Electro Force (India) (NSE:EFORCE) Total Assets : ₹856.5 Mil (As of Mar. 2024)

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What is Electro Force (India) Total Assets?

Electro Force (India)'s Total Assets for the quarter that ended in Mar. 2024 was ₹856.5 Mil.

During the past 12 months, Electro Force (India)'s average Total Assets Growth Rate was 18.40% per year. During the past 3 years, the average Total Assets Growth Rate was 72.10% per year.

During the past 4 years, Electro Force (India)'s highest 3-Year average Total Assets Growth Rate was 72.10%. The lowest was 72.10%. And the median was 72.10%.

Total Assets is connected with ROA %. Electro Force (India)'s annualized ROA % for the quarter that ended in Mar. 2024 was -3.31%. Total Assets is also linked to Revenue through Asset Turnover. Electro Force (India)'s Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Electro Force (India) Total Assets Historical Data

The historical data trend for Electro Force (India)'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.

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Electro Force (India) Total Assets Chart

Electro Force (India) Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Assets

172.00

478.34

723.15

856.45

Electro Force (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Total Assets	172.00	478.34	723.15	782.70	856.45

Electro Force (India) 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.

Electro Force (India)'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 )
	=	701.965	+	154.487
	=	856.5

Electro Force (India)'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 )
	=	701.965	+	154.487
	=	856.5

Electro Force (India) (NSE:EFORCE) Total Assets Explanation

Total Assets is connected with ROA %.

Electro Force (India)'s annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-27.166	/	( (782.7	+	856.452)	/ 2 )
	=	-27.166	/	819.576
	=	-3.31 %

Note: The Net Income data used here is two times the semi-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.

Electro Force (India)'s Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	133.325	/	( (782.7	+	856.452)	/ 2 )
=	133.325	/	819.576
=	0.16

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.

Electro Force (India) Total Assets Related Terms

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Electro Force (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Electro Force (India) Ltd (NSE:EFORCE) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

39/5, Mauje Waliv Vasai (East), Taluka - Vasai East, District - Palghar, Thane, MH, IND, 401 208

Website

https://www.electroforceindia.com

Electro Force (India) Ltd is engaged in designing and manufacturing precision sheet metal components, plastic injection moldings, and related assemblies. It includes product designing, prototyping, and process development for precision sheet metal components & plastic products & assemblies for the electrical & switchgear industry. The Company conducts its business in only one Geographical Segment which is India.

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