Globe International Carriers (NSE:GICL) Total Assets : ₹878 Mil (As of Sep. 2024)

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What is Globe International Carriers Total Assets?

Globe International Carriers's Total Assets for the quarter that ended in Sep. 2024 was ₹878 Mil.

During the past 3 years, the average Total Assets Growth Rate was 20.70% per year. During the past 5 years, the average Total Assets Growth Rate was 11.10% per year. During the past 10 years, the average Total Assets Growth Rate was 8.30% per year.

During the past 13 years, Globe International Carriers's highest 3-Year average Total Assets Growth Rate was 20.70%. The lowest was -7.60%. And the median was 8.70%.

Total Assets is connected with ROA %. Globe International Carriers's annualized ROA % for the quarter that ended in Sep. 2024 was 3.14%. Total Assets is also linked to Revenue through Asset Turnover. Globe International Carriers's Asset Turnover for the quarter that ended in Sep. 2024 was 0.82.

Globe International Carriers Total Assets Historical Data

The historical data trend for Globe International Carriers'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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Globe International Carriers Total Assets Chart

Globe International Carriers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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477.97

481.33

635.58

598.44

827.97

Globe International Carriers Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															635.58	598.44	-	827.97	877.60

Globe International Carriers 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.

Globe International Carriers'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 )
	=	540.083	+	287.882
	=	828

Globe International Carriers'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 )
	=	553.473	+	324.126
	=	878

Globe International Carriers (NSE:GICL) Total Assets Explanation

Total Assets is connected with ROA %.

Globe International Carriers'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 )
	=	26.78	/	( (827.965	+	877.599)	/ 2 )
	=	26.78	/	852.782
	=	3.14 %

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

Globe International Carriers'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 )
=	702.169	/	( (827.965	+	877.599)	/ 2 )
=	702.169	/	852.782
=	0.82

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.

Globe International Carriers Total Assets Related Terms

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Globe International Carriers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globe International Carriers Ltd (NSE:GICL) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Mayank Trade Centre, Station Road, 301 - 306, Prakash deep Complex, Jaipur, RJ, IND, 302006

Website

http://www.gicl.co

Globe International Carriers Ltd is an Indian company engaged in the business of providing services for transportation as a Goods Transport Agency. Its services include supply chain management, customs clearance, bulk transportation, transportation of all types of industries goods, bulk transportation, and other related services through open/closed body vehicles and two/three/four-wheeler vehicles, as well as packing and unpacking services of goods. The company operates in single segment of business i.e. Logistics Sector.

Globe International Carriers Headlines

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