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Envirotech Systems (NSE:ENVIRO) Total Assets : ₹728.0 Mil (As of Sep. 2024)


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What is Envirotech Systems Total Assets?

Envirotech Systems's Total Assets for the quarter that ended in Sep. 2024 was ₹728.0 Mil.

During the past 12 months, Envirotech Systems's average Total Assets Growth Rate was 70.40% per year. During the past 3 years, the average Total Assets Growth Rate was 53.10% per year.

During the past 4 years, Envirotech Systems's highest 3-Year average Total Assets Growth Rate was 53.10%. The lowest was 53.10%. And the median was 53.10%.

Total Assets is connected with ROA %. Envirotech Systems's annualized ROA % for the quarter that ended in Sep. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Envirotech Systems's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.


Envirotech Systems Total Assets Historical Data

The historical data trend for Envirotech Systems'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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Envirotech Systems Total Assets Chart

Envirotech Systems Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Assets
109.65 138.65 227.57 386.75

Envirotech Systems Quarterly Data
Mar21 Mar22 Mar23 Dec23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial 138.65 227.57 319.50 386.75 728.04

Envirotech Systems 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.

Envirotech Systems'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 )
=196.062+190.685
=386.7

Envirotech Systems'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 )
=526.808+201.227
=728.0

* 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.


Envirotech Systems  (NSE:ENVIRO) Total Assets Explanation

Total Assets is connected with ROA %.

Envirotech Systems's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (386.747+728.035)/ 2 )
=0/557.391
=0.00 %

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.

Envirotech Systems's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0/( (386.747+728.035)/ 2 )
=0/557.391
=0.00

* 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.

Envirotech Systems Total Assets Related Terms

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Envirotech Systems Business Description

Traded in Other Exchanges
N/A
Address
B1A, 19 1st Floor, Commercial Complex, Sector 51 Noida, Noida, UP, IND, 201301
Envirotech Systems Ltd is a acoustic products manufacturing organization specializing in noise measurement and control for industrial and commercial applications. It includes projects in industries such as Oil & Gas, Manufacturing, Power Generation, Cement & Steel, Automobile, and Construction.

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