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Automotive Axles (NSE:AUTOAXLES) Total Assets : ₹12,250 Mil (As of Sep. 2024)


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What is Automotive Axles Total Assets?

Automotive Axles's Total Assets for the quarter that ended in Sep. 2024 was ₹12,250 Mil.

During the past 12 months, Automotive Axles's average Total Assets Growth Rate was -2.60% per year. During the past 3 years, the average Total Assets Growth Rate was 2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 5.00% per year. During the past 10 years, the average Total Assets Growth Rate was 8.90% per year.

During the past 13 years, Automotive Axles's highest 3-Year average Total Assets Growth Rate was 20.80%. The lowest was 2.10%. And the median was 7.60%.

Total Assets is connected with ROA %. Automotive Axles's annualized ROA % for the quarter that ended in Sep. 2024 was 11.75%. Total Assets is also linked to Revenue through Asset Turnover. Automotive Axles's Asset Turnover for the quarter that ended in Sep. 2024 was 0.40.


Automotive Axles Total Assets Historical Data

The historical data trend for Automotive Axles'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.

Automotive Axles Total Assets Chart

Automotive Axles Annual Data
Trend Sep14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,284.90 9,473.99 10,451.09 11,565.70 12,297.29

Automotive Axles Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11,546.39 - 12,297.29 - 12,249.75

Automotive Axles 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.

Automotive Axles'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 )
=8759.38+3537.91
=12,297

Automotive Axles'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 )
=8967.89+3281.86
=12,250

* 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.


Automotive Axles  (NSE:AUTOAXLES) Total Assets Explanation

Total Assets is connected with ROA %.

Automotive Axles's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1438.92/( (0+12249.75)/ 1 )
=1438.92/12249.75
=11.75 %

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.

Automotive Axles's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=4946.84/( (0+12249.75)/ 1 )
=4946.84/12249.75
=0.40

* 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.

Automotive Axles Total Assets Related Terms

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Automotive Axles Business Description

Traded in Other Exchanges
Address
Off Hunsur Road, Hootagalli Indsutrial Area, Mysore, KA, IND, 570 018
Automotive Axles Ltd is an India-based company engaged in the manufacturing and sale of automotive components. The company manufactures rear drive axle assemblies in India. It manufactures Drive axles, Non-drive axles, Front steer axles, Specialty and defense axles, and Drum and disc brakes. These products are provided to the domestic and global manufacturers of trucks and buses pertaining to segments such as light, medium, and heavy commercial vehicles, military and off-highway vehicles, aftermarket, and exports. The company operates in India.

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