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Diffusion Engineers (NSE:DIFFNKG) Total Assets : ₹2,246.1 Mil (As of Jun. 2023)


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What is Diffusion Engineers Total Assets?

Diffusion Engineers's Total Assets for the quarter that ended in Jun. 2023 was ₹2,246.1 Mil.

During the past 12 months, Diffusion Engineers's average Total Assets Growth Rate was 18.60% per year. During the past 3 years, the average Total Assets Growth Rate was 20.50% per year.

During the past 4 years, Diffusion Engineers's highest 3-Year average Total Assets Growth Rate was 20.50%. The lowest was 20.50%. And the median was 20.50%.

Total Assets is connected with ROA %. Diffusion Engineers's annualized ROA % for the quarter that ended in Jun. 2023 was 10.94%. Total Assets is also linked to Revenue through Asset Turnover. Diffusion Engineers's Asset Turnover for the quarter that ended in Jun. 2023 was 0.29.

Diffusion Engineers Total Assets Historical Data

The historical data trend for Diffusion Engineers'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.

Diffusion Engineers Total Assets Chart

Diffusion Engineers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
1,576.42 1,895.46 2,303.44 2,755.85

Diffusion Engineers Quarterly Data
Mar21 Mar22 Mar23 Jun23 Mar24
Total Assets 1,576.42 1,895.46 2,303.44 2,246.07 2,755.85

Diffusion Engineers 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.

Diffusion Engineers'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 )
=1910.18+845.67
=2,755.9

Diffusion Engineers's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=1483.26+762.81
=2,246.1

* 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.

Diffusion Engineers  (NSE:DIFFNKG) Total Assets Explanation

Total Assets is connected with ROA %.

Diffusion Engineers's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=248.92/( (2303.44+2246.07)/ 2 )
=248.92/2274.755
=10.94 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) 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.

Diffusion Engineers's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=654.08/( (2303.44+2246.07)/ 2 )
=654.08/2274.755
=0.29

* 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.

Diffusion Engineers Total Assets Related Terms

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Diffusion Engineers Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Diffusion Engineers Ltd (NSE:DIFFNKG) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
544264:India
Address
Nagpur Industrial Area, T-5 & 6, MIDC, Hingna, Nagpur, MH, IND, 440016
Website
https://www.diffusionengineers.com
Diffusion Engineers Ltd is engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery for core industries. Additionally, it is also involved in the trading of anti-wear powders and welding and cutting machinery. The company provides a super conditioning process at its manufacturing facilities, a surface treatment solution for machine components that enhances wear resistance, eliminates stress and improves their repairability ultimately extending their lifespan.

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