Bigbloc Construction's Total Assets for the quarter that ended in Mar. 2024 was ₹2,936 Mil.
Warning Sign:
If a company builds assets at 22.7% a year, faster than its revenue growth rate of 20.5% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Bigbloc Construction's average Total Assets Growth Rate was 48.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 37.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 22.70% per year.
During the past 9 years, Bigbloc Construction's highest 3-Year average Total Assets Growth Rate was 37.10%. The lowest was 3.80%. And the median was 18.35%.
The historical data trend for Bigbloc Construction'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.
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.
Bigbloc Construction's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as
* 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.
Bigbloc Construction (NSE:BIGBLOC) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Bigbloc Construction's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Bigbloc Construction Total Assets Related Terms
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Bigbloc Construction (NSE:BIGBLOC) Business Description
Bigbloc Construction Ltd is engaged in the business of manufacturing building blocks and AAC (Aerated Autoclave Concrete) Bricks. AAC blocks are a high quality building material that offers a unique combination of strength, low weight, thermal insulation, sound absorption, unsurpassed fire resistance and unprecedented build ability. AAC is a natural and non-toxic construction material, saves energy, and is friendly to the environment. The company supplies to few of the largest Builders and Contractors in India like L&T, Lodha, Indiabulls, Runwal and many others.
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