H.G. Infra Engineering's Total Assets for the quarter that ended in Mar. 2024 was ₹54,344 Mil.
Warning Sign:
If a company builds assets at 28.1% a year, faster than its revenue growth rate of 23.8% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, H.G. Infra Engineering's average Total Assets Growth Rate was 5.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 30.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 28.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 40.60% per year.
During the past 11 years, H.G. Infra Engineering's highest 3-Year average Total Assets Growth Rate was 77.80%. The lowest was 20.60%. And the median was 33.25%.
* 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.
H.G. Infra Engineering'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.
H.G. Infra Engineering (NSE:HGINFRA) 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.
H.G. Infra Engineering'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.
H.G. Infra Engineering Total Assets Related Terms
Thank you for viewing the detailed overview of H.G. Infra Engineering's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
H.G. Infra Engineering (NSE:HGINFRA) Business Description
H.G. Infra Engineering Ltd is engaged in Engineering, Procurement and Construction (EPC), Maintenance of roads, bridges, flyovers and other infrastructure contract works. Geographically, it operates only in India. It has one reportable segment of engineering, procurement and construction contracts (EPC). The company executes civil construction projects, like extension and grading of runways, railways and land development as well as water pipeline projects.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:HGINFRA has been successfully added to your 