrated logistics company in India. It operates in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (3PL)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). The transportation business generated key revenue for the company.

Ashapura Logistics Headlines

No Headlines